News

04
Mar
1999
Governor Pataki has created a new commission to study special funds in the state's workers' compensation system. The Business Council supports the creation of the commission and has been asked by the Governor to recommend one of the appointees to it, according to Stacey Hengsterman, The Council's specialist in workers' compensation issues
04
Mar
1999
ALBANY—The "tax gap" between New York and other states, the extra cost of taxes in the Empire State compared to the average for all states, is at its lowest level since 1982, new data from the U.S. Census Bureau show. And an analysis by The Public Policy Institute indicates the extra tax burden on New Yorkers will continue to shrink significantly as a result of additional tax cuts taking place in coming years
04
Mar
1999
Richard R. Shinn of MetLife, whose long record of civic involvement included a key role in the creation of The Business Council, died last month at the age of 81. Shinn began his career working in the mailroom at Metropolitan Life in 1939. He rose to become its CEO in 1973 and its chairman in 1980
24
Feb
1999
Chairman Stafford, Chairman Farrell, and honorable members of the committees: As you prepare to enact the budget that will take New York State into the year 2000, the Legislature can point with pride to the state's recent record. New York's economy is stronger than it's been in years
24
Feb
1999
ALBANY— New York State's tax code should be fundamentally restructured to turn a competitive disadvantage into "an advantage in the competition for jobs," Business Council President Daniel B. Walsh told key lawmakers today. Testifying before the Senate Finance and Assembly Ways and Means Committees, Walsh asked the Legislature to enact major new business tax cuts this year, and to go further in coming years
24
Feb
1999
Senate Majority Leader Joseph Bruno today released details on his "Jobs 2000" plan, a proposed investment of $262.5 million designed to create new high-tech jobs through investments in research, infrastructure, education, and workforce development. The so-called "J2K" plan would combine new and existing resources in four initiatives: the Education and Economic Development Act, the Employee Readiness Act (ERA), the Pipeline for Jobs Program, and an expansion of the state Institute of Entrepreneurship
18
Feb
1999
Paul Speranza, general counsel for Wegmans Food Markets Inc. and a member of The Business Council's Board of Directors, has been appointed Chairman of the U.S. Chamber of Commerce Taxation Committee. Last year, Speranza was named to the U.S. Chamber's Board of Directors representing The Business Council
18
Feb
1999
By Ed Reinfurt If we want to do something vital to improve New York's business climate, we should emulate our fourth-graders. That's right: Today, the New Yorkers making the most persuasive case for a more competitive New York in the 21st century may be our nine-year-olds
18
Feb
1999
Senator Dale Volker (R-Buffalo) Assemblyman Joe Morelle (D-Rochester), two of the Legislature's strongest supporters of civil justice reform, have introduced a comprehensive tort reform bill. The bill is backed by New Yorkers for Civil Justice Reform, a broad coalition of organizations representing big and small businesses, municipalities, physicians, architects and many others
18
Feb
1999
Assemblyman Joseph E. Robach (D-Rochester) has been named Chairman of the Legislative Commission on Skills Development and Career Education. The commission was created in 1986 to examine both public and private skills development and job training programs, and to evaluate vocational education programs