In the News
Buffalo Niagara Partnership focusing on unemployment insurance costs, energy plan
BUFFALO, N.Y. (The Buffalo News) — The Buffalo Niagara Partnership has laid out its legislative priorities for the coming year, emphasizing pushing back against higher unemployment insurance costs for employers, and the consequences of an overhaul of the state’s energy strategy.
The Partnership unveiled its agenda Thursday, after Gov. Kathy Hochul delivered her State of the State address earlier this week, putting forward her own agenda.
A key issue of concern to the Partnership: higher costs for unemployment insurance that employers are absorbing, in the wake of the billions of dollars that the state borrowed from the federal government to cover the cost of jobless claims that soared during the pandemic.
“New York is one of the few states that hasn’t actually used the federal stimulus money to pay down what they used during the pandemic, and now employers are paying that cost,” said Dottie Gallagher, the Partnership’s president and CEO.
“Employers are getting bills they didn’t expect for unemployment insurance, and it’s really troublesome,” she said.
The Partnership is also raising concerns about the Climate Action Council’s proposals for overhauling the state’s energy usage in coming years, with a shift toward electrification and away from fuels such as natural gas. The business group is advocating for an “all-of-the-above” approach that includes fuels such as natural gas, as well renewables, to fight climate change.
BUFFALO, N.Y. (The Buffalo News) — In facing, head on, the “benefits cliff,” the Buffalo Niagara Partnership is making an important effort to help underemployed individuals who may risk losing benefits by accepting overtime or a promotion, while also assisting business owners overcome staffing problems. The benefits cliff is a
BUFFALO, N.Y. (The Buffalo News) — The Buffalo Niagara Partnership wants to help minority-owned businesses grow, and create a pathway for them to become Partnership board members. Those goals are the driving forces behind the Partnership’s new Minority Business Initiative, which has kicked off with five participating companies. “I hope
Buffalo Next: For businesses, the bill is coming due for the pandemic surge in unemployment benefits
BUFFALO, N.Y. (The Buffalo News) — New York State owes $9.3 billion to the federal government for funds borrowed to cover the cost of unemployment claims that soared during the pandemic. Now the bill from Uncle Sam is coming due. And small businesses worry they will get stuck with the
The Buffalo Niagara Partnership announces first 5 participants in their Minority-Owned Business Initiative
The Buffalo Niagara Partnership (BNP) has a long-standing commitment to promote a diverse and inclusive business climate in the WNY region. To further this commitment, BNP has joined forces with Bank of America and National Grid to create an underwriting fund to sponsor BNP memberships as part of their new Minority-Owned Business Initiative.