New York Assembly Bill A04760 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 4760 2023-2024 Regular Sessions  IN ASSEMBLY February 23, 2023 ___________ Introduced by M. of A. MCGOWAN -- read once and referred to the Commit- tee on Education AN ACT to amend the education law, in relation to prohibiting certain payments and benefits made to administrators The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The education law is amended by adding a new section 115 to 2 read as follows: 3 § 115. Termination payments to contracted administrators prohibited. 4 No administrator employed through an individual contract with a school 5 district or the state university of New York shall receive any addi- 6 tional payout, bonus renumeration, or benefits, including paid leaves or 7 guaranteed faculty positions, upon the termination of such contract. 8 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09427-01-3