News

18
Jul
2005
Despite ever-increasing public employee pension costs, lawmakers in New York have introduced “literally hundreds” of bills that would further increase government workers’ retirement benefits, according to a new analysis by the Manhattan Institute’s Empire Center
05
Jul
2005
New York’s workers’ compensation costs are already too high, and a proposal to significantly increase that burden highlights again the importance of enacting cost-cutting reforms to address the problem, The Business Council said in testimony submitted to the state Insurance Dept
29
Jun
2005
New York State is among the least economically free areas in North America, according to a new report by the National Center for Policy Analysis (NCPA) and the Fraser Institute of Canada. The report, Economic Freedom of North America, measured the economic freedom of all fifty states and 10 Canadian provinces in “an attempt to gauge the extent of the restrictions on economic freedom imposed by governments in North America
24
Jun
2005
With strong support from The Business Council, state legislators approved legislation that would extend and modify several New York Power Authority (NYPA) programs that provide reduced-rate power to eligible employers across the state
22
Jun
2005
The Business Council is strongly supporting legislation to extend and modify several New York Power Authority (NYPA) programs that provide reduced-rate power to eligible employers across the state. "Electric power costs continue to be a significant competitiveness issue for New York State businesses, and especially for manufacturers," the Council said in a legislative memo supporting the bill
16
Jun
2005
The Business Council is part of a broad coalition of interest groups that developed legislation to require hospitals to track and report incidences of hospital patients contracting infections while hospitalized. The Council and other interest groups have been working with the chairs of the legislative health committees, state Sen
15
Jun
2005
The Council is opposing a bill (A.2517-B/DiNapoli) that would expand the state’s bottle bill to cover most beverage containers, and “capture” the larger volume of unclaimed bottle deposits to finance new state spending. The bill effectively imposes an additional tax of $40 million a year or more on New York State consumers in the form of increased unclaimed bottle deposits, the Council argued in a memo opposing the bill
14
Jun
2005
The early-June heat wave last week stretched the state's ’s electricity-generating capacity to its upper limits, reinforcing the need for more generating capacity in New York and a new law to expedite the process by which power plants are sited. By mid-afternoon on June 13, New York State was consuming nearly 30,000 megawatts of electricity, close to the state’s record high consumption of 30,983, said Anne Van Buren, director of energy and telecommunications
13
Jun
2005
The proposed constitutional amendment to “reform” the budget process is a serious threat to the stable operation of New York’s state government and to its taxpayers, David F. Shaffer, president of the Public Policy Institute, argued at a Rockefeller Institute forum on the proposal
06
Jun
2005
Providing and sustaining drug coverage for retired beneficiaries will be the main topic at a Council-sponsored prescription drug conference June 14 at the Crowne Plaza Hotel in Albany. The Council is co-sponsoring the half-day conference with the Centers for Medicare and Medicaid Services (CMS)