New York S 9420: Relates to parametric insurance

Bill Text

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S09420 Summary:

BILL NOS09420 

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SAME ASSAME AS A08512

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SPONSORRYAN C

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COSPNSRADDABBO, BYNOE, MARTINEZ, MYRIE, RAMOS, WEBB

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MLTSPNSR

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Add §706-a, Lab L

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Secures the continued validity of collective bargaining agreements during and after a change in operator or ownership of a property, facility, or company.

Go to top S09420 Actions:

BILL NOS09420 

&nbsp

03/11/2026REFERRED TO LABOR

Go to topS09420 Committee&nbspVotes:

Go to topS09420 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS09420 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9420

 IN SENATE

 March 11, 2026
 ___________

 Introduced by Sen. C. RYAN -- read twice and ordered printed, and when
 printed to be committed to the Committee on Labor

 AN ACT to amend the labor law, in relation to securing collective
 bargaining agreement validity during a change in operator or ownership

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The labor law is amended by adding a new section 706-a to
 2 read as follows:
 3 § 706-a. Prevention of unfair labor practices in transfer of oper-
 4 ations. 1. For the purposes of this section, the following terms shall
 5 have the following meanings:
 6 (a) "Owner" shall mean the entity that holds legal title to the prop-
 7 erty or facility, including any parent or affiliated companies.
 8 (b) "Operator" shall mean the entity responsible for the day-to-day
 9 management and operation of the property or facility, which may or may
 10 not be the owner.
 11 (c) "Successor operator" shall mean a person, company, or entity that
 12 acquires a property or operation of an existing facility, whether by
 13 sale, transfer, lease, takeover, assignment, reorganization, bankruptcy
 14 proceeding, or other means.
 15 (d) "Collective bargaining agreement" or "CBA" shall mean an agreement
 16 between an owner or operator and a labor union that governs the terms
 17 and conditions of employment for workers at a facility or property.
 18 2. In the event that a property or facility which employs employees
 19 subject to a collective bargaining agreement is sold, transferred,
 20 leased, or otherwise acquired by a successor operator or owner, unless a
 21 new CBA is made pursuant to applicable state and local laws, such
 22 successor operator or owner shall agree, in writing, to:
 23 (a) become a party bound by all terms, conditions, and obligations set
 24 forth in the collective bargaining agreement; and
 25 (b) honor all employment terms and conditions, including, but not
 26 limited to, wages, benefits, job security, and work opportunities, as
 27 set forth in the existing agreement.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11996-01-5

 S. 9420 2

 1 3. If, following a transfer of operations, the amount of work for some
 2 or all employees increases, such increase shall be fully covered under
 3 the terms and conditions of the collective bargaining agreement.
 4 4. (a) If the owner and operator of a property or facility, following
 5 one or more transfers of ownership or operation, are separate entities,
 6 the leadership and board, if applicable, shall not overlap or commingle
 7 in a way that would create a conflict of interest or which would allow
 8 such owner or operator to avoid joint liability for honoring a collec-
 9 tive bargaining agreement.
 10 (b) If the successor operator and owner are found to share or commin-
 11 gle leadership in a manner which was intended to or actually caused a
 12 conflict of interest with respect to a CBA, such successor operator
 13 shall be considered a continuation of the prior operator for purposes of
 14 enforcing the CBA.
 15 5. The board shall have the authority to enforce the provisions of
 16 this section. By its own motion or at the request of the parties, the
 17 board is authorized to initiate or arbitrate proceedings in relation to
 18 a violation of this section pursuant to the provisions of section seven
 19 hundred two-a of this article.
 20 6. (a) Any successor operator who is found to have failed to comply
 21 with this section shall be subject to a civil pe