What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Substituted by A9950
- Advanced to third reading
- 2nd report cal.
- 1st report cal.736
- Referred to local government
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.
Authorizes the city of Kingston to amortize the cost of payments to employees upon separation of service from such city
Vetoed · Sponsor Kevin Cahill
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
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
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 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 often years.
Section 2, effective date.
Existing law
None.
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.