New York A09452 prohibits employers from requiring employees to sign promissory notes for training reimbursement.

New York A09452 amends the labor law to prohibit employers from requiring employees to sign promissory notes for training reimbursement. These notes are deemed unconscionable and unenforceable. The law allows repayment agreements for training costs if they meet specific criteria, such as being separate from employment contracts and not requiring the training as a condition of employment. The act also defines "transferable credential" and specifies when such agreements are permissible. The provisions take effect one year after the law's enactment.

New York A09452 prohibits employers from requiring employees to sign promissory notes for training reimbursement.

New York A09452 amends the labor law to prohibit employers from requiring employees to sign promissory notes for training reimbursement. These notes are deemed unconscionable and unenforceable. The law allows repayment agreements for training costs if they meet specific criteria, such as being separate from employment contracts and not requiring the training as a condition of employment. The act also defines "transferable credential" and specifies when such agreements are permissible. The provisions take effect one year after the law's enactment.