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S7675Senate2013-2014 SessionSame asA9898

Provides for a period of probable usefulness for the payment of the past service cost by the city of Elmira to provide additional pension benefits to eligible firefighters employed by such city

Sponsor Thomas F. O'MaraSD-58Affects Local Government
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Thomas F. O'Mara

Senator · Senate District 58

Chair, Elections

No co-sponsors yet.

History

  1. Signed chap.422
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Home rule request
  6. Ordered to third reading rules cal.611
  7. Substituted for A9898
  8. Referred to cities
  9. Delivered to assembly
  10. Passed senateVote 58–0
  11. Home rule request
  12. Ordered to third reading cal.1154
Show 2 earlier actions
  1. Committee discharged and committed to rules
  2. Referred to local government

Companion bill

Full text

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

Sponsor's memo

BILL NUMBER:S7675

Title of bill

An act to amend the local finance law, in relation to providing for a period of probable usefulness for the payment of the past service cost by the city of Elmira to provide additional pension benefits to eligible firefighters employed by such city

Purpose

This bill would provide for a period of probable usefulness for the payment of the past service cost by the city of Elmira to provide additional pension benefits to eligible firefighters employed by the city.

Summary of provisions

Section 1 amends paragraph a of section 11.00 of the local finance law by adding a new subdivision 107 that will provide additional pension benefits pursuant to sections 375 I and 375 j of the retirement and social security law to eligible firefighters employed by the city of Elmira, ten years.

Section 2 is the effective date.

Purpose

This legislation would establish the period of usefulness in order for the City to bond for the past service cost due to the New York State and Local Police and Fire Retirement System.

Legislative history

New Bill

Fiscal implications

None to 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.