News

24
Feb
2004
The Assembly Labor Committee split along party lines in voting on moving a new union-backed bill that would substantially increase workers' compensation benefits without introducing any much-needed reforms. In a Feb
24
Feb
2004
The state Senate majority has proposed creating a health insurance tax credit that would help many businesses with 50 or fewer employees provide health insurance for their employees. The tax credit is the centerpiece of what the Republican majority called "a comprehensive plan to make health insurance more affordable and to provide coverage for hundreds of thousands of New Yorkers who are now uninsured
24
Feb
2004
Businesses in New Jersey, still recovering from huge corporate tax increases in 2002, will pay about $325 million more in business taxes under the 2005 state budget, according to a new report by the New Jersey Business and Industry Association (NJBIA)
23
Feb
2004
ALBANY—Twenty-four New York State elementary schools in all parts of the state will receive the highest honor given to schools by New York State's private sector: the 2004 Pathfinder Award. The Business Council gives this award each year to honor schools that show marked improvement from one year to the next on students' standardized test scores
18
Feb
2004
The Business Council has launched a new Web-based electronic-advocacy campaign to show lawmakers the strong statewide support for cost-cutting workers' compensation reform. The Council launched the initiative Feb
18
Feb
2004
Governor Pataki this week hinted that the best way to keep jobs in New York is to improve the state's business climate, not penalize companies that move jobs. "Obviously we have to fight for every single job, and we're working to do that by lowering the burden on the state's manufacturers so they can compete, creating new tools like Empire Zones, and innovating through our centers of excellence," Governor Pataki said Feb
18
Feb
2004
Providing the additional $7 billion in school spending that advocates argue is necessary to provide New York's students with a "sound basic education," would require lawmakers to enact the largest tax increase in the history of the state and lose tens of thousands of jobs, according a new report by the Manhattan Institute
17
Feb
2004
Developers of the Millennium pipeline project have announced a two-stage plan that will supply more natural gas to peak demand areas of New York. “The new plan will provide much-needed energy to New Yorkers,” said Johnny Evers, The Council's energy analyst
13
Feb
2004
A new union-backed workers’ compensation bill would raise compensation benefits without enacting necessary reforms, according to Elliott Shaw, The Business Council’s director of government affairs. “This bill not only raises employers’ cost by hiking benefits, it also encourages more litigation by employees and allows the unions to choose an employer’s workers’ comp carrier,” Shaw said
13
Feb
2004
The budget Governor Pataki and the Legislature enact this year must break the pattern of recent years and be "cautious with its expenditures," according to a new report by state Comptroller Alan Hevesi. The report, which critiqued the Governor's 2004-05 executive budget proposal, warned that some revenues assumed in the proposal may not materialize and spending continues to rise faster than revenues