Issues: Finance

SENATOR RITCHIE APPOINTED TO BUDGET SUBCOMMITTEE

Reviewing Transportation, Environment, Agriculture, Housing
On-Time Budget Eyed for Second Straight Year
State Senator Patty Ritchie has been named to a special Senate budget subcommittee assigned to review the Governor’s proposed budget.

February 2, 2012
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The Blue Book: Senate Minority Staff Analysis of the 2012-2013 Executive Budget Proposal

The "Blue Book" is a comprehensive overview and analysis of the 2012-2013 Executive Budget Proposal, prepared by the Finance Committee's minority staff.

 

File: 
Senate Finance 2012 Blue Book.pdf

February 1, 2012
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RITCHIE TALKS MANDATE RELIEF AT STATE BUDGET HEARING

State Senator Patty Ritchie today quizzed Budget Director Robert Megna about Governor Cuomo’s proposals for mandate relief in the new state budget.

January 24, 2012
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Majority Finance/Counsel Staff Analysis of the 2012-2013 Executive Budget

(WhiteBook)

The report provides an analysis of the appropriations recommended this year and an analysis of the Governor's recommendations.

File: 
Majority - Executive Budget Analysis.pdf

January 23, 2012
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Budget Provision Raises Worries About Cuomo’s Reach

By John Eligon

The New York Times

The proposed provision in the state budget, which still faces debate and a vote by the Legislature, would allow the governor to move money “for the purpose of planning, developing and/or implementing the consolidation of administration, business services, procurement, information technology and/or other functions shared among agencies.” Mr. Cuomo’s office argues that without this provision, the commission’s recommendations might be held up until next year’s budget process.

January 20, 2012
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Committee Meeting: Finance Meeting

Senate Standing Committee on Finance Senator John A. DeFrancisco, Chair 1:00 PM, Monday, January 30, 2012 Room 120 LOB

January 30, 1:00 PM - 1:06 PM
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Ambitious residential and commercial project proposed for Astoria waterfront

The New York Daily News wrote an article about a new development proposal that would bring significant change to Astoria’s waterfront.

An isolated swath of Astoria that has largely been ignored by developers and businesses could soon undergo a major facelift under a proposal to erect seven waterfront residential towers and a supermarket.

The Lincoln Equities Group wants to create a project dubbed Hallets Point, with roughly 2,300 units of housing and a waterfront park along the East River near the Astoria Houses.

The public review process is expected to begin next year, city officials said.

January 18, 2012
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Senator Seward Comments On Governor's Budget Proposal

ALBANY, 01/17/12 – State Senator James L. Seward (R/C/I – Oneonta) today commented on Governor Cuomo’s budget proposal:

“The governor’s budget proposal is a sound continuation of last year’s effort to rein in state spending without raising taxes or resorting to new borrowing.  I believe the plan hits close to the mark on a number of my key priorities and provides a solid starting point for this year’s budget discussion.

January 17, 2012
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Elected Officials Seek Construction Funding For P.S. 2, P.S. 11

The Queens Gazette wrote an article drawing attention to a School Construction Authority (SCA) budget ammendment proposal, which reduces construction funding for schools in desperate need of assistance. Senator Michael Gianaris, along with parents and other elected officials, urges the SCA to include these schools back in the capital plan in order to ensure that the needs of the children are satisfied. 

While supporting needs throughout District 30, Councilmember Jimmy Van Bramer, Assemblymember Catherine Nolan and state Senator Michael Gianaris spoke in support of two especially beleaguered schools: P.S. 2, Jackson Heights and P.S. 11, Long Island City.

January 13, 2012
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Public Hearing: Joint Legislative Public Hearing on 2012-2013 Executive Budget Proposal: Topic "Taxes"

Joint Legislative Public Hearing Notice and Testimonies for Taxes

February 6, 10:00 AM - 12:44 PM
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Committee Meeting: Finance Meeting

Senate Standing Committee on Finance Senator John A. DeFrancisco, Chair 1:00 PM, Wednesday, January 18, 2012 Room 124 CAP

January 18, 1:00 PM - 1:22 PM
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Schedule of Legislative Public Budget Hearings on 2012-2013 Executive Budget proposal

Senate Finance Committee Chair John A. DeFrancisco today announced the Legislative Public Budget Hearing Schedule on the 2012-2013 Executive Budget proposal.

January 11, 2012
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Senate Passes Iran Divestment Legislation

The New York State Senate today gave final legislative passage to the Iran Divestment Act, sponsored by Senate Majority Leader Dean Skelos.  The bill would prohibit companies that provide goods, services or credit worth $20 million or more to Iran's energy industry from entering into or renewing state and local government contracts. 

January 9, 2012
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Senate to Act on Iran Divestment Legislation Monday

Senate Majority Leader Dean G. Skelos today announced that the Senate is expected to pass the Iran Divestment Act of 2012 during the Senate session on Monday, January 9th. “When I introduced this bill last fall, I said the Senate would take it up very early in the 2012 session and we are keeping that commitment,” Senator Skelos said.  “The Senate’s swift action shows how important it is that we stand together to condemn tyrannical governments like Iran which sponsor terrorism, have attempted to acquire nuclear weapons and threaten U.S. allies like Israel, as Iran has repeatedly done.  I applaud Speaker Silver for taking the lead on this effort and moving it forward in the Assembly.”

January 6, 2012
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Committee Meeting: Finance Meeting

Senate Standing Committee on Finance Senator John A. DeFrancisco, Chair 1:15 PM, Monday, January 9, 2012 Room 124 CAP

January 9, 1:15 PM - 2:41 PM
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Senator Seward Comments on State of State Address

ALBANY, 01/04/12 – State Senator James L. Seward (R/C/I – Oneonta) today commented on Governor Cuomo’s State of the State address:

“Partnering with Governor Cuomo last year, we ended partisan gridlock and a number of successful initiatives were realized.  Now it is time to continue our Empire State resurgence.

“The governor’s focus on creating private sector jobs runs parallel with my own.  His innovative approach to utilizing public/private partnerships is especially appealing and I was pleased he singled out tourism as a sector in need of additional state support.

January 4, 2012
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The Middle Class Tax Cut and Job Creation Plan

After Albany approved a sweeping tax reform and job growth plan designed to provide income tax reductions to 4.4 million New Yorkers and thousands of small businesses, Western New York State Senator Patrick M. Gallivan (R,C,I – 59th Senate District) announced an additional proposal to implement a strict cap on all income tax revenues collected under the state’s brand new income tax bracket structure.

December 21, 2011
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Gallivan Announces Legislation To Cap Income Taxes, Refund Excess Funds Back To Taxpayers

BILL SEEKS TO CONTROL SPENDING AS COMPANION PIECE TO NEW TAX AGREEMENT

December 9, 2011
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