Bill Text: NY S00645 | 2019-2020 | General Assembly | Introduced
Bill Title: Relates to the effect of the minimum wage increase on New York state businesses and workforce.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO LABOR [S00645 Detail]
Download: New_York-2019-S00645-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 645 2019-2020 Regular Sessions IN SENATE (Prefiled) January 9, 2019 ___________ Introduced by Sen. BOYLE -- read twice and ordered printed, and when printed to be committed to the Committee on Labor AN ACT to amend the labor law, in relation to the effects of the minimum wage increase on New York state businesses and workforce The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 6 of section 652 of the labor law, as added by 2 section 3 of part K of chapter 54 of the laws of 2016, is amended to 3 read as follows: 4 6. Notwithstanding subdivision one of this section, and sections six 5 hundred fifty-three and six hundred fifty-five of this article, on or 6 after January first, two thousand nineteen, and each January first ther- 7 eafter until such time as the minimum wage is fifteen dollars in all 8 areas of the state, the division of budget shall conduct an analysis of 9 the state of the economy in each region, and the effect of the minimum 10 wage increases listed in this section, to determine whether there should 11 be a temporary suspension or delay in any scheduled increases. In 12 conducting its analysis, the division of budget shall consult the 13 department, the department's division of research and statistics, the 14 United States department of labor, the federal reserve bank of New York 15 and other economic experts. Additionally, the division of budget shall 16 take into consideration the information compiled pursuant to subdivi- 17 sions sixteen and seventeen of section twenty-one of this chapter. The 18 division of budget will reference well-established economic indexes and 19 accepted economic factors, including those set forth in section six 20 hundred fifty-four of this article, to justify and explain its decision. 21 After reviewing such indexes and factors, the division shall determine 22 whether scheduled increases in the minimum wage shall continue up to and 23 including fifteen dollars. The division of budget will issue a report 24 and recommendation to the commissioner, who shall take action on that EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD04376-01-9S. 645 2 1 report and recommendation pursuant to section six hundred fifty-six of 2 this article. 3 § 2. Section 21 of the labor law is amended by adding three new subdi- 4 visions 16, 17 and 18 to read as follows: 5 16. Shall compile and report, on an annual basis, to the governor, the 6 temporary president of the senate and the speaker of the assembly, the 7 number of corporations and business entities that have filed with the 8 secretary of state that have dissolved or ceased to employ New York 9 workers in entities located within New York state due to the increase in 10 minimum wage. 11 17. Shall ask corporations and business entities that have filed with 12 the secretary of state, to report the number of employees at the begin- 13 ning of each year and the end of each year, specifically notating the 14 number of employees no longer employed due to the increase in minimum 15 wage. Additionally, such corporations and business entities shall 16 report any failures to expand due to such increase. Such data shall be 17 compiled and reported, on an annual basis, to the governor, the tempo- 18 rary president of the senate and the speaker of the assembly. 19 18. Shall establish a mechanism for which corporations and business 20 entities shall provide the information described in subdivisions sixteen 21 and seventeen of this section. 22 § 3. This act shall take effect immediately.
