Bill Text: NY S00662 | 2017-2018 | General Assembly | Amended

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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) 2018-02-06 - PRINT NUMBER 662A [S00662 Detail]

Download: New_York-2017-S00662-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         662--A
                               2017-2018 Regular Sessions
                    IN SENATE
                                     January 4, 2017
                                       ___________
        Introduced  by  Sen.  BOYLE  -- read twice and ordered printed, and when
          printed to be committed to the Committee on Labor  --  recommitted  to
          the  Committee  on  Labor  in accordance with Senate Rule 6, sec. 8 --
          committee discharged, bill amended, ordered reprinted as  amended  and
          recommitted to said committee
        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
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05505-02-8
        S. 662--A                           2
     1  including  fifteen  dollars.  The division of budget will issue a report
     2  and recommendation to the commissioner, who shall take  action  on  that
     3  report  and  recommendation pursuant to section six hundred fifty-six of
     4  this article.
     5    § 2. Section 21 of the labor law is amended by adding three new subdi-
     6  visions 16, 17 and 18 to read as follows:
     7    16. Shall compile and report, on an annual basis, to the governor, the
     8  temporary  president  of the senate and the speaker of the assembly, the
     9  number of corporations and business entities that have  filed  with  the
    10  secretary  of  state  that  have  dissolved or ceased to employ New York
    11  workers in entities located within New York state due to the increase in
    12  minimum wage.
    13    17. Shall ask corporations and business entities that have filed  with
    14  the  secretary of state, to report the number of employees at the begin-
    15  ning of each year and the end of each year,  specifically  notating  the
    16  number  of  employees  no longer employed due to the increase in minimum
    17  wage.   Additionally, such  corporations  and  business  entities  shall
    18  report  any failures to expand due to such increase.  Such data shall be
    19  compiled and reported, on an annual basis, to the governor,  the  tempo-
    20  rary president of the senate and the speaker of the assembly.
    21    18.  Shall  establish  a mechanism for which corporations and business
    22  entities shall provide the information described in subdivisions sixteen
    23  and seventeen of this section.
    24    § 3. This act shall take effect immediately.