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A9950Assembly2009-2010 SessionSame asS7030

Authorizes the city of Kingston to amortize the cost of payments to employees upon separation of service from such city

Sponsor Kevin CahillAD-101Affects Finance
Status
Vetoed
Impact
Pending
Outcome
Vetoed

Bill progress

Vetoed

What's happening

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Why it matters

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Who cares

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Sponsors

Primary sponsor
Kevin Cahill

Assembly Member · Assembly District 101

No co-sponsors yet.

History

  1. Tabled
  2. Vetoed memo.6805
  3. Delivered to governor
  4. Returned to assembly
  5. Passed senateVote 61–0
  6. Home rule request
  7. 3rd reading cal.736
  8. Substituted for S7030
  9. Referred to rules
  10. Delivered to senate
  11. Passed assembly
  12. Home rule request
Show 6 earlier actions
  1. Ordered to third reading rules cal.146
  2. Rules report cal.146
  3. Reported
  4. Reported referred to rules
  5. Reported referred to ways and means
  6. Referred to governmental employees

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

S7030Senate

Authorizes the city of Kingston to amortize the cost of payments to employees upon separation of service from such city

Senate Floor Calendar · Sponsor William J. Larkin Jr.

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:A9950

Title of bill

An act to amend the local finance law, in relation to authorizing and empowering the city of Kingston to amortize the cost of payments to employees upon separation of service from the city

Purpose or general idea of bill

The purpose of this bill is to make explicit the ability of the City of Kingston to amortize the cost of payments made to employees upon separation of service over a period of ten years.

Summary of specific provisions

Section 1, authorizing and empowering the City of Kingston to amortize the cost of payments made to employees upon separation of service over a period of ten years.

Section 2, effective date.

Justification

This legislation addresses the City of Kingston's need to amortize the cost of payments to employees upon separation of service from the City. The measure was requested by the City of Kingston.

Legislative history

New Bill,

Fiscal implications

None to the State.

Effective date

This act shall take effect immediately

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.