2003 LEGISLATIVE PROGRAM
New York City Recovery Program
Following is The Business Council's 2003 Legislative Program. It identifies priority issues to be addressed by the Committees and Councils during 2003.
financial incentives to help retain in New York State those businesses
directly affected by the 9/11 terrorist attacks, with enhanced incentives
for retaining businesses in the lower Manhattan business district.
assistance to replace and improve public infrastructure damaged by the
9/11 terrorist attack, including public transportation infrastructure,
with the goal of promoting both redevelopment and expanded economic
activity in lower Manhattan.
full recovery of expenses incurred by PSC-regulated entities in response
to the 9/11 terrorist attacks, including costs related to provision
of emergency utility service, site cleanup, personnel expenses and the
replacement of buildings, facilities and equipment, as well as costs
necessary to enhance the security of utility services.
state assistance targeting small businesses in lower Manhattan, including
flexible capital financing, modified state procurement practices, and
efforts of NYC2012 Committee to bring the Olympic games to NYC.
- Support legislation creating an additional Certified Capital Company Program (CAPCO) for insurance companies that make new investments in lower Manhattan.