A11364 • 2025

Authorizes the village of Hempstead to amortize payments made to town employees upon separation from employment over a period of twenty years

Labor

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Noah Burroughs
Last action: 2026-05-18
Official status: In Assembly Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Authorizes the village of Hempstead to amortize payments made to town employees upon separation from employment over a period of twenty years

Authorizes the village of Hempstead to amortize payments made to town employees upon separation from employment over a period of twenty years Authorizes the village of Hempstead, in the county of Nassau, to amortize over a period of 20 years, the payments made to village employees upon separation from employment.

What This Bill Does

Authorizes the village of Hempstead to amortize payments made to town employees upon separation from employment over a period of twenty years Authorizes the village of Hempstead, in the county of Nassau, to amortize over a period of 20 years, the payments made to village employees upon separation from employment.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-05-18 Assembly
AMEND (T) AND RECOMMIT TO LOCAL GOVERNMENTS
2026-05-18 Assembly
PRINT NUMBER 11364A
2026-05-13 Assembly
REFERRED TO LOCAL GOVERNMENTS

Official Summary Text

Authorizes the village of Hempstead to amortize payments made to town employees upon separation from employment over a period of twenty years
Authorizes the village of Hempstead, in the county of Nassau, to amortize over a period of 20 years, the payments made to village employees upon separation from employment.

Current Bill Text

Read the full stored bill text

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          11364

                                  I N  A S S E M B L Y

                                      May 13, 2026
                                       ___________

        Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Burroughs)
          -- read once and referred to the Committee on Local Governments

        AN ACT to amend the local finance law, in relation  to  authorizing  the
          village of Hempstead, in the county of Nassau, to amortize the cost of
          certain payments to employees upon separation from service

          THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section 1.  Paragraph a of section 11.00 of the local finance  law  is
     2  amended by adding a new subdivision 111 to read as follows:
     3    111.  PAYMENTS  BY  THE VILLAGE OF HEMPSTEAD, IN THE COUNTY OF NASSAU,
     4  MADE ON OR AFTER APRIL FIRST, TWO THOUSAND TWENTY-SIX, TO EMPLOYEES UPON
     5  SEPARATION FROM EMPLOYMENT, AS MAY  BE  APPROVED  BY  SUCH  VILLAGE  AND
     6  INCLUDING,  BUT  NOT LIMITED TO, CASH PAYMENTS FOR SEPARATION INCENTIVES
     7  AND/OR PAYMENT OF THE MONETARY VALUE  OF  ACCRUED  AND  ACCUMULATED  BUT
     8  UNUSED  AND  UNPAID  SICK LEAVE, PERSONAL LEAVE, HOLIDAY LEAVE, VACATION
     9  TIME, TIME  ALLOWANCES GRANTED IN LIEU OF OVERTIME COMPENSATION, AND ANY
    10  OTHER FORMS OF PAYMENT REQUIRED TO BE PAID TO SUCH EMPLOYEES UPON  SEPA-
    11  RATION FROM EMPLOYMENT, TWENTY YEARS.
    12    § 2. This act shall take effect immediately.






         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15694-04-6