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New York Related News
New York Related News
26
Jul
Earlier this year, Governor Kathy Hochul signed into law S.812B/A.2035B, which amended the New York State Human Rights Law, N.Y. Exec. Law § 296, to require the establishment of a state-wide, toll-free, confidential hotline for complaints of workplace sexual harassment. On July 19, 2022, Governor Hochul announced the launch of this new hotline.
New York employees may now call 1-800-427-2773 to receive free legal counseling regarding any complaint of workplace sexual harassment or to submit a complaint regarding such harassment....
13
May
Insurers, state and federal financial regulators are coping with the impact of climate change and the increasing risk it presents to the safety and soundness of financial institutions and to the stability of financial systems. The ever-increasing regularity and gravity of extreme weather-related events such as rapid swings in temperatures, tornadoes in the Midwest, wildfires in California, hurricanes in the Gulf Coast, and others have resulted in greater regulatory focus on climate-related risks for many sectors, including the insurance...
11
May
Most businesses understandably work to protect the privacy and security of consumers’ personal information. Of at least equal importance, however, is the privacy and security of their employees’ information. On May 7, New York’s new employee privacy law became effective and it requires employers to provide written notice to their employees prior to engaging in certain electronic monitoring activities. The state’s attorney general is responsible for enforcing the law (as it does not expressly provide a private right of action),...
21
Apr
On Saturday, April 9, 2022, New York Governor Kathy Hochul enacted the State’s 2022-2023 budget. New York, like most states, is swimming in a cash surplus because of favorable tax collections and federal COVID relief, so this year’s enacted budget doesn’t bring any tax increases. Instead, it provides for tax relief in many areas, including property tax relief. The following are some of the budget provisions affecting New York State and city income taxes:
Middle Class Tax Cuts
Tax cuts on middle...
11
Apr
Record Investments in Healthcare, Education, Housing, Infrastructure, and the Environment
Increases State Reserves to 15 Percent of State Operating Funds Spending by 2025
Strengthens Public Safety and Government Ethics
Governor Kathy Hochul today announced the highlights of the historic FY 2023 Budget, which blends record investments into the long-term future of New York along with significant one-time aid to help recover from the COVID-19 pandemic and unprecedented fiscal responsibility. This historic blueprint meets the once-in-a-generation moment to invest in...
10
Mar
Plan Will Help Deliver Accelerated Recovery, Built on Equity and Inclusivity
Five Pillars, With More Than 70 Concrete Initiatives, Will Create Opportunities and Connect New Yorkers Seeking Work, Help Speed Return to Pre-Pandemic Employment Levels
Major New Capital Investments in Hunts Point Produce Market and Surrounding Community to Support Modernization of Critical Food Supply Facilities and Help Neighborhood Thrive
Blueprint Outlines “New New York” Blue-Ribbon Panel to Re-envision Central Business Districts, Lays Foundation for City’s Economic Future, With Investments in Small Businesses...
28
Feb
There is good news for business owners wanting to open a restaurant in New York, as the New York State Liquor Authority (NYSLA) has recently expanded the eligibility for temporary retail permits. This expansion will allow an applicant to temporarily sell on-premises alcoholic beverages from its restaurant while the actual license application is pending. The permit is usually issued for 90 days, with the possibility of 30 days renewal periods. As far as New York City is concerned, until...
17
Dec
On December 10, 2021, New York Governor Kathy Hochul announced that face masks must be worn in all indoor public places in New York State, effective December 13, 2021. This measure was taken in response to a notable surge in COVID-19 cases and hospitalizations statewide, attributable to colder weather, increased holiday activity and the emergence of the more contagious Omicron variant of the COVID-19 virus. The measure, which is supported by a determination from the commissioner of health, is effective through January 15, 2022,...