News

29
Feb
2000
Senate Majority Leader Joseph Bruno today proposed new tax cuts worth $1.7 billion. His package includes repeal of the state's gross receipts tax (GRT) on energy, other key business-tax cuts, and a new $1,000 exemption on personal income tax for all taxpayers. Nearly $1
29
Feb
2000
ALBANY — Senator Bruno's leap-year proposal could mean a giant leap forward for New York's economy. New York's surplus came from the bottom lines and household budgets of New York taxpayers. We agree with Senator Bruno that returning those dollars to taxpayers is the best use of that surplus, and we applaud his creative and strategic proposals for doing that
16
Feb
2000
Assembly Minority Leader John Faso says the state Thruway Authority would need no toll hike if it gave responsibility for state canal operations back to the state. On Tuesday, Governor Pataki asked the Thruway Authority to reconsider its proposed toll increase. "The Governor has asked us to look at alternatives to toll increases to fund vital capital projects on the Thruway, and we are doing so," Thruway Authority Chairman Lou Tomson said
16
Feb
2000
Bill addresses labor concern and preserves key '98 reforms that save business millions Governor Pataki has signed into law a bill that modifies the state's 18-month-old unemployment insurance (UI) system while preserving key elements of the historic UI reforms of 1998
16
Feb
2000
Any Superfund refinancing and brownfield reform should emphasize appropriate cleanup standards, fair funding, and reformed liability limits for parties that clean sites, The Business Council has told legislative leaders. In a Feb. 15 letter to lawmakers on environmental proposals in the Executive Budget, Ken Pokalsky, The Council's director of environmental and regulatory programs, argued that: Cleanup standards should reflect the planned use of the site
15
Feb
2000
ALBANY - New York State lawmakers should continue nurturing New York's economic recovery by further reducing New York's tax burden, especially by eliminating the gross receipts tax (GRT) on energy, Business Council President Daniel B. Walsh said in testimony to be delivered Tuesday in a hearing on economic development
15
Feb
2000
Senate Finance Committee  and Assembly Ways and Means Committee Chairman Stafford, Chairman Farrell, and honorable members of the committees: Two weeks ago, the Legislature delivered an early Valentine's Day message to an important group of New Yorkers. It was a message that said New York loves you, and we want you to stay here
04
Feb
2000
Syracuse University Press has launched an ambitious effort to produce The Encylopedia of New York State-the first reference work of its kind to be published in more than 50 years. The publishers say their purpose is to produce an "informational Erie Canal," to bind the state together and show the linkages among all regions and all peoples of the state
04
Feb
2000
The Business Council has analyzed tax-related proposals in Governor Pataki's 2000-2001 Executive Budget. The four-page summary was prepared by Rich Schwarz, The Council's expert in state taxation. It analyzes proposals related to: The alcoholic beverage tax
04
Feb
2000
Some 92 percent of New York State's high-school seniors have passed a tough new English Regents test they must successfully take before graduating. "This shows that our students can meet this challenge, and that it's unwise, unnecessary, and unfair to them to relax or postpone the standards," said Margarita Mayo, The Business Council's education specialist