Issues: Finance

Kennedy Remains Top Ranking Democrat on Economic Development Committee, Earns Place on Finance Committee

Assignments to important committee posts follow Leader Stewart-Cousins move to make Kennedy a part of her leadership team. 

BUFFALO, N.Y. – Senator Tim Kennedy, D-Buffalo, today announced his committee assignments for the 2013 legislative session. Kennedy will retain his position as the ranking Democratic member on the Senate Committee on Commerce, Economic Development and Small Business. He also earned a post on the Senate Finance Committee, which will give the Senator a larger influence on legislation that carries fiscal implications for the state.

January 22, 2013
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SENATOR DEFRANCISCO REAPPOINTED CHAIRMAN OF THE SENATE FINANCE COMMITTEE

On January 9, 2013, Senator John A. DeFrancisco (R-I-C, Syracuse) was reappointed Chairman of the New York State Senate Finance Committee by Senate Republican Leader Dean G. Skelos and Senate Independent Democratic Conference Leader Jeffrey Klein. 

“I am honored that I have been reappointed Chairman of the Senate Finance Committee,” said Senator DeFrancisco. “Through bi-partisan cooperation, we have made great strides in our state, although there is still much more work to be done. I am excited to continue working hard with Governor Cuomo, Senator Skelos, and Senator Klein toward the passage of another on-time budget that serves the interests of all New Yorkers.”

January 10, 2013
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STATEMENT FROM SEN. GALLIVAN ON 2013 STATE OF THE STATE ADDRESS

The Governor’s State of the State outlined an expansive and comprehensive vision for our state and its future. I am especially encouraged to see Governor Cuomo make the upstate economy a continued priority of his administration, and the specific attention he paid to bolstering Upstate’s agriculture and tourism industries – two sectors vital to the continued economic recovery of Western New York.

January 10, 2013
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January 10, 2013
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RITCHIE APPLAUDS GOVERNOR’S CALL FOR ATTRACTING GOOD JOBS, CONTINUED ECONOMIC GROWTH

Plans to Focus on Upstate Economic Development Included in State of the State Address

State Senator Patty Ritchie is applauding Governor Andrew Cuomo’s call for building on the progress of the past two years to create more jobs and continue economic growth, following Wednesday’s State of the State address in Albany.

CLICK HERE TO WATCH SENATOR RITCHIE'S COMMENTS ON THE GOVERNOR'S 2013 STATE OF THE STATE ADDRESS

“In 2013, my focus is jobs, and I was thrilled to hear that Governor Cuomo is making that one of his priorities as well,” said Senator Ritchie.

“We have made some great strides recently when it comes to getting our state’s economy back on track, but there’s a lot more we can do.  I’m eager to get to work and continue to collaborate with the Governor and my fellow colleagues in an effort to put more New Yorkers back to work.”

January 9, 2013
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GALLIVAN QUESTIONS DMV CONTRACT FOR NEW LICENSES WITH CANADIAN COMPANY

Senate Economic Development Chair Cites Economic and Safety Concerns, Urges Comptroller’s Office To Thoroughly Review Contract

“The New York State Department of Motor Vehicles’ apparent selection of a bid submitted by CBN Secure Technology of Canada to produce the state’s next generation drivers licenses raises several questions and concerns.”

“The fact that CBN’s bid was the most expensive to taxpayers and would shift the development and manufacturing processes out of the United States raises some questions as New York State continues to grapple with budget issues. I hope the State Comptroller’s office gives this contract a thorough review to ensure tax dollars are being invested wisely.”

November 15, 2012
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LARKIN SENDS LETTER TO GOVERNOR CUOMO REGARDING SURCHARGE ON EMPLOYERS

Senator Bill Larkin (R-C, Cornwall-on-Hudson) today sent a letter to Governor Cuomo requesting that the state pick up a $102 million tab hitting employers across the state.

The New York State Department of Labor is currently billing employers statewide $12.75 for each person they employ.  Due in September, this "Interest Assessment Surcharge" is being collected so New York can make an interest payment on a $4 billion loan it took out from the federal government to cover unemployment benefits. 

In his letter to Governor Cuomo, Senator Larkin suggested that rather than bill employers, New York should pick up the cost using a portion of the $340 million in settlement payments the state is set to receive from the Standard Charter Bank investigation.

September 6, 2012
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SENATOR LARKIN RECOGNIZED AS “PRO-JOBS SUPPORTER” BY STATE BUSINESS COUNCIL

In recognition of his commitment to promoting fiscal reform and improving the state’s economic climate, Senator Bill Larkin (R-C, Cornwall-on-Hudson) received a 90% pro-jobs rating as part of the Business Council of New York State’s 2012 Voters’ Guide.

The Business Council of New York State recently released its 2012 Voters’ Guide, which measures New York State Legislators’ commitment to improving the state’s economic climate and performance by scoring their support for key business legislation during the 2012 Legislative Session. 

September 6, 2012
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Statement by Senate Majority Leader Dean Skelos on S&P Rating Upgrade

Today's news that the rating agency Standard and Poor's has upgraded the State's credit outlook is a positive sign for New York, and more good news for hard-working, middle-class taxpayers.   Working with Governor Cuomo, Senate Republicans have enacted two early budgets that reduced spending, achieved structural balance without raising taxes and made responsible investments that will help the private sector create new jobs.   While we have more work to do, it's clear that New York - - two years removed from the Senate Democrats approving $14 billion in new taxes and fees and spending billions more than taxpayers could afford - - is on the way back.

August 27, 2012
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RITCHIE GETS HIGH MARKS FROM TWO LEADING PRO-JOBS GROUPS

Unshackle Upstate, Business Council of New York State Give Ritchie Positive Reviews

State Senator Patty Ritchie has received high marks from the state’s two leading pro-jobs groups, Unshackle Upstate and the New York Business Council.

August 22, 2012
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BROOKLYN DELEGATION: STATE MUST ACT NOW TO SAVE SERVICES, MED EDUCATION AT DOWNSTATE

Electeds Urge Comprehensive Plan to Save Hospital and Medical School

BROOKLYN – Today, a coalition of Brooklyn elected officials sent a letter to Governor Cuomo urging immediate action to save critical services and medical training at the State University of New York’s Downstate Medical Center (Downstate) and its affiliates.

Downstate faces a major operating deficit, and a significant restructuring is necessary for the institution’s survival. Downstate’s Long Island College Hospital has already laid off 150 employees; over 400 more Downstate employees will receive contract-mandated notice of future layoffs this month, with over a thousand layoffs expected in the next year. This will lead to a massive cut in services and the ability to train medical professionals in Brooklyn.

August 9, 2012
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Senator Grisanti, Assemblyman Gabryszak provide remedy for victims subject to false financial statements

Senator Mark Grisanti (R- North Buffalo)  and Assemblyman Dennis Gabryszak (D-Cheektowaga)  today announced that Governor Cuomo has signed into law legislation to protect victims against the filing of a false financial statement.  The new law proposed in both houses by the local legislators will require a court to issue and file a certificate of conviction with the New York Secretary of State in cases where a defendant is convicted of a crime related to the intentional fraudulent filing of a financial statement. 

New York State law says a person is guilty of issuing a false financial statement when they knowingly describe the financial condition or ability to pay of a person in an inaccurate manner on a signed written document.

July 31, 2012
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Marriage Equality in New York: One Year Later, Economic Activity Meets, Surpasses, IDC’s 2011 Estimates

Numbers released today prove that members of the New York State Senate’s Independent Democratic Conference got it right one year ago when they predicted that an annual average of at least 7,000 same sex couples would tie-the-knot over the first three years of marriage equality going into effect. With 11,518 same sex couples marrying in New York over the last year, New York experienced economic growth even greater than the IDC could have predicted.

 

July 24, 2012
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SFY 2012-13 Enacted Budget Summary

2012-13 Senate Majority Finance - Enacted Budget Summary

File: 
SFY 2012-13 Enacted Budget Summary

July 20, 2012
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Astoria keeps eye on Greece after election

An article by the Queens Campaigner talks about Astoria's Greek-American residents and their concern for Greece's economic future.

Astoria’s Greek-American elected officials said their constituents remain concerned but hopeful about Greece’s economic future after the nation’s New Democracy Party was elected by a narrow margin on a platform of remaining within the European Union.

 

“Hopefully, they’ll get their act together and start getting things moving in the right direction,” said state Sen. Michael Gianaris (D-Astoria).

 

July 2, 2012
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SKELOS TAPS GALLIVAN AS NEW CHAIR OF COMMERCE, ECONOMIC DEVELOPMENT, AND SMALL BUSINESS COMMITTEE

Area Business Leaders Laud Choice of Western New York Senator  

ALBANY - Senate Majority Leader Dean G. Skelos (R-C-I, Rockville Centre) announced today that Senator Patrick M. Gallivan (R-C-I, Elma) has been appointed Chair of the Senate Standing Committee on Commerce, Economic Development and Small Business.

July 2, 2012
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Senator Grisanti to increase state payment for video lottery locations to 2008-2009 levels to aid local governments

Senator Mark Grisanti (R-Buffalo) today announced at a Press Conference a bill in the Senate to return the funding levels for municipalities in which video lottery gaming facilities operate to the levels from the fiscal year 2008-2009. Over the past four budget cycles, the amount of money returned to the local governments that contain video lottery operations was cut by almost 60 percent.  In the seven regions across New York State where there are nine racetrack casinos, the fiscal strain placed on budgets has resulted in cutbacks or tax increases to cover the short fall.

June 29, 2012
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