“Businesses cannot continue to shoulder the burden of tax increases when the state or public authorities have budgetary problems. The MTA and the state need to consider a fairer approach to funding, one that raises revenues more broadly, including from those who regularly utilize the system. Continually raising taxes on businesses prevents economic competitiveness and lowers affordability in a state already ranked at the bottom in both categories
The Business Council and nine pro-business groups sent a letter to the New York State Congressional Delegation, on Monday, solidifying our support for the Bipartisan CHIPS and Science Act.
You can read the full letter here.
ALBANY – A York University professor, with expertise in economic and municipal recycling program studies, recently found unrealistic and overstated cost savings and benefit projections in New York State’s proposed Packaging Reduction and Recycling Infrastructure Act bill.
“Economic theory and practical experience suggest that these costs [imposed by the proposed Packaging Reduction and Recycling Infrastructure Act’] will not be absorbed by producers alone
Joint Statement Regarding New York’s Unemployment Insurance Fund Debt
ALBANY – Following the Fiscal Policy Institute’s recent report that New York State ended its 2025 fiscal year with $6 billion in higher-than-projected receipts, pro-business groups are urging the legislature to address the state’s lingering UI debt
The Business Council of New York State, Inc., on Tuesday, delivered a legislative memo in support of the "Affordable Waste Reduction Act" (S.5062 (Martinez)/A.6191 (Jackson)) on behalf of nearly 40 businesses and business associations from across the state, as well as various national groups
"Manufacturing drives New York’s economy to the tune of $85 billion in products produced annually, with $76 billion worth of goods exported to diverse markets worldwide. Across the board tariffs risk raising both production and consumer costs unnecessarily. The Business Council will continue its advocacy work with state and federal partners to highlight the impacts tariffs have on our workforce and consumers
This week, The Business Council sent a letter to Governor Kathy Hochul urging her to include increased funding for the New York State Child Care Assistance Program (CCAP) in the Final FY 2025 State Budget. The Business Council believes increasing funding will demonstrate New York’s commitment to working families and to a stronger, more equitable economy for all
The Business Council and two dozen pro-business groups sent a letter to legislative leaders asking them to consider committing general funds to the state's lingering Unemployment Insurance (UI) debt. Part of the letter reads, "We, the undersigned organizations representing tens of thousands of businesses of all sectors and sizes across New York, write to support the Assembly’s proposal to devote $7 billion to pay off the state’s outstanding federal unemployment insurance program loan and help restore the financial stability of the state’s UI fund
“More taxes on private-sector businesses cannot be the solution to addressing the MTA’s ongoing budget issues. The businesses that have chosen to stay have to balance their own budgets while facing routine rate, fee, and tax hikes from a state government that regularly increases spending year after year
The Business Council and 18 pro-business groups recently sent a letter in opposition to the sponsors of The “Home Energy Affordable Transition” (HEAT) Act bill. While our group continues to support efforts to respond to climate change and reduce greenhouse gas emissions, including increased energy efficiency and expanded renewable generation, among other approaches, we are increasingly focused on assuring that New York’s transition to a lower GHG emission economy is workable, affordable, and avoids imposing significant adverse impacts on the state’s economy, individual businesses, and residents