2003 LEGISLATIVE PROGRAM
Following is The Business Council's 2003 Legislative Program. It identifies priority issues to be addressed by the Committees and Councils during 2003.
creation of a refundable state credit for real property taxes for manufacturers
making capital investments for the purpose of improving their productivity
and competitiveness and retaining existing employment. Modeled on the
existing Empire Zone RPT credit, this credit would be available to manufacturers
statewide, not just within designated zones.
amendments to the Empire Zone program that assures continued eligibility
of businesses with multiple facilities in New York, when such businesses
make significant capital investments within a zone.
- Repeal the state Bond Issuance Charge imposed last year on bond issued by local Industrial Development Agencies.
- Support creation of additional Empire Zones, with
priority given to counties that have not received any zone designations;
Support creation of "statewide" zone acreage that can be used to given
EZ benefits to projects outside of municipally designated Empire Zones.
- Support legislation that would promote the in-state
commercialization of technologies developed through New York's various
technology investment programs.
- Support economic development incentives that are targeted
to the cleanup and redevelopment of privately-owned brownfield sites.
- 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
- Support increased funding for 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 the expansion of the state investment tax credit for telecommunication equipment.