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2006 ECONOMIC DEVELOPMENT LEGISLATIVE PROGRAM

Following is The Business Council's 2006 Legislative Program. It identifies priority issues to be addressed by the Committees and Councils during 2006.

Staff Contact: Ken Pokalsky

  • Adopt broad-based reform measures, as detailed under other Legislative Program headings, that will produce a more competitive economic climate in New York State. These include, but are not limited to: business tax reforms;workers' compensation reform; reducing the cost of health care; reducing the cost of, and assuring the supply of, electric power and natural gas.

  • Reform, integrate and extend existing state electric power programs, including Power for Jobs and the Economic Development, High Load Factor and MDA power programs, with a focus on energy-intensive business sectors, and with criteria including but not limited to job retention, capital investments, improvements in efficiencies, and others.

  • Expedite full implementation of the NYS Foundation for Science, Technology and Innovation and its Regional Partnership Program - as authorized in Chapter 59, Laws of 2005.

  • Explore additional opportunities to support region-based economic development efforts.

  • Support creation of a refundable state credit for real property taxes (similar to the Empire Zone RPT benefit) that would apply statewide to manufacturers making significant capital investments for the purpose of improving their productivity and competitiveness and retaining existing employment.

  • Promote creation of broad business tax credits for energy efficiency investments, including but not limited to investments in new process equipment, systems, heating/cooling/insulation, lighting, on and off road vehicles, transportation activities and others.

  • Support legislation to adopt a "prudent investor standard" for the New York State Common Retirement Fund (CRF), in part to facilitate additional CRF investments in their alternative investment portfolio/private equity investments.

  • Support full funding of key Empire State Development Corporation programs, including but not limited to: "Jobs Now," Empire State Economic Development Fund, Regional Technology Development Centers, and business marketing programs.

  • Support increased state support for incumbent worker training and training programs that target employer needs.

  • Support legislation that would further promote the in-state commercialization of technologies developed through New York's university-based technology investment programs.

  • Oppose legislation that imposes either excessive expansion of, or places undue restrictions on, the use of eminent domain authority for economic development purposes.

  • Support the development and adoption of reasonable land use and development planning initiatives. Oppose legislation which restricts economic growth in New York under the guise of promoting "smart growth."

Click here for the 2006 Legislative Program for all Issue areas.

   


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