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NY S06786
Bill
Status
2/5/2010
Primary Sponsor
Kenneth LaValle
Click for details
AI Summary
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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.
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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).
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Allows the Town of East Hampton to finance these separation payments over a ten-year period as permitted under Local Finance Law.
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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