Hugh T. Farley's posts related to Law

Senator Farley Wishes a Safe and Happy Holiday Season

As we enter the Christmas and New Year’s holiday weeks, State Senator Hugh T. Farley (R, C, I – Schenectady) wishes constituents a happy and safe season.

“I wish you a wonderful holiday season and a Happy New Year to you and your loved ones,” Senator Farley said. “Please also take caution when driving to and from celebrations.”

Senator Farley reminds people that New York State has tough DWI laws, including, Leandra’s Law, which was strengthened earlier this year to provide new safeguards to keep drunken drivers off New York’s roads.

Read more...

New Laws to Take Effect on Wednesday, January 1, 2014

As we depart 2013 and head into 2014, the New York State Senate continues to focus on ways to reduce spending, cut taxes and help businesses create new jobs. In fact, my colleagues and I recently released a report in November outlining how taxes need to be reformed. We also gave recommendations that would create jobs. We look forward to working with the Governor and the Assembly in 2014 on these recommendations. (Click on the link to view the report: http://www.nysenate.gov/news/senator-farley-discusses-report-tax-reform)

In the meantime, starting the New Year, on January 1st, the following new laws will take effect that already support the focus of reducing taxes:

Read more...

Important New Laws Taking Effect January 1, 2015

As we rapidly approach the New Year, I just wanted to touch base to let you know that a number of new laws will be taking effect on January 1, 2015. These include:

Hire a Veteran Tax Credit – Starting next year, businesses can receive a tax credit for hiring and employing a qualified veteran. The credit is equal to 10 percent of the total amount of wages paid to the qualified veteran during their first full year of employment. If the veteran is disabled, the credit amount is increased to 15 percent. The credit is capped at $5,000 per veteran or $15,000 per disabled veteran. Any unused credit may be carried forward to the following three years.

Read more...