Bill Text: NY S04624 | 2019-2020 | General Assembly | Introduced
Bill Title: Prohibits certain employment agreements by state and local authorities.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS [S04624 Detail]
Download: New_York-2019-S04624-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 4624 2019-2020 Regular Sessions IN SENATE March 18, 2019 ___________ Introduced by Sens. RANZENHOFER, JACOBS -- read twice and ordered print- ed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to employment agreements by state and local authorities The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The public authorities law is amended by adding a new 2 section 2854 to read as follows: 3 § 2854. Employment agreements. No state or local authority shall enter 4 into an employment contract or agreement or extension or renewal of a 5 contract or agreement with any person that provides that, in the event 6 the person shall cease employment, such person shall receive any payment 7 or other benefit not required by state or federal law: (a) in an amount 8 in excess of the periodic payment or benefit such person was receiving 9 when employment ended; or (b) for a period in excess of ten weeks after 10 such employment ends. 11 § 2. This act shall take effect immediately and shall apply to any 12 contract or renewal or extension of contract dated after this act shall 13 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02222-01-9
