New York State Senator John A. DeFrancisco discusses the 2012 Legislative Session with Julia Lilkendey on Your Voice in Albany. Some of the Senator's key priorities include: job creation, reduced state spending, mandate relief and Medicaid reform. He is also seeking YOUR feedback on the 2012 New York State budget.
New York State Senator John A. DeFrancisco announced that the Senate passed his legislation today (S6469), which requires state agencies to pay interest for money owed on state contracts within 30 days.
Current law requires state agencies to furnish interest payments on state contracts that are paid late to not-for-profit organizations, but they do not provide a specific time frame by which such interest payments must be made. This bill would require that interest payments must be paid within 30 days of any payment required by contract, or as soon as monies become available, whichever is earlier.
Creating Jobs: As the Legislative Session gets underway, I will continue to support effectives measures that will help revitalize our economy by strengthening small business and creating new jobs for the local economy.
Providing Tax Relief: With federal tax increases in store for many hardworking taxpayers in 2013, I will fight for additional tax relief at the state and local levels.
Reducing Wasteful Spending: For the past two years, New York state has made significant progress in controlling state spending, but more can be done. Therefore, I will continue to help reduce government fraud and waste, and to deliver additional mandate relief for local governments and school districts.