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NY S07932

Bill

Official Source

Status

Introduced

3/12/2018

Primary Sponsor

Michael Ranzenhofer

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Prohibits state and local authorities from entering into employment contracts that provide severance or other benefits upon job termination exceeding the periodic payment or benefit the employee was receiving when employment ended

  • Prohibits severance or other benefits upon job termination that extend for a period longer than ten weeks after employment ends

  • Applies only to contracts that are not required by state or federal law

  • Takes effect immediately and applies to any contract or renewal/extension of contract dated after the law becomes effective

Legislative Description

Prohibits certain employment agreements by state and local authorities.

Last Action

COMMITTED TO RULES

6/20/2018

Committee Referrals

Rules6/20/2018
Corporations, Authorities and Commissions3/12/2018

Full Bill Text

No bill text available