News

09
May
2002
Arthur Roth, commissioner of the state Department of Taxation and Finance, will keynote The Council's annual Conference on State Taxation, which is set for June 18-20 in Saratoga Springs. Roth will speak during a dinner that is set for Wednesday, June 19
08
May
2002
Editor's note: For a PDF file of tables showing proposed tax and spending increases in individual school districts in New York State, see www.ppinys.org/taxes/school02/2002schooltax2.PDF. To see the same tables in HTML format, visit www.ppinys.org/taxes/school02/counties_a-f.htm. ALBANY—School districts across New York State would spend an average of $12,888 per student in 2002-03, an increase of 3
01
May
2002
How the terrorism of Sept. 11 has affected employers will be one focus of The Business Council's annual seminar series on labor and employment law at four locations around the state in June. These one-day seminars are scheduled for Buffalo (June 10), Waterloo (June 11), Albany (June 12), and Poughkeepsie (June 13)
25
Apr
2002
A federal tax reform that gives businesses a bonus depreciation allowance for certain assets will also save New York businesses on their state taxes because state policy is linked with the federal code and will not "decouple," Governor Pataki has told central New York manufacturers
25
Apr
2002
IBM was ranked Top Corporate Citizen of the year by Business Ethics magazine's "Corporate Social Responsibility Report." The publication's annual listing of the 100 Best Corporate Citizens, which was released April 24, is based on a quantitative measure of 650 public companies' corporate service to seven stakeholder groups, including employees, customers, the community, stockholders, the environment, and overseas stakeholders
23
Apr
2002
New York State's out-of-control lawsuit industry has grown in recent years, putting the state "on a collision course with a crisis over liability," Business Council President Daniel B. Walsh warned today. At a Capitol press conference Walsh renewed The Council's calls for sweeping tort reform to emphasize appropriate compensation for victims, not the interest of trial lawyers
18
Apr
2002
New York's annual cleanup expenditures far exceed that of most states, and New York's existing hazardous waste-related fees greatly exceed the superfund-related business fees imposed in virtually every other state, a state-by-state analysis environmental spending shows
17
Apr
2002
Saying that economic development is the Senate's top budget priority, the Senate Majority today proposed a $400 million expansion of the state's Empire Zone program. The investment would create 40 new Empire Zones, meaning that every county in the state would have a zone, the Senate said in a release
16
Apr
2002
New York State should make the investment tax credit (ITC) for its securities industry permanent to help this industry recover from job losses in 2001, The Business Council has told lawmakers. New York's ITC for the financial sector is due to expire in September 2003
10
Apr
2002
The Business Council has asked a federal appeals court to let The Council join litigation between an environmental advocacy group and the U.S. Environmental Protection Agency (EPA) related to how New York regulates air emissions from large industrial and utility sources