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NY S05990
Bill
Status
3/4/2025
Primary Sponsor
Jessica Ramos
Click for details
AI Summary
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Requires employers to disclose in job postings not only salary ranges but also other forms of compensation (bonuses, stock options, equity) and a general description of benefits including health insurance, paid time off, and paid family leave
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Mandates employers provide job offers with detailed benefit plan information within 5 business days, including insurance plan identities, premium costs, deductibles, copayments, and coverage details for preventive care, reproductive health, and prescription drugs
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Requires employers to retain written records for at least 3 years explaining why a salary offer fell outside the advertised range
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Grants current employees the right to request annually the compensation range for their position and similar positions requiring comparable skill, effort, and responsibility
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Applies to employers with 4 or more employees and takes effect 270 days after becoming law
Legislative Description
Relates to mandatory employer disclosures regarding employee compensation and benefits, including any non-salary or non-wage compensation and benefits.
Last Action
AMENDED ON THIRD READING 5990C
2/10/2026