Vote: Floor vote
NY SenateJun 4, 2026Result: passed
Senate bill · S10489 (2025-26)
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
The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.
New York State Senate
Same as A11364, the matching bill in the Assembly.
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.
Summary from NY Open Legislation. How we handle summaries
Amends the Local Finance Law.
From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data
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To authorize the Village of Hempstead to finance over time certain costs associated with employee separations, including early retirement incen- tives and accrued leave payouts.
Filed with the bill. Read it on nysenate.gov (opens in a new tab)
Passed one of the two chambers; it still needs the other.
Local Government · New York State Senate
Also referred to Local Governments · New York State Assembly.
The sponsor's argument
Current law generally requires these costs to be paid in the year incurred, which can create significant fiscal pressure on local budgets. This bill authorizes the Village to amortize such costs over time, allowing for more stable budget planning and better alignment between upfront expenditures and long-term savings derived from personnel cost reductions. Providing this financing flexibility will assist the Village in responsibly managing its fiscal affairs while pursuing cost-saving workforce strategies.
This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.
NY SenateJun 4, 2026Result: passed
In committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
NY Senate
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
Ordered to Third Reading CAL.1769
ORDERED TO THIRD READING CAL.1769
NY Senate
Passed a chamber
PASSED SENATE
NY Senate
Referred to committee
REFERRED TO LOCAL GOVERNMENTS
NY Assembly
Amend (t) and Recommit to Local Governments
AMEND (T) AND RECOMMIT TO LOCAL GOVERNMENTS
NY Assembly
Referred to committee
REFERRED TO LOCAL GOVERNMENT
NY Senate
Referred to committee
REFERRED TO LOCAL GOVERNMENTS
NY Assembly