Vote Smart's Synopsis:

Vote to pass a bill that establishes the No Severance Ultimatums Act, which prohibits employers from giving coercive ultimatums to employees relating to severance in New York.

Highlights:

• Establishes the No Severance Ultimatums Act in New York (Sec. 1).

• Expands the labor law to prohibit employers from giving coercive ultimatums to employees or former employees regarding their severance from employment (Sec. 2). 

• Requires employers to notify an employee or former employee of their right to consult an attorney regarding the severance agreement (Sec. 2). 

• Requires employers to provide an employee with at least 21 business days to consider the severance agreement (Sec. 2). 

• Specifies that an employee may revoke the agreement within a period of 7 days (Sec. 2).

• Prohibits the agreement from becoming effective or enforceable until the revocation period has expired (Sec. 2). 

• Specifies that the provisions of this bill shall not apply to agreements negotiated in accordance with a collective bargaining agreement (Sec. 2). 

• Specifies that the provisions of this bill shall take effect immediately upon passage (Sec. 3). 

Full Bill Text