News

28
May
2002
ALBANY—The Business Council has urged the state to modify its proposed acid rain control regulations, saying they would significantly affect the supply and cost of electric power while offering limited benefits to affected ecosystems. The Council expressed these concerns in comments it submitted to the state Department of Environmental Conservation (DEC) in response to the department's proposed acid deposition reduction program (ADRP)
20
May
2002
After more than three years of consistent growth, The Business Council's workers' compensation trust for manufacturers shows no sign of slowing. By May 2002, the trust was reporting some $15 million in annual premiums, with nearly 500 employers as members, said Bob Crandall, The Council's director of member services who oversees the trust
20
May
2002
ALBANY - Five of New York's top business leaders have been elected to the board of directors of The Business Council of New York State. The new directors are: Philip C. Ackerman, chairman of the board of National Fuel Gas Company of Buffalo. He joined the company in 1968 as an attorney, and progressed through staff and management positions
17
May
2002
More than 575 leaders from New York State businesses, state government, and local chambers of commerce attended The Business Council's annual State Chamber Dinner May 13 in Albany. New York State Attorney General Eliot Spitzer was the keynote speaker at the dinner, which The Council, as New York's statewide chamber, conducts each year to honor the state's local and regional chambers of commerce
17
May
2002
The new state budget is expected to create several new research and technology programs. One budget bill (S.6259-B/A.9761-B) includes provisions that would: Enact Gen*NY*sis, the Senate Majority's initiative designed to foster collaborative high-tech research and development in biotechnology among academic, university, and industry research labs
17
May
2002
Lawmakers have extended indefinitely the state's investment tax credit (ITC) for the securities industry. This has been a top Business Council priority. New York's powerful ITC has encouraged many businesses to invest in New York State
17
May
2002
Legislative leaders' announced "framework" for agreement on a 2002-03 state budget preserves tax cuts that were passed in previous years that are due to take effect in the current fiscal year. Preserving these tax cuts-which have an estimated value of $300 million-has been a top Council priority since the budget debate began in earnest in January
17
May
2002
New York City depends on electricity generated at the Indian Point Energy Center. Closing it without simultaneously increasing New York's generating capacity elsewhere would do "irreversible harm to efforts to restore the city's economy," Business Council President Daniel B
17
May
2002
New York City depends on electricity generated at the Indian Point Energy Center. Closing it without simultaneously increasing New York's generating capacity elsewhere would do "irreversible harm to efforts to restore the city's economy," Business Council President Daniel B
17
May
2002
The new state budget is expected to create several new research and technology programs. One budget bill (S.6259-B/A.9761-B) includes provisions that would: Enact Gen*NY*sis, the Senate Majority's initiative designed to foster collaborative high-tech research and development in biotechnology among academic, university, and industry research labs