Archive Financial Services Council

Staff Contact: Marcus Ferguson

Committee Updates

• Tort Reform to Cut Budget Deficit and Create Jobs, December 3, 2010
  
  
• Report to the Superintendent of Insurance - Insurance Filings Modernization Initiative, December 2, 2010
  
  
• Unions Drop $200K for Passage of Martin Act, October 21, 2010
• Punishing Street: a Pyrrhic Victory, (Op-ed Crain's New York Business, May 10, 2010)
  
• February 9, 2010
  - 1199 SEIU Launches Banker Bonu$ Tax Campaign
  - Tell Albany To Support Fiscal Reform!
  
  
• Business Council President/CEO Kenneth Adams urges NY Congressional Delegation to oppose "Financial Crisis Responsibility Fee" 1/26/2010
  
  
• Business Council/LICONY/NAIFA/AARP Push Senate to Act on Life Settlement Bill, Alert September 8, 2009
  
  
• Alert - June 16, 2009
  - Council Lobbies in Opposition to Martin Act Expansion Bill
  - Stop the Lawyer Tax Coalition Launches Statewide Media/Grassroots Campaign
  - Texas Tort Victories
  
  
• NYS Remote Shareholder Bill – A.1567/S.5793 (06/15/09)

NEWS

• With Pension Costs Spiraling Out Of Control, A Variety Of Fixes Emerges
• Punishing Street: a Pyrrhic Victory, (Op-ed Crain's New York Business, May 10, 2010)
• Schneiderman's fraud bill blasted as anti-Wall Street (New York Post, CARL CAMPANILE, September 21, 2010)
• Sallie Mae Appoints New Chairman, C.F.O. - The NY Times - 1/7/08
• JPMorgan Plans Asia Hiring Spree - The NY Times - 1/7/08
• Urgently, Washington Responds to Fast-Spreading Market Turbulence – (NY Times) (1.23.08)

REPORTS

• Report to the Superintendent of Insurance - Insurance Filings Modernization Initiative, December 2, 2010
• Derailing New York's Economic Engine
  How Albany Punishes New York’s Largest Industry 

  Public Policy Institute Report (March 2010)

• Sustaining New York’s and the US’ Global Financial Services Leadership

2009-2010 Legislative Memos

To search for Bill text click here

• SFY 2009-10 Executive Budget Part SS/Subpart A - Article VII (A.160-A / S.60-A), Oppose, Sales Tax Data Matching Program
  
• S.717 (C. Johnson) / A.4319 (Weisenberg), Oppose, Establishes the savings bank, savings and loan association or credit union municipal deposit program
• A.1005-C (Bing) / S.3635-B, Support, An act to amend the insurance law, in relation to revising the standards relating to the incorporation of stock or mutual insurance companies
• A.1567 ( Brodsky, Kavanaugh, Rosenthal) / S.5793 (Krueger), Requires certain corporations to permit shareholders to attend meetings via remote communication and to be deemed present for voting purposes
• S.4398-A (Schneiderman) / A.7558-A (Weinstein), Oppose, Reduces the statute of limitations on resolving consumer credit actions
• S.4770 (Breslin) / A.8543 (Morelle), Support, Employer Choice Group and Blanket Disability Policies
• S.5768 (Schneiderman) / A.8646 (Brodsky), Oppose, Expands the unlimited power of the Martin Act to significantly increase the legal exposure of the business community
• S.6236 (Diaz, Hassel-Thompson, Huntley, Onorato) / A.9439 (Crespo, Benjamin), Oppose, Imposes a fifty-percent franchise tax on business-owned life insurance benefits
• S.6954-C (Breslin) / A.9405-B (Morelle), Support, Abolishes the New York Board of Fire Underwriters
  
• A.7131-A (Morelle) / S.3655-A (Breslin), Support, Regulation of Life Settlement Business
• S.7220-A (Breslin) / A.10636-A (Morelle), Support, Foster Expansion of the Commercial Insurance Market in New York State
• A.9432 (Glick) / S.6307 (Stavisky, C. Johnson, Schneiderman), Support, CPA Mobility - Allows accountants licensed in other states to have practice privileges in New York State

2005-2006 LEGISLATIVE MEMOS

• S.5370-C / A.8025-C - Anti phishing legislation

2003-2004 LEGISLATIVE MEMOS

• A.9184-a/S.6517 - Notification of unauthorized acquisition of personal information