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Government Affairs Albany Update

May 12, 2006

Fair Share Health Care Worksheet

In response to the Fair Share Health Care Fund Bill, S.7090 (Spano) / A.10583 (Gottfried et.al.), The Business Council has prepared and distributed a worksheet that can be used by an organization to calculate the financial impact of this bill.

The initial data indicates that based on an employer's size, tens and hundreds of thousands of dollars are being left in the fund after the employer has provided health insurance to employees. We are viewing this as simply another new tax on New York State employers.