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S3664Senate2009-2010 SessionSame asA7242

Prohibits payment of bonuses to employees and board members of state authorities

Sponsor William T. StachowskiSD-58+1 co-sponsorAffects Finance
Status
In Senate Committee
Finance
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Finance

What's happening

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Who cares

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Sponsors

Primary sponsor
William T. Stachowski

Senator · Senate District 58

History

  1. Reported and committed to finance
  2. Print number 3664b
  3. Amend and recommit to corporations, authorities and commissions
  4. Referred to corporations, authorities and commissions
  5. Print number 3664a
  6. Amend and recommit to corporations, authorities and commissions
  7. Referred to corporations, authorities and commissions

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.

A7242Assembly

Prohibits payment of bonuses to employees and board members of state authorities

In Senate Committee · Corporations, Authorities And Commissions · Sponsor Sam Hoyt

Full text

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

Sponsor's memo

Title of bill

An act to amend the public authorities law, in relation to prohibiting bonuses for employees of public authorities

Purpose or general idea of bill

The purpose of the bill is to remove the ability of public authorities to pay bonuses.

Summary of specific provisions

Section One adds a section 2853 of the public authorities law that will now prohibit the payment of bonuses to discretionary employees. Section 2 adds the effective date.

Justification

Recent newspaper articles have cited the practice by the New York power Authority of paying bonuses on top of lucrative salaries and other perks. In a time of fiscal crisis State Authorities should be tightening their belts, not handing out bonuses.

Prior legislative history

06/22/09 - Passed assembly

Fiscal implications

None.

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.