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History
- Referred to rules
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 during 2010
In Assembly Committee · Cities · Sponsor Kevin Cahill
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S8495
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 during 2010
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 cast of payments made to employees upon separation of service under incentives offered in 2010 over a period of five years.
Summary of specific provisions
Section 1, authorizing and empowering the City of Kingston to amortize the cast of payments made to employees upon separation of service under incentives offered in 2010 over a period of five years.
Section 2, effective date.
Justification
This legislation addresses the City of Kingston's need to amortize the cast of payments to employees upon separation of service from the City. The measure was requested by the City of Kingston.
Legislative history
A.9950/S.7030 - Vetoed in 2010
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.