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NY A00992
Bill
Status
1/8/2025
Primary Sponsor
Phillip Steck
Click for details
AI Summary
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Amends the labor law definition of "wages" to explicitly include bonus compensation alongside time, piece, and commission-based earnings
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Establishes that a bonus constitutes wages when the calculation formula is certain and all data needed to calculate it is available to the employer
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Bonuses also qualify as wages once the employer has declared the bonus amount
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Creates new section 193-a making all wages non-forfeitable once the amount is known or can reasonably be determined
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Takes effect immediately upon enactment
Legislative Description
Includes bonus in the definition of wages for purposes of the labor law when the formula under which a bonus is determined is available to the employer or when the amount of a bonus has been declared; relates to the forfeit of wages.
Last Action
referred to labor
1/7/2026