Historic Rehabilitation Tax Credit to Leverage $461 M in Upstate Investment; Create 1,600+ Jobs
The Independent Democratic Conference today called for the full reinstatement of an economic development program that would create more than $460 million in private investment and more than 1,600 good-paying jobs in Upstate New York.
ALBANY, N.Y. - Building upon growing momentum in support of a minimum wage increase, the Independent Democratic Conference today released a new economic report underscoring the importance of raising the minimum wage to New York’s female and minority workforce. According to the report, New York’s low-wage women and minority workers will experience an increase in earnings by over one billion dollarsif the minimum wage is increased to $8.50 or $8.75. This cross-section of low-wage workers is critical to New York’s economy since, as the report illustrates, women and minority workers make up a disproportionate number of New York’s minimum wage workers.
New York’s minimum wage is currently $7.25 an hour, which equals the federal minimum wage. The neighboring states of Connecticut, Vermont, and Massachusetts all have higher minimum wages than New York currently. A person working 40 hours a week for 52 straight weeks would earn $15,080 a year, and many workers making the minimum wage aren’t scheduled to work that many hours in a week or work that many weeks, meaning that they likely make less than $15,000 a year. Given the high cost of living, especially in New York City and surrounding counties, making just $15,000 a year, even for a single person without dependents, means having barely enough to provide basic needs or afford one’s rent.
Today, Senate Co-Leader Jeff Klein and State Senate Labor Committee Chairwoman Diane Savino joined supermodel Coco Rocha, former child models and victims to announce legislation that will protect child models from exploitation and abuse. These abuses--and the shortfalls in New York's child labor laws-- are detailed in a report prepared by the Independent Democratic Conference, also released today.
ALBANY, NY- Last night, both the New York State Senate and Assembly passed legislation protecting child models from exploitation and abuse. State Senate Labor Committee Chairwoman Diane Savino (D-Staten Island) was the prime sponsor in the Senate (S.5486) and Assemblyman Steve Otis was the prime sponsor in the Assembly (A.7787). Senate Majority Coalition Leader Jeffrey D. Klein (D-Bronx/Westchester) co-sponsored the legislation and helped fast track the measure through the legislature.
NEW YORK, NY- Today, New York State Senate Co-Leader Jeff Klein, Senate Labor Committee Chairwoman Diane Savino, and Assemblyman Steven Otis celebrated the signing of a sweeping new child labor law that promises to end widespread exploitation of underage models in New York’s fashion industry. Until today, minors in New York's fashion industry were forced to work without the protections of the state's child labor laws. But under a new law signed by Governor Andrew Cuomo late on Monday night, children in the fashion and modeling industries will now be provided the same protections afforded other young performers.
ALBANY— Flanked by advocates for working parents, same sex couples and New York seniors, State Senate Co-Leader Jeff Klein and members of the Independent Democratic Conference unveiled a new paid family leave plan today that would vastly expand worker eligibility and increase benefits for working men and women statewide.