Legislation | News & Trends for Business & HR in NY, NJ, CT

Living Wage bill for NYC approved

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The second of two controversial wage bills for NYC passed earlier this week. On Monday, the City Council overwhelmingly approved the living-wage bill, the partner legislature to Read Full Article »

Senate passes commuter tax credit via $109 billion transportation bill

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On Wednesday, March 14, Senate passed a $109 billion transportation bill that includes a commuter tax benefit that allows mass transit users to Read Full Article »

10 brain boosting superfoods to boost employee health, productivity

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“Eat your dinner. You want to be smart, don’t you? Fish is brain food!” Many a mother has uttered similar dinnertime phrases to their Read Full Article »

NYC a hot region for tech startups

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The recent announcement that Cornell and Technion-Israel Universities will be building a state-of-the-art applied sciences center on New York City’s Roosevelt Island has brought national attention Read Full Article »

Category Archives: Legislation

Freelance workers who have been stiffed by clients are urged to speak up

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Freelancers UnionBeing able to work from home or locations outside of a physical office is a benefit of our modern times; as such the number of persons working as freelance professionals has increased.  Approximately one-third of the nation’s workforce – 35 million or so – is freelance. And just as the internet has made it easier to find and hire the services of freelancers, it’s becoming just as easy to avoid paying them for their work. Short of waging expensive legal battles – that end up costing more than the amount of underpayment itself – freelancers often have little recourse toward being paid what they are due. The Freelancers Union is bringing this issue to light nationwide, and has lobbied heavily for the passage of a New York bill that would help with repayment.

Governor Cuomo issues executive order for NY health care exchange by 2014

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For the 2.7 million New Yorkers without health insurance, a recent executive order by Governor Andrew Cuomo has been designed to help. In April of this year the Governor issued the establishment of a statewide health insurance exchange, an online marketplace that would allow individuals and small businesses to select from competing health insurance plans. Hoping to make health insurance more affordable for citizens and the businesses that employ them, Cuomo’s health care exchange is expected to be up and running by January 2014.

JOBS Act passes the Senate and House

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The President’s signature is all that the Jumpstart Our Business Startups Act (JOBS) needs before it becomes law.  Passing the House of Representatives on March 27, this act will, essentially, make it easier for small businesses to solicit investment capital via online intermediaries linking these companies with would-be individual investors. 

Employing a telecommuter from New Jersey spells tax liability for other states

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As telecommuting becomes increasingly more common for American – and global – workers, idiosyncratic logistics are creeping up that cause companies and lawmakers to assess and legislate remote work practices.  Such an issue has recently come to the forefront in the State of New Jersey, where a New Jersey Superior Court found that a Maryland-based company employing a solitary teleworker residing in New Jerseywould be responsible for New Jersey Corporation Business Tax (CBT).

Senate passes commuter tax credit via $109 billion transportation bill

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On Wednesday, March 14, Senate passed a $109 billion transportation bill that includes a commuter tax benefit that allows mass transit users to take $240 of their pre-tax income every month to pay for these transportation costs.  There was a previous consumer benefit in place for 2011 that allowed for $230 a month in mass transit expenses, but that measure ended in December of last year. This current transportation bill must now pass the U.S. House of Representatives.

Payroll tax cut extension signed into law for remainder of 2012

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The President signed an extension of the payroll tax cut into law on Wednesday.  Prior to this White House victory, Americans knew, regardless of its outcome, that this topic would be up for reconsideration as an eleventh-hour December vote that passed through Congress allowed the cuts for only the first two months of this year. It was anybody’s guess as to whether this heavily partisan issue would get enough Republican support to be continued for the duration of 2012.  The tax cut is just one slice of a package that also extends unemployment benefits and protects the reimbursements of doctors serving Medicaid patients.

NY Assembly Speaker Sheldon Silver introduces bill to raise State’s minimum wage 17 percent

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Calling it a “matter of dignity” for working men and women, New York State Assembly Speaker Sheldon Silver (D-Manhattan) introduced a bill on Monday, January 30, to raise the New York State minimum wage from $7.25 an hour to $8.50 an hour, with an index to inflation that would slightly increase it each year to coincide with inflation.  Citing NY’s rising cost-of-living expenses, Mr. Silver’s bill has both cheerleaders and critics: many feel a raise to this hourly wage is justifiable, humane and necessary, while others think an increased minimum wage would cripple the labor budgets of companies whose staff are predominantly minimum-wage-earners, causing them to hire less in the long run.