Energy tax repeal included in Senate Budget

With a little less than three weeks left before the April 1 deadline for passage of the FY 2016 state budget, both houses of the Legislature have now staked out their positions in one-house budget bills.

As one would expect, the Senate budget focuses more sharply on economic growth and job development. The Business Council was especially pleased to see a provision calling for the full repeal of the 18-a temporary assessment on electricity which adds millions of dollars in costs to all residential and commercial electric rates across the state.

Last week, The Business Council joined with the New York Alliance for Reliable Affordable Energy (NY-AREA) and the Independent Power Producer of New York (IPPNY) to support the repeal of 18-a.

Heather C. Briccetti, president and CEO of The Business Council made the case for repeal of the tax in this interview with NYSNYS.