Bill > S04681

This bill repeals section 581-d of the labor law, which appears to be related to an interest assessment surcharge. By removing this specific section of the law, the bill eliminates the existing provisions concerning the interest assessment surcharge, effectively ending its current application. The bill includes a provision for immediate implementation upon becoming law, meaning the repeal will take effect as soon as the bill is signed. While the specific details of the original interest assessment surcharge are not provided in the bill text, the straightforward nature of the bill suggests a direct removal of a previously established legal provision related to interest assessments in labor law.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S4681