News

16
Feb
2000
Any Superfund refinancing and brownfield reform should emphasize appropriate cleanup standards, fair funding, and reformed liability limits for parties that clean sites, The Business Council has told legislative leaders. In a Feb. 15 letter to lawmakers on environmental proposals in the Executive Budget, Ken Pokalsky, The Council's director of environmental and regulatory programs, argued that: Cleanup standards should reflect the planned use of the site
15
Feb
2000
ALBANY - New York State lawmakers should continue nurturing New York's economic recovery by further reducing New York's tax burden, especially by eliminating the gross receipts tax (GRT) on energy, Business Council President Daniel B. Walsh said in testimony to be delivered Tuesday in a hearing on economic development
15
Feb
2000
Senate Finance Committee  and Assembly Ways and Means Committee Chairman Stafford, Chairman Farrell, and honorable members of the committees: Two weeks ago, the Legislature delivered an early Valentine's Day message to an important group of New Yorkers. It was a message that said New York loves you, and we want you to stay here
04
Feb
2000
Syracuse University Press has launched an ambitious effort to produce The Encylopedia of New York State-the first reference work of its kind to be published in more than 50 years. The publishers say their purpose is to produce an "informational Erie Canal," to bind the state together and show the linkages among all regions and all peoples of the state
04
Feb
2000
The Business Council has analyzed tax-related proposals in Governor Pataki's 2000-2001 Executive Budget. The four-page summary was prepared by Rich Schwarz, The Council's expert in state taxation. It analyzes proposals related to: The alcoholic beverage tax
04
Feb
2000
Some 92 percent of New York State's high-school seniors have passed a tough new English Regents test they must successfully take before graduating. "This shows that our students can meet this challenge, and that it's unwise, unnecessary, and unfair to them to relax or postpone the standards," said Margarita Mayo, The Business Council's education specialist
04
Feb
2000
New York's infamous "death tax," a long-standing tax-cut priority of The Business Council, expired this month. In fact, thanks to legislation effective February 1, New York's estate taxes are now as low as any other state's-and less costly than those in states such as Connecticut, New Jersey, Ohio and North Carolina
03
Feb
2000
Debate is continuing in Albany about proposals to increase Thruway tolls and to relieve New York's counties of a huge unfunded mandate created by the new Health Care Reform Act (HCRA). A proposal from the Thruway Authority would increase tolls 1.8 percent in June, and allow future annual increases of up to 3 percent based on a 12-month average of construction costs in 20 U
03
Feb
2000
Governor Pataki's 30-day amendments to his original Executive Budget spell out how the state's gross receipts tax (GRT) on energy would be phased out. His plan would eliminate the GRT on energy for manufacturers retroactive to Jan. 1. Manufacturers would get a refundable tax credit on their corporate income taxes equal to what they pay in the energy GRT
26
Jan
2000
Governor Pataki said Wednesday that he will unveil amendments to his Executive Budget by Jan. 31 to accelerate budget negotiations and increase the chances of an on-time budget this year. Each year, the Governor can amend the original Executive Budget for 30 days after it is released. The Governor said he will release his amendments before that deadline