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New York State Senator Mike Nozzolio announced the introduction of the 'Blueprint for Jobs' Monday, a targeted package of tax cuts, reform measures and training initiatives designed to grow jobs and encourage economic development.

The 'Blueprint for Jobs' would cut taxes for one million small businesses and reduce energy costs for every business and residential ratepayer in New York, saving them $2.5 billion dollars.

“New York’s private sector small business owners, job creators and entrepreneurs are the engine for economic growth in our State and Nation,” said Nozzolio.  “We must take decisive action to keep New York State moving in the right direction and create a more favorable environment for job-producing businesses to grow.

The 'Senate Republican Blueprint for Jobs' plan would provide:

• A Tax Cut for One Million Small Businesses
• Lower Energy Bills for Every New Yorker and Every Business
• Tax Relief for Manufacturers
• Sweeping Reforms to Cut Red Tape and Bureaucracy
• Job Training to Help New Yorkers Secure Good, High-Paying Jobs
• Common-Sense Budget Reforms
• Investment Funding to Help Launch Start-Ups
• Incentives to Revitalize Downtowns and Main Streets
• Help for New York’s Veterans to Secure Good-Paying Jobs
• Key Reforms To Reduce the Cost of Doing Business

Heather Briccetti, President and CEO of The Business Council of New York State, Inc. said, "The budget plan put forth today by the Senate Republicans is clearly designed to control state spending and create good-paying jobs. If we are to improve the state's economy and create more private-sector jobs we need to reduce the cost of doing business in New York through tax cuts, fiscal restraint, regulatory reform, and targeted investments in our workforce.”

Brian Sampson, Executive Director of Unshackle Upstate said: “Unshackle Upstate has long advocated for lowering the tax burden in order to help our Upstate manufacturers and small business owners. This proposal advances sensible tax cuts, the elimination of the surcharge on the 18-A energy tax, the repeal of the Wage Theft Prevention Act’s annual notification requirement and the implementation of a state spending cap.  We support these measures as they will help boost job growth and strengthen our economy. ”

Mike Durant, State Director of  the National Federation of Independent Business (NFIB) said: “This job creation plan injects significant fiscal relief for small business and is a commitment to drastically changing the economic trajectory of New York.  It incorporates many of the top legislative priorities for NFIB by drastically reducing taxes and providing needed regulatory reform. This is exactly what small business needs in this State.”

Manufacturer’s Association of Central New York (MACNY)  President Randy Wolken stated: "This past week, manufacturers from across the State convened in Albany to let legislators know that in order to strengthen our critical sector and the economic strength we provide, a better business climate is needed, with lower costs of doing business. Senate Republicans clearly heard this message. With their proposal of a repeal to the 18a tax, in addition to elimination of the corporate franchise tax for manufactures, they are clearly proposing a budget version that is business friendly, helps create a better business climate, and creates a platform that will enable manufacturers and businesses help get our State back on track."

New York State’s revenues are projected to increase by more than $200 million. Senate Republicans are recommending that, rather than spend new revenues, the additional funds should be invested in business and job growth to strengthen the state’s economy more rapidly and create new jobs at a faster pace.

Senate Republicans have repeatedly passed legislation to establish a spending cap, but the State Assembly has not acted on it. Over the past two years, New York State has saved approximately $18.6 billion dollars by adhering to the self-imposed two percent cap.  If the spending cap was made permanent going forward, New York could save as much as $11.2 billion dollars over the next four years.

“These job creation initiatives will set the groundwork for New York State to be competitive once again and will encourage private sector businesses to invest and create jobs here in New York.  Now, we must build on the success of the past two years and take the next steps to continue the economic recovery of our State,” said Senator Mike Nozzolio.  “It is my belief that we must do everything possible to cut taxes and control spending, to create a better future for our young people, friends and community.”

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