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Bill > S07254
NY S07254
NY S07254Includes bonus in the definition of wages for purposes of the labor law when the formula under which a bonus is determined is available to the employer or when the amount of a bonus has been declared; relates to the forfeit of wages.
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
Includes bonus in the definition of wages for purposes of the labor law when the formula under which a bonus is determined is available to the employer or when the amount of a bonus has been declared; relates to the forfeit of wages.
AI Summary
This bill amends the New York labor law to include bonuses in the definition of "wages" for the purposes of the law. Specifically, a bonus is considered wages when the formula used to calculate the bonus is available to the employer or when the amount of the bonus has been declared by the employer. Additionally, the bill establishes that all wages covered under the labor law shall be non-forfeitable once the amount of the wage is known or can be reasonably determined.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
REFERRED TO LABOR (on 01/14/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=S07254&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y | 01/15/2020 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S07254&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07254 | 01/15/2020 |
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