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NY S06786

Bill

Status

Introduced

2/5/2010

Primary Sponsor

Kenneth LaValle

Click for details

Origin

Senate

2009-2010 General Assembly

AI Summary

  • Amends the Local Finance Law to add a new subdivision 105 to section 11.00 establishing a ten-year period of probable usefulness for separation payments by the Town of East Hampton, Suffolk County.

  • Authorizes the Town of East Hampton to make payments to employees upon separation from employment, including cash separation incentives and monetary value of accrued unused leave (sick leave, personal leave, holiday leave, vacation time, and overtime compensation alternatives).

  • Allows the Town of East Hampton to finance these separation payments over a ten-year period as permitted under Local Finance Law.

  • Takes effect immediately upon enactment.

Legislative Description

Provides for a period of probable usefulness to the payment for separation incentive program by the town of East Hampton, county of Suffolk.

Last Action

REPORTED AND COMMITTED TO RULES

6/15/2010

Committee Referrals

Rules6/15/2010
Finance3/24/2010
Local Government2/5/2010

Full Bill Text

No bill text available