June 22, 2012
Letter to LIA Members from President & CEO Kevin Law
June 22, 2012
Dear LIA Member:
New York State's legislative session ended yesterday, June 21st and it was a pretty good year from the business community's perspective. The LIA worked closely with Governor Cuomo, Majority Leader Skelos, Speaker Silver, our Long Island delegation, and other State officials to promote economic development, create jobs, produce mandate relief, control spending, and improve the business climate so that companies can invest and grow in New York.
On behalf of our members, we worked tirelessly to advocate for and against a variety of proposals to ensure that New York remains economically viable and competitive with other states so your business can contain costs, expand operations, and prosper here on Long Island. After a successful session in 2011, we continued to build on that momentum this year. Together, we have engaged in a number of key initiatives, including:
- Passage of an on-time, pro-economic development budget for Long Island that restrained spending while creating jobs and investing in our most crucial infrastructure needs.
- Enactment of Tier VI pension reform that will provide meaningful relief to our municipalities.
- Prevention of an increase to the minimum wage that is indexed to the rate of inflation, which would result in layoffs and increased government-imposed costs on businesses.
- Approval in the State Senate for the New Jobs-NY Job Creation Plan, which will create thousands of new private sector jobs by delivering tax relief to small businesses and manufacturers, reducing energy costs, and enacting major fiscal reforms to make New York State more economically competitive.
- Establishment of the NY Works program, which is designed to rebuild the State's infrastructure, create tens of thousands of jobs, attract private investment, and facilitate hundreds of critical projects.
- Acceleration of the LIRR double track from Farmingdale to Ronkonkoma, which will aid in the development of the Ronkonkoma Hub project.
- Implementation of the projects funded by the Long Island Regional Economic Development Council's winning plan.
- Stoppage of legislative proposals that would have increased costs of employers for workers' compensation, reversing key reforms made in 2007.
- Support for legislation that will stimulate economic growth, cut taxes, create jobs, and bring regulatory relief to create a more business-friendly climate for New York State and Long Island, and opposition to proposed measures that are anti-business.
Although the session has officially ended, our work has not. We will continue to advocate on behalf of our members and the business community to press for more mandate and regulatory relief, income and business tax reforms and reductions, infrastructure improvements, and job-generating projects. We will continue to lead the charge not only in Albany, but also in Washington, Mineola, and Hauppauge to positively influence public policy in order to strengthen Long Island as a place to live, work, and do business.
Kevin S. Law
President and CEO
Long Island Association