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NY A06754
Bill
Status
3/11/2025
Primary Sponsor
Tony Simone
Click for details
AI Summary
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Allows public employees across New York state, counties, municipalities, school districts, public authorities, and public benefit corporations to convert accrued vacation time into student loan payments
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Excludes employees covered by existing collective bargaining agreements, though unions may opt in or negotiate alternative benefits through bargaining
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Defines "student loan" as any loan financing postsecondary education, including federal loans from the William D. Ford Direct Loan Program and Federal Family Education Loan Program
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Requires the President of the Civil Service Commission to establish rules and regulations for implementation
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Takes effect 180 days after becoming law
Legislative Description
Allows New York state employees to use accrued vacation time toward student loan payments; defines terms; requires the president of the civil service commission to promulgate necessary rules and regulations.
Last Action
referred to governmental employees
1/7/2026