Issues: Finance

Statement from Sen. Darrel J. Aubertine Regarding the Close of the Budget Process

“Today, we closed down the budget process by passing a revenue bill that keeps my commitment to the people of Oswego, Jefferson and St. Lawrence counties to block the governor’s proposed new taxes. After months of frustration that we all felt, this budget, while far from perfect, is a considerable improvement on where we were April 1.

August 3, 2010
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ADDABBO’S AQUEDUCT-GENTING SELECTION STATEMENT

Queens, NY, August 3, 2010 – NYS Senator Joseph P. Addabbo, Jr., a member of the Senate's Racing, Gaming & Wagering Committee, today issued the following statement on the winning Aqueduct bidder:  “Today’s selection by the New York Lottery of Genting New York LLC,  means that finally, after almost a decade-long process, the future of Aqueduct Racetrack and the surrounding communities looks bright.”  According to sources at New York Lottery, Genting was chosen for their professionalism and for their understanding of the needs of the community. 

August 3, 2010
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Senator Jose Peralta Urges President Obama to Nominate Dr. Elizabeth Warren as Director of the Consumer Financial Protection Bureau

Click here to view Senator Peralta's letter to President Obama.

“As the Chair of the New York State Senate’s Consumer Protection Committee and State Senator representing over 300,000 New Yorkers, I have seen firsthand the devastating effects these challenging economic times have had on Americans. These distressing financial problems are often times compounded by the fact that many consumers simply do not know their rights and in many cases because they have been victims of predatory credit products.

August 3, 2010
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Public Hearing: Senate Task Force on Government Efficiency

Senate Task Force on Government EfficiencyChair: Senator Jeffrey D. KleinPublic Forum: To examine spending at the Office for People with Developmental DisabilitiesPlace: Senate Hearing Room, 250 Broadway, Room 1920, 19th Floor,New York, New YorkTime: 1:00 to 4:00 P.M.Contact: Gabriel Paniza (518) 455-3594Media Contact: Gwen Rocco (718) 822-2049

August 4, 1:00 PM - 4:00 PM
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Unclaimed Funds

News From Senator Shirley L. Huntley

For Immediate Release: July 22, 2010

Contact: Ami Shah | shah@senate.state.ny.us | (518) 455-3531

Senator Huntley: Does the State Owe You Money?

Hundreds of Millions Returned to New Yorkers Annually

(D-Jamaica) Senator Shirley L. Huntley announced today that New Yorkers are owed hundreds of millions of dollars in unclaimed funds from the State, and can get any money they are owed simply by calling the state Comptroller’s office or going online.

July 22, 2010
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Rising Times: COUNCIL PASSES CITY BUDGET THAT PROVIDES RESOURCES FOR MAYOR TO RESTORE JOBS & SERVICES

Bi-Partisanship Effort Amongst Members is Key to Approval

The Yonkers City Council tonight voted 6-1 to approve the City’s FY 2010-11 Budget and provide the mayor with the necessary financial resources to restore essential services and jobs. Councilmember Joan Gronowski voted against its adoption.

The budget’s passage follows an announcement earlier today by NYS Senator Andrea Stewart-Cousins, NYS Senator Jeff Klein, NYS Assemblyman Mike Spano and NYS Assemblyman Gary Pretlow that $36.4 million in educational aid was being returned to Yonkers for school funding.

July 16, 2010
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Senator Sampson Comments on Tax and Finance Regulation Concerning Tax Preparers

Senator John L. Sampson commented on a proposed rule issued by the State Tax and Finance Department entitled Consumer Bill of Rights Regarding Tax Preparers (TAF-07-09-11-P).  Senator Sampson asked the Department to revise the  rule to conform with statutory language by including the definition of a “refund anticipation check,” and the term “refund.”  In addition, Senator Sampson believed consumers may get confused about the regulation’s terms of refund, refund anticipation check and refund anticipation loan.  Senator Sampson asked the Department to make certain consumers are aware of the complete definitions of the terms and that they would be displayed on both the Tax and Finance web site and the Consumer Protection Board web site.

July 16, 2010
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Senator Parker with local business owners outside NASDAQ tower following the bell ringing ceremony

Senator Paker invited a host of business leaders to join him during the ringing of the opening bell.

July 15, 2010
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Senator Parker ringing the opening bell at NASDAQ

Tuesday July, 13 - Senator Parker rang the opening bell at NASDAQ, the largest financial market in the world

July 15, 2010
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Agreement to Restore Yonkers Education Funding

Today, we are happy to announce that working with Senator Sampson, Assembly Speaker Silver, State Comptroller DiNapoli, and Governor Paterson, an agreement has been reached which enables the City of Yonkers to adopt and certify its budget to include the $36.4 million in education funding that had been vetoed.

July 14, 2010
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Senator Parker supports women and minority owned businesses

The New York State MWBE Asset Management and Financial Institution Strategy Bill, has leveled the playing field for minority and women owned businesses in New York State.

July 12, 2010
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Summer Series

I would like to announce a series of

July 16, 10:00 AM - 3:00 PM
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Senate And Assembly Introduce Joint Budget Legislation To Keep Government Working

The Senate and Assembly have reached joint agreement on budget bills that will guarantee the preservation of essential services, and continue to close down the state’s budget deficit. These bills include the remaining fields of the budget:

June 26, 2010
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Budget Agreement Provides Critical Aid to Yonkers

This year has been very difficult for the City of Yonkers and for the State of New York. In the wake of a multi-million dollar deficit crisis, Mayor Amicone has proposed layoffs and drastic cuts in services in order to close the City's budget gap. We have made a commitment to the residents of Yonkers that we would fight to try to avoid his doomsday scenario. Today we have reached a budget agreement that will make this a reality.

June 18, 2010
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You Cut Albany

It is time to return New York State government to you, the people.

June 15, 2010
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Legislative Activity For June 14, 2010: Senate Passes Legislation To Keep Government Working, Reduce Spending And More

The Senate Democratic Majority passed legislation to keep government working, preserving essential services used to support employment, health, public safety, transportation, and education related programs, while achieving nearly $330 million spending reductions to close the budget gap.

June 14, 2010
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OFFICE OF MENTAL RETARDATION THIRD LARGEST OVERTIME SPENDER IN NYS

Led by Senator Klein, Task Force on Government Efficiency Unveils Millions in Potential Savings

 

June 9, 2010
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Public Hearing: Joint - Senate and Assembly Standing Committee on The Community Services Block Grant (CSBG) Program

Joint – Assembly Standing Committee on Social ServicesChair:    Assembly Member Keith L. T. WrightSenate Standing Committee on Social ServicesChair:    Senator Daniel SquadronAssembly Standing Committee on Children and FamiliesChair:    Assembly Member William ScarboroughSenate Standing Committee on Children and Families

June 16, 10:30 AM - 11:30 AM
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