News

31
Jan
2024
  Civic Hall and The Business Council of New York State Announce Strategic Partnership Civic Hall, the pioneering hub for innovation and training in New York’s tech ecosystem, is pleased to announce a strategic partnership with The Business Council of New York State, the state’s foremost advocate for businesses
19
Jan
2024
  Unemployment Insurance Debt Clock Reaches 1,095 Days, Three Years of No Action Taken by New York State Fiscal Burden on State’s Employers Growing ALBANY – One thousand ninety-five days, three full years, have passed without New York State officials addressing the state’s Unemployment Insurance (UI) debt bill
16
Jan
2024
  Statement on Governor Hochul’s Budget Proposal “We commend the Governor on her 2024-2025 Budget proposal, a presentation that should be applauded on many levels. During her time in office, the governor has been able to balance budgets without raising personal and business taxes, a critical move for the continued growth of our economy
10
Jan
2024
  “Today, environmental groups are again calling for an expanded and more expensive bottle deposit law in New York State. The Business Council opposes such legislation for a number of reasons, outlined in our recent memo in opposition. From a business perspective, we see this bill running contrary to the “affordability” theme being raised by the governor and legislative leaders, as this legislation imposes additional costs on consumers, with a disproportionate impact on low-income consumers
09
Jan
2024
  “We commend the Governor for what appears to be a goal of holding the line on taxes in the upcoming year and proposing an agenda focused on affordability. Any efforts to make New York more affordable should consider the challenges facing businesses throughout New York State, including mandated leave policies, unaddressed Unemployment Insurance debt, and rising workers’ compensation policies
04
Jan
2024
  “We would like to see a measured approach to expanding Paid Family Leave (PFL) policies before implementing more burdens. Eliminating barriers already in place, beginning with the extended COVID sick leave policy in which New York is the only state remaining to mandate such a program, will make it more manageable for businesses to adjust to anything new the state implements moving forward
12
Dec
2023
  The Business Council Applauds Signing of the CPA Ownership Legislation  New Law Will Expand Private Sector Business Activity and Generate Millions in Taxable Income ALBANY – The Business Council of New York State Inc., on Tuesday, applauded Governor Hochul’s approval of legislation allowing public accounting firms to organize in New York State with a “simple majority” of ownership by CPAs
16
Nov
2023
  Statement On Governor Hochul Signing Clean Slate Legislation "We are pleased this common-sense legislation is now law. Many of The Business Council's members have long supported second-chance initiatives committed to reducing barriers for the formerly incarcerated. This bill allows our state’s economy to grow by giving people from historically marginalized communities a new opportunity and our employers, who are struggling to hire new talent, access to a larger pool of individuals ready to work
02
Nov
2023
  The Business Council of New York State, Inc. Launches  National Civics Bee   New York State middle school students will test their civics knowledge and compete for national title (Albany, NY) — New York middle school students will have the opportunity to compete in the National Civics Bee for the first time during the 2023-2024 school year
30
Oct
2023
  Report: Finance Industry Hampered by New York’s Continued Population Decline, Out-Migration, and Stagnation Trends  Decline Began Pre-Pandemic, Accelerated During Shutdowns & Policy Changes ALBANY – The Business Council of New York State, along with the Securities Industry and Financial Markets Association (SIFMA) and the New York Bankers Association (NYBA), recently supported an independent report on the financial services sector in New York State and the impact it has on the economy