Issues: Taxes

PRESS RELEASE: Senator Carlucci Announces 5-Point Jobs Plan to Put New Yorkers Back to Work

Senator Carlucci Announces 5-Point Jobs Plan to Put New Yorkers Back to Work

Small Businesses and Consumers Will Benefit from Targeted Tax Relief Measures and Regulatory Reform Proposals

Senator Carlucci: “We need tax and regulatory policies that will help make New York more competitive in the global economy”

ORANGEBURG, NYSenator David Carlucci (D-Rockland/Orange) today was joined by small business owners and local elected officials at Nice-Pak, Inc., to announce his 5-Point Jobs Plan, a comprehensive blueprint for action that will jumpstart the economy and create jobs here in the Hudson Valley. 

October 4, 2012
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SENATOR NOZZOLIO GIVEN HIGHEST GRADES AND RANKINGS AS A TOP JOBS SUPPORTER BY PRO JOBS GROWTH and PRO BUSINESS GROWTH ORGANIZATIONS

In recognition of his continuing efforts to support job growth, cut taxes and control spending, New York State Senator Mike Nozzolio has been named one of the top “Jobs Supporters” in the entire State Legislature by organizations dedicated to job growth and business development in New York State.

Senator Nozzolio received the highest grades and rankings from both the Business Council of New York, and Unshackle Upstate, as part of their 2012 analysis of all state legislators’ voting records.

September 7, 2012
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ON THE RECORD: SENATOR RITCHIE DISCUSSES IDEAS FOR MANDATE RELIEF

Senator Patty Ritchie was interviewd on WRVO Public Radio on her idea to provide additional mandate relief for local taxpayers by addressing the problem of state prisoners currently being held in local county jails.

Senator Ritchie has written to the Commissioner of Corrections and Community Supervision to ask that he use underfilled state prisons, such as the Watertown Correctional Facility at Dry Hill, to hold state parole violators who are being housed in overstocked county jails in Oswego, Jefferson and St. Lawrence Counties.

September 7, 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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Back to School Reminder: No State Sales Tax on Clothing Purchases Up to $110

Believe it or not, it’s back-to-school time again! Preparing our kids for a new school year can be a fun and exciting time, but with so many families feeling an economic crunch these days, it can be a stressful time as well. That’s why I wanted to remind you of some good news that is sure to help your back-to-school budget. Shoppers will not pay state sales tax on clothing purchases up to $110. Clothing purchases can be a big part of a family budget, and I was pleased to support this tax cut to help hardworking New Yorkers keep more money in their pockets. Repealing the sales tax on clothing is projected to save a typical family of four nearly $200 a year.

August 30, 2012
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Back-to-School Reminder: No State Sales Tax on Clothing Purchases Up to $110

Believe it or not, it’s back-to-school time again!

Preparing our kids for a new school year can be a fun and exciting time, but with so many families feeling an economic crunch these days, it can be a stressful time as well.

That’s why I wanted to remind you of some good news that is sure to help your back-to-school budget. Shoppers will not pay state sales tax on clothing purchases up to $110.

Clothing purchases can be a big part of a family budget, and I was pleased to support this tax cut to help hardworking New Yorkers keep more money in their pockets. Repealing the sales tax on clothing is projected to save a typical family of four nearly $200 a year.

Think of it as the 4 percent off sale that never ends.

August 29, 2012
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Back-to-School Reminder: No State Sales Tax on Clothing Purchases Up to $110

Believe it or not, it’s back-to-school time again! Preparing our kids for a new school year can be a fun and exciting time, but with so many families feeling an economic crunch these days, it can be a stressful time as well.That’s why I wanted to remind you of some good news that will help your back-to-school budget.

August 27, 2012
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From the Desk of Senator Jack M. Martins

Simple solution for a not-so-simple problem

I was actually just putting the finishing touches on this week’s column when a friend e-mailed me a newspaper editorial regarding public pensions. As soon as I read it, I knew I had to lay my column aside and seize the opportunity to share what I’ve long considered a game-changing idea.

August 20, 2012
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GALLIVAN CONTINUES TO PRESSURE THRUWAY AUTHORITY TO CUT COSTS RATHER THAN RAISE TOLLS ON TRUCKS

Chairman of the Senate's Commerce, Economic Development, and Small Business Committee, Senator Patrick M. Gallivan, formally requested that the New York State Thruway Authority consider cost saving measures before anything as drastic as a 45 percent toll hike on three-axled vehicles is considered.

In the letter to Thruway Authority Chairman, Howard Milstein, Senator Gallivan said that any such toll hike would have a serious impact on the western New York economy, area farms, and consumers.

August 10, 2012
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Senator Zeldin Votes to Repeal MTA Payroll Tax for Self-Employed Individuals

New York State Senator Lee M. Zeldin (R, C, I- Shirley) speaks on the Senate Floor in support of Senate Bill 7165-A, sponsored by Senator Greg Ball, that will repeal the MTA Tax for self-employed individuals earning $250,000 a year or less. The bill passed the New York State Senate on June 20, 2012.

July 18, 2012
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ADDABBO APPLAUDS REPORTED AGREEMENT TO PROVIDE GREATER TAX RELIEF FOR CO-OP AND CONDOMINIUM OWNERS

Queens, NY, July 10, 2012 -- NYS Senator Joseph P. Addabbo, Jr. (D-Queens), who has long sponsored legislation to provide owners of co-ops and condominiums with fairer treatment under New York City’s property tax laws, today applauded a reported agreement among the Governor, State Senate and State Assembly to provide new tax relief for these property owners. 

July 10, 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 FUSCHILLO: CONGRESS FAILS NEW YORK’S COMMUTERS AGAIN

     “Six months ago, New York’s commuters saw their federal and state mass transit tax benefits cut nearly in half because Congress did not approve the necessary extension. Yesterday, Congress failed them again by not repealing this almost fifty percent tax increase as part of the adopted federal transportation plan.

June 30, 2012
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Column by Senator Bill Larkin

The 2012 legislative session shows New York is on track for a better tomorrow.

Following 2 years of runaway debt and dysfunction, our state government needed an overhaul. To put an end to the chaos, New Yorkers voted in a Republican led Senate and the results have been unmistakable.

We trimmed the fat off of Albany’s bloated budgets, eliminating more than $13 billion in deficits. We shrank the ballooning government bureaucracy by consolidating agencies. And we enacted common sense reforms to increase efficiency and reduce costs.

The success goes beyond just reigning in spending. The real victory is that not only was this done without raising taxes, it was done by cutting them.

June 29, 2012
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Clothing Sales Tax Exemption is in Effect

Your clothing and footwear purchases up to $110 dollars are no longer subject to New York state sales tax. 

On April 1, 2012, the New York State sales tax clothing exemption was restored to the original less-than-$110 threshold.

This means that sales of eligible clothing and footwear, costing less than $110 per item or pair, are now exempt from the state's 4% sales tax and local tax in those localities that enacted the exemption.  This new tax break could save a family of four as much as $200 dollars a year. 

June 27, 2012
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SENATE APPROVES BILL TO OFFER ASBESTOS REMOVAL TAX CREDIT Legislation will Encourage Cleanup of Unsafe properties; Spur Investment

               The New York State Senate yesterday passed legislation (S6524A) that will provide an asbestos removal tax credit to encourage the cleanup of old, unsafe properties, and spur investment throughout the State.                    This legislation offers a tax credit to help defray the costs of clean up and remediation to encourage economic development in cities across New York State, and ensure that the cost of asbestos removal is no longer an obstacle to economic development.  

June 19, 2012
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SENATE PASSES LEGISLATION ESTABLISHING ANGEL TAX CREDIT FOR SMALL BUSINESSES

Senator John A. DeFrancisco announced on June, 18, 2012, that legislation he sponsored (S6837-2011), creating an angel tax credit for investors who invest in certified startup business enterprises, passed the Senate.

The bill authorizes the Commissioner of Economic Development to certify Startup Business Enterprises (SBE) in targeted industries and technologies and allocates $7 million in Angel Tax Credits each year. The minimum investment is $100,000 and is capped at $1 million per individual small business.

June 19, 2012
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