News

11
Jun
1998
The Council is urging legislators to pass a bill to nullify a tax on the re-sale of electricity-a tax that is an unintended effect of the deregulation of New York's electricity markets. The sale of electricity is now subject to a one-time tax of .75 percent, said Kevin Lanahan, The Council's specialist in energy issues
10
Jun
1998
ALBANY — Thousands of jobs and millions of dollars in state and local tax revenues face an uncertain future if New York's state Legislature fails to pass legislation to allow mutual life insurance companies to change their corporate structure, the state's leading business organization said today
31
May
1998
The Public Policy Institute thanks Council members that gave to the PPI by buying "Inner Circle" tables at the Annual Dinner May 11: Anchor Glass Container Andersen Consulting Barry, Bette and Led Duke Bell Atlantic Consolidated Edison Inc. Corning Incorporated Couch White, Counselors & Attorneys at Law Crane Consulting, LLC / Mercer Company Cygnus Management Group, LLC Ernst & Young LLP FMC Corporation Ford Motor Company HMO Council & Conference of New York IBM Joseph E
28
May
1998
A new program developed by the state Department of Environmental Conservation (DEC), The Business Council, and DMR Data, an Albany software firm, will speed the transfer of information between wastewater dischargers and the agencies that oversee the quality of New York State's waters
28
May
1998
The Business Council is urging lawmakers to guarantee employers the right to appeal their workers' compensation rate classification if they think it is wrong. The bill, which is sponsored by Assembly Majority Leader Michael Bragman and Senator Thomas Libous, would provide such a guarantee, said Stacey Hengsterman, The Business Council's specialist in workers' comp issues
28
May
1998
The state's excess dividends tax on holding company assets could nullify much of the benefit of the Public Service Commission's (PSC) ongoing deregulation of utilities, according to Kevin Lanahan, The Business Council's specialist in energy issues.Lanahan said The Business Council strongly supports a bill that would eliminate that tax
17
May
1998
Editors/reporters: Attached are tables showing the largest per-student tax increases and decreases for school districts in various size categories. For data on all districts in your region, contact The Public Policy Institute at the above number. ALBANY — More than 300 school districts in New York State raised per-student taxes by more than the inflation rate from 1995 to 1996, while 115 districts were able to reduce per-student tax collections, a new study by The Public Policy Institute shows
14
May
1998
The Business Council is waging a multi-front battle against proposals that would drive up health-care costs and make it harder for employers to afford health coverage for workers.At the urging of trial lawyers and other special interest groups, the Legislature is considering a number of anti-HMO bills
14
May
1998
Members interested in learning more about compensation of workers in many professions and industries are urged to participate in a major survey on this topic -and, by doing so, to receive a substantial discount on the comprehensive survey results. Compensation Data - New York is an annual pay and benefits survey sponsored by The Council and conducted by Compdata Surveys
12
May
1998
ALBANY — The Public Policy Institute reported today that merchandise exports from New York now total over $53 billion a year, up almost 30 percent in three years. Export-related production is the primary source of new jobs in the state's manufacturing sector—but this sector is not growing as rapidly as in most competitor states