News

20
Aug
1999
In a significant win for business, Governor Pataki and legislative leaders have agreed to clarify how the state will approve or reject proposed new power-plant sites. The Council had urged lawmakers to close a gap in a 1992 state law designed to create "one-stop shopping" for entities seeking approval for new plants
20
Aug
1999
Governor Pataki's program designed to pre-permit sites for a wide range of business uses, BUILD NOW-NY, is going on the road this fall. The Governor's Office of Regulatory Reform (GORR) will host four full-day seminars statewide to inform economic development agencies and site owners of the opportunities available under the program
22
Jul
1999
As lawmakers apparently neared agreement on a state budget, The Business Council began its final push to convince lawmakers to include new tax cuts in the budget. "Tax cuts these last few years have helped New York's economy a great deal, and we need to keep them coming," said Business Council President Daniel B
22
Jul
1999
The Business Council Insurance Fund's dental insurance program has more than doubled in size in the last four years, thanks to competitive rates, consistently good experience, and reliance on a well-respected carrier. Four years ago, the Insurance Fund handled less than $2 million in dental coverage each year
22
Jul
1999
Paul Speranza, general counsel for Wegmans' Food Markets Inc. and chairman of the U.S. Chamber of Commerce Taxation Committee, testified recently before the House Committee on Ways and Means on federal estate and gift tax reform. In his testimony, Speranza outlined the negative effects of federal estate and gift taxes on the upstate economy
22
Jul
1999
Although the state Insurance Department has rejected a proposed increase in workers' compensation rates, the fact that such a large increase was requested confirms the need for further workers' comp reform, said Business Council President Daniel B. Walsh. The New York Compensation Insurance Rating Board had proposed a rate increase of 12
22
Jul
1999
The state Department of Taxation and Finance is increasing its focus on taxpayer service, and is making investments in staff development and technology to make this cultural change possible, the commissioner of the department told The Business Council recently
22
Jul
1999
The state's Task Force on Independent Contractors has recommended creation of three new panels through which business, labor and state agencies would work to determine when a worker is an independent contractors as opposed to an employee. In a report to the Governor earlier this month, the task force recommended creation of a state Commission on Independent Contractors, a labor-management council and a certification board
22
Jul
1999
The Business Council has joined a new coalition of utilities, construction firms and energy companies that is urging lawmakers to clarify how proposed power plant sites will be approved or rejected by the state. The GAINS Coalition sent a memo to the legislative leaders July 21 urging them to close a "jurisdictional gap" in a 1992 state law that was designed to facilitate the siting of such plants
14
Jul
1999
Bulletin #19: July 14, 1999 We can't leave banks and insurers out of coming tax cuts More than 99 percent of incorporated businesses in New York will see their state tax rate decline in the coming year. The business tax reductions enacted last year, thanks primarily to the leadership of Senate Majority Leader Bruno, will cut taxes for some 500,000 employers