New York's
infamous "death tax," a long-standing tax-cut priority of The Business
Council, expired this month.
In fact,
thanks to legislation effective February 1, New York's estate taxes are
now as low as any other state's-and less costly than those in states such
as Connecticut, New Jersey, Ohio and North Carolina
Debate is
continuing in Albany about proposals to increase Thruway tolls and to relieve
New York's counties of a huge unfunded mandate created by the new Health
Care Reform Act (HCRA).
A proposal
from the Thruway Authority would increase tolls 1.8 percent in June, and
allow future annual increases of up to 3 percent based on a 12-month average
of construction costs in 20 U
Governor Pataki's
30-day amendments to his original Executive Budget spell out how the state's
gross receipts tax (GRT) on energy would be phased out.
His plan would
eliminate the GRT on energy for manufacturers retroactive to Jan. 1. Manufacturers
would get a refundable tax credit on their corporate income taxes equal
to what they pay in the energy GRT
Governor Pataki said Wednesday that he will unveil amendments to his Executive Budget by Jan.
31 to accelerate budget negotiations and increase the chances of an on-time budget this year.
Each year, the Governor can amend the original Executive Budget for 30 days after it is released.
The Governor said he will release his amendments before that deadline
In separate initiative,
Council agrees to survey and advise employers on privacy
Attorney General
Eliot Spitzer has proposed new restrictions on the use and sale of personal
information about consumers.
He also announced
an "enforcement agenda" focusing on companies and organizations that violate
existing privacy laws or fail to conform to their stated policies on the
use of data
The Business Council
is asking the state Health Department to investigate why no standards for
evaluating hospitals and doctors have been produced since lawmakers allocated
money for that purpose in 1996.
With Business
Council support, the Health Care Reform Act (HCRA) of 1996 included funding
to develop quality-measurement tools to help consumers and employers evaluate
hospitals and doctors
Governor Pataki's
budget proposal contains significant changes to the state's "superfund" program,
including new enforcement provisions opposed by The Council, and it would
impose over $30 million in new fees on facilities that store petroleum and
generate hazardous wastes.
Overall, the
Governor's proposal would provide about $140 million annually for state-financed
cleanups of hazardous waste and hazardous substance disposal sites
Governor Pataki
announced Tuesday a proposed new state budget that would cut energy taxes
on manufacturers retroactive to January 1, provide other new tax cuts, restrain
the growth of state debt, and limit new spending.
"We're on the
right path - the path of limited government, controlled spending, lower
taxes, and more jobs," the Governor said in his budget address to the Legislature
Acknowledging
that school districts' tax increases may be soaking up property-tax relief
intended for homeowners, Governor Pataki has proposed that the state take
over the distribution of tax-relief payments and impose caps on school spending
increases.
The Governor
said the state will spend $2 billion in the next fiscal year to support
property-tax relief under the STAR program, which provides exemptions to
homeowners
Following is The Business Council's 2000 Legislative Program. It identifies legislative, regulatory, and administrative issues to be worked on by the Committees and Councils during the coming year.
**To view the text of any bill listed below, click here and enter the bill number and year.
Issue Areas:
Business Law / General Counsel
Construction
Consumer
Contract Procurement
E-Commerce
Economic Development
Education and Job Training
Energy
Environmental Conservation
Financial Services
General
Health
Insurance
Labor & Human Resources
Manufacturing
Occupational Safety & Health
Small Business
State Administrative Procedures Act (SAPA)
Taxation
Telecommunications
Transportation
Unemployment Compensation
Workers' Compensation
Overview:
Since the mid-1990's tax cuts, employee-benefit reforms and an improved attitude toward business have helped New York generate an economic recovery