For Release — May 1, 2018
Business Council statement on Assembly’s passage of bill dramatically expanding prevailing wage
ALBANY, N.Y.—“It is unfortunate this bill continues to be mischaracterized. It is a dramatic change in the state’s prevailing wage law, and in effect, mandates union wage and benefit rates on private sector projects receiving any level of state or local economic development assistance. If enacted, the provisions of this bill would impose major cost increases which would significantly erode the benefits of state incentive programs. Those cost increases would lead to reductions in new investments and job creation, and would be especially damaging in upstate economic regions that are still struggling to recover jobs lost in the last recession.”
- This statement is attributed to Heather C. Briccetti, Esq., president and CEO of The Business Council of New York State, Inc.