News

11
Jun
1998
Thousands of jobs and millions of dollars in state and local tax revenues face an uncertain future unless lawmakers pass a bill to let mutual life insurance companies change their corporate structure, the Council said Wednesday. Unless lawmakers pass this bill, New York's mutual life companies will have strong incentives to create new jobs and to move existing ones out of state, said Business Council President Daniel B
11
Jun
1998
A bill that would mandate "mental health parity" in employee health benefits in New York will be discussed at the next meeting of The Business Council's Labor and Human Resources Committee.The meeting will take place from 10 a.m.-3 p.m. Wednesday, June 24 at Business Council headquarters in Albany
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
11
Jun
1998
As the Legislative session nears an adjournment scheduled for June 18, The Council is sustaining its efforts to convince lawmakers to reject a bill that would expand HMO liability. The bill would impose a new and higher liability standard for decisions that arise from a health-care contract, said Elliott A
11
Jun
1998
The Business Council has asked its members to join the call for tort reform to curtail New York's out-of-control lawsuit industry-and members are responding in significant numbers. Business Council President Daniel B. Walsh urged over 1,200 manufacturing members to write to lawmakers urging them to support tort reform and to reject proposals to expand liability
11
Jun
1998
Robert Tarnow, a founder of The Business Council and a longtime executive of Goulds Pumps in Seneca Falls, died on June 2. Tarnow expanded Goulds Pumps into the global marketplace and increased its revenues more than 12-fold during his tenure as its president, chief executive officer and chairman
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
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