Prevailing Wage

BNP Poorly Timed Prevailing Wage Expansion

Poorly Timed Prevailing Wage Expansion

In the midst of the COVID-19 pandemic, New York State added a major prevailing wage expansion into the enacted state budget. This decision, long opposed by the Buffalo Niagara Partnership and statewide business leaders, will make it even more difficult to attract private sector investment to a state already burdened with high taxes and extensive regulations.

BNP NYS Budget Passes Amid Pandemic

New State Budget Passes Amid Pandemic

In unprecedented times, as the state continues to roil from the ongoing COVID-19 pandemic, the Governor and State Legislature did enact a new state budget for FY2021.  Given the events swirling around us, the fact that the budget was passed after the April first deadline seemed inconsequential.

NYS Legislative Sessions Ends with Little Legislating

The 2017 New York State Legislative session ended with little legislating, and that is not a bad thing for Buffalo Niagara employers.  Compared to the busy and extended budget negotiations earlier this year, the end of session seemed sedate (As I write this, Governor Cuomo has called the Legislature back to Albany to address a few outstanding issues, chief among them mayoral control of New York City schools).  Here are the highlights:

Taxpayers are Losing with NY’s Prevailing Wage Mandate

As part of our Government Affairs programming, we kicked-off our first of two Capital Conversation events for 2017 with a look at New York’s prevailing wage mandate and its impact on taxpayers and economic development.  E.J. McMahon, founder and research director of the Empire Center came to Buffalo to detail his new report: Prevailing Waste: New York’s Costly Public Works Pay Mandate.  Our event coincides with an effort underway in Albany to expand the prevailing wage mandate by attaching it some private projects.