John A. Defrancisco's posts related to Government Operations

Senator DeFrancisco Explains the Budget Process And Why Your Voice Matters

On this edition of the television program, Your Voice in Albany, State Senator John A. DeFrancisco explains the state budget process and responds to several of your important questions.

Cap State Spending -- Join the Fight!

As part of my comprehensive "New Jobs-NY" plan to revitalize our economy and spur new job creation, I am fighting to enact a strong state spending cap that will:

         - lock annual state spending to no more than 2 percent growth; and

         - ensure the state lives within its means -- just like hardworking families and businesses do every day.

Join my fight to protect taxpayers and create jobs by entering your information below.

STATE SENATE PASSES LEGISLATION TO EXPAND CENTRAL NEW YORK'S FOREIGN TRADE ZONE AREA

New York State Senator John A. DeFrancisco announced that the Senate passed his legislation today (S6471), which would expand Onondaga County’s foreign trade zone to include Cayuga, Oswego, and Madison counties.

Imports and exports are a major source of growth for Central New York, and the expansion would permit existing businesses to expand distribution and increase international trade.

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NEW YORK SENATE PASSES LEGISLATION TO ASSIST SMALL AND MEDIUM-SIZED BUSINESSES IN SECURING GOVERNMENT CONTRACTS

State Senator John A. DeFrancisco announced that the New York Senate passed legislation today, May 15, 2012, which would give state agencies the authority to determine whether a letter of credit is needed for a state contract, and would limit the amount of the letter of credit to 3 percent of the total contract award.

“A three percent cap on a letter of credit would help small and medium-sized businesses, because a letter of credit requirement adversely impacts a company’s ability to secure a loan, and it ties up resources that a company needs for operating expenses and growth,” said Senator DeFrancisco.

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