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NY S02762
Bill
Status
1/25/2021
Primary Sponsor
Jessica Ramos
Click for details
AI Summary
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Creates employee liens on real and personal property for unpaid wages, defined as violations of labor law wage provisions, employment contracts, or federal Fair Labor Standards Act, enforceable for up to three years after employment ends.
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Establishes procedures for filing and serving employee lien notices on employers, requiring filing in county clerk offices for real property or through UCC financing statements for personal property, with two-step service requirements within specified timeframes.
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Allows wage claims to serve as grounds for attachment without requiring an undertaking bond or limiting plaintiff liability, streamlining collection procedures for employees owed wages.
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Removes prior notice requirements for employees to hold the ten largest shareholders of non-publicly traded corporations personally liable for unpaid wages, making shareholders jointly and severally liable without advance written notice.
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Removes prior notice and timing requirements for employees to hold the ten members with largest ownership interests in limited liability companies personally liable for unpaid wages, and grants employees inspection rights for LLC records related to their employment period.
Legislative Description
Relates to securing payment of wages for work already performed; creates a lien remedy for all employees; provides grounds for attachment; relates to procedures where employees may hold shareholders of non-publicly traded corporations personally liable for wage theft; relates to rights for victims of wage theft to hold the ten members with the largest ownership interests in a company personally liable for wage theft.
Last Action
COMMITTED TO RULES
6/3/2022