Issues: Banks

Testimony from May 21 public hearing on business and banking tax reform

On May 21, 2009, the Select Committee on Budget and Tax Reform held a public hearing in New York City to evaluate the equitability of New York State's business and banking tax structures and their effectiveness to foster economic growth statewide. The Select Committee heard oral testimony from 10 experts and collected written testimony from several other interested parties.

Below are links for the testimony that was submitted to the Select Committee. The Select Committee's staff will issue a report detailing the key findings and conclusions from the testimony.

File: 
Transcript of May 21, 2009 public hearing

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Testimony from James Parrot of the Fiscal Policy Institute

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Testimony from Peter Faber of The Partnership for New York City

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Testimony from Michael Smith of the New York Bankers Association

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Testimony from Matthew Gardner of the Institute on Taxation and Economic Policy

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Testimony from Angela Miele of the Motion Picture Association of America

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Testimony from Nancy Lancia of the Securities Industry and Financial Markets Association

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Handout from Nancy Lancia of the Securities Industry and Financial Markets Association

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Testimony from the Clearing House Association

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Testimony fron John Huddleston of the Multi State Commission

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Testimony from Nathan Newman of the Progressive States Network

May 22, 2009
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Media Advisory: Senate Holds Hearing on Corporate Franchise and Bank Tax Reform

For Immediate Release:  May 15, 2009Contact: Travis Proulx (W) 518.455.2415 (C) 518.729.8013

SENATE HOLDS HEARING ON CORPORATE FRANCHISE & BANK TAX REFORMTax Policy Experts, Progressive Taxation Advocates, Wall Street Leaders to Testify

May 18, 2009
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Public Hearing: Public Hearing on Corporate Franchise and Bank Tax Reform

Evaluating the equitability of New York State’s business and banking tax structures and their effectiveness to foster economic growth statewide

May 21, 12:30 PM - 5:30 PM
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Suffolk County News - Islip Bulletin: An Attempt to Create More Tax Relief

State Senators Seek to Restore STAR Rebate

By JEFFREY BESSEN

April 23, 2009 

April 22, 2009
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Banks

Related information
Custom Committee Members: 

<div class="view-content">
<div class="item-list">
<ul>
<li class="views-row views-row-1 views-row-odd views-row-first">
<div class="views-field-title"><a
href="http://www.nysenate.gov/senator/hugh-t-farley">Hugh T.
Farley (Vice-Chair)</a></div>
</li>
<li class="views-row views-row-1 views-row-odd views-row-first"><a
href="http://www.nysenate.gov/senator/tony-avella">Tony
Avella</a></li>
<li class="views-row views-row-2 views-row-even">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/john-j-bonacic">John
J. Bonacic</a></span> </div>
</li>
<li class="views-row views-row-3 views-row-odd">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/neil-d-breslin">Neil
D. Breslin</a></span> </div>
</li>
<li class="views-row views-row-4 views-row-even">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/john-defrancisco">John
A. DeFrancisco</a></span> </div>
</li>
<li class="views-row views-row-5 views-row-odd">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/hugh-t-farley">Ruben
Diaz</a></span></div>
</li>
<li class="views-row views-row-7 views-row-odd">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/terry-gipson">Terry
Gipson</a></span> </div>
</li>
<li class="views-row views-row-8 views-row-even">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/martin-j-golden">Martin
J. Golden</a></span> </div>
</li>
<li class="views-row views-row-9 views-row-odd">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/joseph-griffo">Joseph
A. Griffo</a></span></div>
</li>
<li class="views-row views-row-9 views-row-odd"><span
class="field-content"><a
href="http://www.nysenate.gov/senator/timothy-kennedy">Timothy
M. Kennedy</a><br>
</span></li>
<li class="views-row views-row-10 views-row-even">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/carl-l-marcellino">Carl
L Marcellino</a></span> </div>
</li>
<li class="views-row views-row-11 views-row-odd">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/kathleen-a-marchione">Kathleen
A. Marchione</a></span> </div>
</li>
<li class="views-row views-row-12 views-row-even">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/jack-m-martins">Jack
M. Martins</a></span> </div>
</li>
<li class="views-row views-row-13 views-row-odd">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/ted-obrien">Ted O'Brien</a></span>
</div>
</li>
<li class="views-row views-row-14 views-row-even">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/thomas-f-omara">Thomas
F. O'Mara</a></span> </div>
</li>
<li class="views-row views-row-15 views-row-odd">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/kevin-s-parker">Kevin
S. Parker</a></span> </div>
</li>
<li class="views-row views-row-16 views-row-even">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/michael-h-ranzenhofer">Michael
H. Ranzenhofer</a></span> </div>
</li>
<li class="views-row views-row-17 views-row-odd">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/james-sanders-jr">James
Sanders Jr.</a></span><span class="field-content"></span></div>
</li>
<li class="views-row views-row-18 views-row-even views-row-last">
<div class="views-field-title"> <span
class="field-content"><a
href="http://www.nysenate.gov/senator/david-j-valesky">David
J. Valesky</a></span> </div>
</li>
</ul>
</div>
</div>

March 12, 2009
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