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NY A08154
Bill
Status
Introduced
10/13/2023
Primary Sponsor
Latoya Joyner
Click for details
AI Summary
- Adds new section 215-d to New York Labor Law establishing the "no severance ultimatums act"
- Requires employers offering severance agreements to notify employees they have the right to consult an attorney with at least 21 business days to do so
- Allows employees to revoke severance agreements within seven days of execution, with agreements not becoming effective until the revocation period expires
- Permits employees to voluntarily shorten the revocation period only if their decision is knowing, voluntary, and not induced by employer fraud, misrepresentation, threats, or offer of different terms
- Applies to all employers including governmental agencies and takes effect immediately upon enactment
Legislative Description
Establishes the "no severance ultimatums act", which prevents employers from giving ultimatums to employees or former employees relating to such employee's severance from employment.
Last Action
enacting clause stricken
1/10/2024
Committee Referrals
Labor10/13/2023
Full Bill Text
No bill text available