Repeals section 581-d of the labor law relating to the interest assessment surcharge

S 4681 would repeal Section 581-d of New York's Labor Law, which required an interest assessment surcharge. This surcharge was a fee added to interest payments under labor law enforcement, likely affecting employers or workers involved in cases involving unpaid wages or penalties. The bill eliminates this specific fee from the law, removing a financial obligation previously applied to certain interest assessments. The repeal would directly impact entities subject to labor law interest assessments where this surcharge was enforced.