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S4489Senate2011-2012 SessionSame asA5785

Provides for health insurance and supplemental benefits to retirees of the New York city off track betting corporation

Sponsor Rules CommitteeAffects Finance
Status
Senate Floor Calendar
Impact
Pending
Passage
Pending

Bill progress

Vetoed via A5785

What's happening

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Who cares

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Sponsors

Primary sponsor
Rules Committee

No co-sponsors yet.

History

  1. Substituted by A5785
  2. Ordered to third reading cal.1515
  3. Committee discharged and committed to rules
  4. Committee discharged and committed to finance
  5. 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.

A5785Assembly

Provides for health insurance and supplemental benefits to retirees of the New York city off track betting corporation

Vetoed · Sponsor Peter Abbate

Vetoed

Full text

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

Sponsor's memo

BILL NUMBER:S4489

Title of bill

An act to amend the racing, pari-mutuel wagering and breeding law, in relation to provision of health insurance and supplemental benefits to retirees of the New York city off track betting corporation

Purpose

This bill would require the state of New York to maintain the health insurance and supplemental benefits received by retirees of the New York City Off-Track Betting Corporation.

Summary of provisions

Section one of the bill sets forth a legislative intent.

Section two of the bill amends section 606(4)of the Racing, Pari-Mutuel wagering and Breeding Law to require the state of New York to reimburse the city of New York or its designee and applicable welfare fund benefit programs for the actual cost of health insurance and welfare benefit programs.

Section three of the bill would make the act effective immediately.

Justification

Prior to the closure of the New York City Off Track Betting Corporation on December 7, 2010, retirees of the corporation received health insurance through the New York City employees health insurance plan pursuant to Chapter 115 of the Laws of 2008. Some employees received supplemental benefits (such as prescription drug, optical and dental) through welfare fund benefit plans funded through employer contributions.

Employees entered NYCOTB service with the assurance that, if they retired from NYCOTB, they and their dependants would receive these benefits. It was indeed part of the quid pro quo for their employment. Upon closure, the promise was broken, resulting in severe financial hardship and even more, important, danger to the health and lives of NYCOTB retirees and their dependants.

The state of New York should honor its commitment to protect the welfare of these former public employees and restore the health insurance and supplemental benefits of current and future NYCOTB retirees. Any annual cost associated with the bill will diminish with the passage of time and must be balanced against additional cost the state would occur should these individuals need to secure other public benefits.

Legislative history

New Bill.

Fiscal implications

None available.

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.