New York S 5990: Relates to mandatory employer disclosures regarding employee compensation and benefits

Bill Text

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S05990 Summary:

BILL NOS05990C

&nbsp

SAME ASSAME AS A05906-C

&nbsp

SPONSORRAMOS

&nbsp

COSPNSRFERNANDEZ, JACKSON, LIU, MATTERA, RYAN C, SCARCELLA-SPANTON

&nbsp

MLTSPNSR

&nbsp

Amd §194-b, Lab L

&nbsp

Relates to mandatory employer disclosures regarding employee compensation and benefits, including any non-salary or non-wage compensation and benefits.

Go to top S05990 Actions:

BILL NOS05990C

&nbsp

03/04/2025REFERRED TO LABOR

05/12/2025AMEND AND RECOMMIT TO LABOR

05/12/2025PRINT NUMBER 5990A

05/20/20251ST REPORT CAL.1195

05/21/20252ND REPORT CAL.

05/22/2025ADVANCED TO THIRD READING 

06/06/2025AMENDED ON THIRD READING 5990B

06/13/2025COMMITTED TO RULES

01/07/2026REFERRED TO LABOR

01/21/20261ST REPORT CAL.134

01/27/20262ND REPORT CAL.

01/28/2026ADVANCED TO THIRD READING 

02/10/2026AMENDED ON THIRD READING 5990C

06/01/2026PASSED SENATE

06/01/2026DELIVERED TO ASSEMBLY

06/01/2026referred to codes

Go to topS05990 Committee&nbspVotes:

Go to topS05990 Floor&nbspVotes:

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

Go to topS05990 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5990--C
 Cal. No. 134

 2025-2026 Regular Sessions

 IN SENATE

 March 4, 2025
 ___________

 Introduced by Sens. RAMOS, FERNANDEZ, JACKSON, LIU, MATTERA, C. RYAN,
 SCARCELLA-SPANTON -- read twice and ordered printed, and when printed
 to be committed to the Committee on Labor -- committee discharged,
 bill amended, ordered reprinted as amended and recommitted to said
 committee -- reported favorably from said committee, ordered to first
 and second report, ordered to a third reading, amended and ordered
 reprinted, retaining its place in the order of third reading -- recom-
 mitted to the Committee on Labor in accordance with Senate Rule 6,
 sec. 8 -- reported favorably from said committee, ordered to first and
 second report, ordered to a third reading, amended and ordered
 reprinted, retaining its place in the order of third reading

 AN ACT to amend the labor law, in relation to requiring employers to
 disclose information about benefits and other compensation, including
 bonuses, stock options, and commissions

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

 1 Section 1. This act shall be known and may be cited as the "benefit
 2 transparency act".
 3 § 2. Section 194-b of the labor law, as amended by chapter 94 of the
 4 laws of 2023, is amended to read as follows:
 5 § 194-b. Mandatory disclosure of compensation or range of
 6 compensation, other compensation, benefits, and position description. 1.
 7 a. No employer, employment agency, employee, or agent thereof shall
 8 advertise a job, promotion, or transfer opportunity that will physically
 9 be performed, at least in part, in the state of New York, including a
 10 job, promotion, or transfer opportunity that will physically be
 11 performed outside of New York but reports to a supervisor, office, or
 12 other work site in New York without disclosing the following:
 13 (i) the compensation or a range of compensation for such job,
 14 promotion, or transfer opportunity; [and]

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD02156-07-6

 S. 5990--C 2

 1 (ii) any other forms of compensation not required to be disclosed in
 2 subparagraph (i) of this paragraph for which the position may be eligi-
 3 ble, including bonuses, stocks, bonds, options, and equity or ownership;
 4 (iii) a general description of all benefits that an employer reason-
 5 ably expects in good faith to offer for such job, promotion or transfer
 6 opportunity, including health insurance benefits, paid time off, paid
 7 disability insurance, and paid family leave; and
 8 (iv) the job description for such job, promotion, or transfer opportu-
 9 nity[, if such description exists].
 10 b. If an employer offers a base salary outside the advertised range,
 11 the employer shall retain a written record listing the reasons for
 12 offering a salary outside the advertised range for no less than three
 13 years after the date the position is filled.
 14 c. An employer, employment agency, employee, or agent thereof adver-
 15 tising for a job, promotion, or transfer