New York S 10489: 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

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S10489 Summary:

BILL NOS10489 

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SAME ASSAME AS A11364-A

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SPONSORBYNOE

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COSPNSR

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MLTSPNSR

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Amd §11.00, Loc Fin L

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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.

Go to top S10489 Actions:

BILL NOS10489 

&nbsp

05/15/2026REFERRED TO LOCAL GOVERNMENT

06/04/2026COMMITTEE DISCHARGED AND COMMITTED TO RULES

06/04/2026ORDERED TO THIRD READING CAL.1769

06/04/2026HOME RULE REQUEST

06/04/2026PASSED SENATE

06/04/2026DELIVERED TO ASSEMBLY

06/04/2026referred to local governments

Go to topS10489 Committee&nbspVotes:

Go to topS10489 Floor&nbspVotes:

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

Go to topS10489 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10489

 IN SENATE

 May 15, 2026
 ___________

 Introduced by Sen. BYNOE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Local Government

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

 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, county of Nassau, made on
 4 or after April first, two thousand twenty-six to employees upon sepa-
 5 ration from employment, as may be approved by such village and includ-
 6 ing, but not limited to, cash payment for separation incentives and/or
 7 payment of the monetary value of accrued and accumulated but unused and
 8 unpaid sick leave, vacation time, and any other forms of payment
 9 required to be paid to such employees upon separation from employment,
 10 twenty years.
 11 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD15865-01-6

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