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Bill > S01998


NY S01998

NY S01998
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.


summary

Introduced
01/16/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 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 includes bonus in the definition of "wages" for the purposes of the labor law when the formula for determining the bonus is available to the employer or when the bonus amount has been declared. It also establishes that all wages covered under the labor law shall be non-forfeitable once the amount is known or can be reasonably determined.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

REFERRED TO LABOR (on 01/05/2022)

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