Issues and events that shape Long Island's economic and legislative landscape.

Tuesday, October 21, 2014

Legislative Updates


Governor Cuomo and the New York Legislature must reach an agreement on the 2014-2015 State Budget no later than April 1st. The LIA has been closely monitoring and weighing in on the negotiations to ensure that the business community and Long Island will benefit. READ MORE


Governor Andrew M. Cuomo today delivered his 2014 Executive Budget address, outlining a disciplined and innovative plan that allows for tax cuts that will create jobs, grow the economy and provide much-needed relief for struggling families. READ MORE


"The Governor''s budget includes a lot of good news for Long Island and the Long Island Association looks forward to working with him, READ MORE


The Governor's tax relief proposals will benefit families and businesses on Long Island and throughout the state. READ MORE


With a re-election campaign looming, Gov. Andrew M. Cuomo proposed a range of business and tax breaks, including a two-year property tax freeze for homeowners in municipalities that abide by the state's 2 percent property tax cap and take steps to share or consolidate services. READ MORE


The Senate''s confirmation of Janet Yellen as Chairwoman of the Federal Reserve bodes well for a smooth transition at the Fed and continued pro-employment, pro-growth stimulus. Any tapering under Yellen''s watch is likely to be measured and gradual so as not to threaten further growth. READ MORE