Issues: Corporations

Senator Squadron, Speaker Silver, Secretary of State Perales Welcome New York's First Benefit Corporations

Silver-Squadron Bill Allowing Businesses to Pursue Socially Responsible Practices as well as Profit Became Law Today

Businesses Line Up to Become First Benefit Corps in the State

NEW YORK – State Senator Daniel Squadron, Assembly Speaker Sheldon Silver, and Secretary of State Cesar Perales today welcomed New York's first benefit corporations, as legislation allowing businesses to pursue socially responsible practices as well as profit went into effect. Secretary Perales accepted the paperwork to register the businesses as New York’s first benefit corporations.

The Squadron-Silver legislation (S79-A/A4692-A), signed into law in December, makes New York the seventh state in the country to allow benefit corps, which are companies that have a “double bottom line” of profit and socially or environmentally responsible practices. 

February 10, 2012

Senator Montgomery Announces NYSABPRL's 41st Annual Legislative Conference Workshop & Event Schedule

The 41st Annual Legislative Conference of the NYS Association of Black and Puerto Rican Legislators will convene on Friday, February 17th and conclude on Sunday, February 19th, 2012. The theme of this year’s conference is “Open Doors to Employment, Opens Doors to Empowerment."

The Conference schedule of educational workshops and weekend-long events is included here in a pdf format that can be downloaded.  More information on the Legislative Conference may be obtained by visiting


February 9, 2012

Community Meeting on Kodak Bankruptcy in Town of Greece

I am proud to support this community meeting, being held by Brighton Securities, regarding Kodak, and its recent filing of Chapter 11 bankruptcy protection. For details, and how to register, please see the flyer below. You may also download a version of the flyer (PDF format) by clicking on the link below.

January 20, 2012

Information for Constituents Regarding Kodak Filing for Chapter 11 Bankruptcy Protection

This area will provide information for constituents regarding Eastman Kodak and their recent announcement that the company has filed for Chapter 11 Bankruptcy Protection. While my office can not answer specific questions regarding an individual's case, we can provide information where employees, retirees, and family can direct those questions to. This webpage will also provide news, statements, and on-going events and programs to help our community through this difficult time.

Senator Joe Robach Introduces Bill To Protect Kodak Retiree Health Care

Legislation would provide safety net in the event retiree health benefits are eliminated


January 20, 2012

Committee Meeting: Corporations, Authorities and Commissions Meeting

Senate Standing Committee on Corporations, Authorities and Commissions Senator Michael Ranzenhofer, Chair 1:30 PM, Monday, January 30, 2012 Room 801 LOB

January 30, 1:30 PM - 1:32 PM

Senator Robach Statement on Eastman Kodak Filing for Chapter 11 Bankruptcy Protection

“I hope Kodak’s recent financial status and restructuring will move the company to beneficially assist the remaining employees and the many retirees in our region. While facing these difficult times, Kodak is still very important to many people and families in our community. I, and my colleagues in every level of government, stand ready to assist Kodak, its employees, and its retirees during this transformation.”


-New York State Senator Joe Robach

56th Senate District


January 19, 2012

Senator Martins Speaks on the Senate Floor About Passage of Iran Divestment Act

Senator Jack M. Martins spoke in support of the Iran Divestmen Act, which was passed by the Senate. It prohibits entities that invest in Iran energy from contracting with the state. The bill was subsequently signed by the Governor.

January 17, 2012

Committee Meeting: Corporations, Authorities and Commissions Meeting

Senate Standing Committee on Corporations, Authorities and Commissions Senator Michael Ranzenhofer, Chair 1:30 PM, Wednesday, January 18, 2012 Room 801 LOB

January 18, 1:30 PM - 1:38 PM

Committee Meeting: Corporations, Authorities and Commissions Meeting

Senate Standing Committee on Corporations, Authorities and Commissions Senator Michael Ranzenhofer, Chair 12:30 PM, Monday, January 9, 2012 Room 124 CAP

January 9, 12:30 PM - 12:46 PM


Squadron and Silver: New Type of Corporation Will Unlock Billions in Investments for New York, Change the Way New York Does Business

ALBANY – Last night, State Senator Daniel Squadron and Assembly Speaker Sheldon Silver’s bill to bring benefit corporations to New York was signed into law by Governor Cuomo, changing the way New York does business.

Benefit corporations will create a new industry of corporations with a "double bottom line" of profit and socially-responsible practices – unlocking billions in potential investments in companies that pursue a positive material impact on society and the environment.

"Benefit corporations will mean New York is open for business in an important new way. Benefit corporations will unlock billions of dollars in new investments in New York while empowering companies to do well and do good,” said Senator Squadron. “By offering this opportunity to entrepreneurs and investors, New York will bring new businesses into the state, new investors into the market and a new socially-minded approach for our entrepreneurs. I'd like to thank Speaker Silver for championing this bill in the Assembly, and Governor Cuomo for making benefit corporations law and making New York's economy stronger, more innovative, and more diverse."

December 13, 2011

New "JOBS EXPRESS" Website to Help Unemployed New Yorkers Find Jobs

Governor Andrew M. Cuomo announced the launch of "Jobs Express," a new website designed to help New Yorkers who are seeking employment.

The site takes thousands of jobs listed on the New York State Jobs Bank and sorts them by region to help job seekers evaluate what industries are growing in their area and find out what opportunities are available in specific economic sectors.

To visit Jobs Express, go to

October 31, 2011

Senator Valesky sits down with local agri-business for ThoughtRaiser.

Yesterday, I met with several agri-business owners and operators to discuss how NY can make it easier for them to succeed.

October 21, 2011

Huffington Post Op-Ed: Beyond the Occupation

By State Senator Daniel Squadron and Assemblyman Rory Lancman

Much has been made of the lack of specific demands of the Occupy Wall Street protesters.   But the themes underlying the protests are clear: accountability on Wall Street for the financial crisis that tanked the global economy; shared sacrifice as we pull ourselves out of an economic mess that the middle class and working poor didn't create; and a political system controlled by people, not corporations.

October 7, 2011

GM Welcomes Community To Holdings Plant for Open House

On Wednesday, October 5th, Senator Robach had the opportunity to attend an open house at the General Motors Holdings Plant on Lexington Avenue in Rochester. The open house was a way to say thank you to our community for the support that the company has received. Thousands of people took advantage of the open house to see many of the products made right here in our back yard. It was great to meet so many of the employees and see the members of our community who came out to support this open house.

October 7, 2011

Senator Gallivan Looks To Build On This Year’s Accomplish​ments

Senator Gallivan reflects on the the achievements of this year's legislative sessions, a session being hailed as the most productive in 25 years.

August 11, 2011

Statement From State Senator Jose R. Peralta About Mayor Michael Bloomberg’s Young Men’s Initiative

“Good intentions have too often produced little more than lip service. In the Young Men’s Initiative we may finally have an effort where ambitious vision, planning and resources replace platitudes and promises.

 “I applaud the mayor for his commitment to dealing with problems that have devastated many minority families and communities for generations. I thank him and Mr. Soros for their generosity.

 “I stand ready to help the administration however I can. I also stand ready to hold the mayor’s feet to the fire on this initiative.

 “Many of the communities I represent, and our city and country, desperately need this initiative to succeed.”


August 8, 2011

Statement from Senator Gallivan regarding the creation of the Western New York and Finger Lakes Regional Economic Development Councils

“For too long New York has lacked a comprehensive economic development strategy that reflects our state’s true economic and regional diversity. The newly created “regional economic development councils” will bring stakeholders from across the Western New York and Finger Lakes regions together to provide local expertise, insight, and know-how to the process -- ensuring that the residents of Erie, Wyoming, Livingston and Ontario Counties will have a strong voice in the discussion about the future of our community.

I applaud each of the Council’s appointees, and look forward to working hand-in-hand with them to attract jobs, grow our economy, and improve the region’s quality of life."

July 26, 2011


Aluminum Company To Add 100 New Jobs

State Senator Patty Ritchie praised Novelis for the company’s decision to invest $200 million in its Oswego County operations to expand the company’s aluminum sheet production for the automotive industry which is expected to add 100 new jobs in Central New York.

“I want to thank Novelis for believing in the future of Oswego County and New York State,” Senator Ritchie said. “Last month, I sponsored my Career Expo that featured Novelis and other companies. The people who applied for positions at Novelis at my job fair will have an opportunity to be considered for those 100 new jobs.”

July 26, 2011


The lifetime achievements of Brooklyn native Dorothy Burnham were recognized and lauded by NYS Senator Velmanette Montgomery (D-Brooklyn) during the reading of a Senate resolution, which was unanimously passed by the full Senate during the final days of the 2011 Legislative Session. The resolution paid tribute to Dorothy Burnham’s many notable contributions to our public education system, the advancement of civil rights, and to the promotion of racial and economic equality. Ms. Burnham was also honored for her designation as recipient of the Lifetime Achievement Award by the New York Friends of the People's World. “Dorothy Burnham is a Renaissance Woman,” said Senator Montgomery.

July 11, 2011
Syndicate content