Small Business: The Backbone of New York’s Economy!

Small Business:

	The Backbone of New York’s Economy!
	Charlie Nesbitt New York State Assembly Minority Leader and

	Bill Reilich Ranking Minority Member, Assembly Small Business Committee
	Report on the Small Business Improvement Act of 2005

	Charlie Nesbitt & Bill Reilich	Fighting for New York’s Small Businesses!
	“Small businesses employ more than half of New York’s workforce. It’s crucial our state government provide as much assistance as possible to this vital segment of our economy.” — Charlie Nesbitt, NYS Assembly Minority Leader

harlie Nesbitt and Bill Reilich believe small businesses are the backbone of New York’s economy. As former small businessmen, Charlie Nesbitt and Bill Reilich know firsthand the types of support employers need to grow and succeed.

Nearly 98% of all New York companies are small businesses – they employ nearly 52% of all working state residents. Presently, 3.6 million New Yorkers are employed by small businesses, more than any other sector in the state.

That’s why Charlie Nesbitt and Bill Reilich introduced Assembly Bill A.6987, the Small Business Improvement Act of 2005. This initiative provides tax credits to offset energy, health insurance and worker training costs, reduce bureaucratic red tape and encourage the revitalization of downtown business districts across the state.

Here’s what the Small Business Improvement Act of 2005 contains:

TAX & REGULATORY RELIEF Small businesses need relief from high taxes and government regulations. The Small Business Improvement Act of 2005 provides a health insurance and business training tax credit along with an energy tax reduction for small businesses. It also establishes, by statute, the Governor’s Office of Regulatory Reform (GORR) to continue reducing bureaucratic red tape.
SMALL BUSINESS INVESTMENT The Small Business Improvement Act of 2005 increases the revitalization of communities by providing state grants to upgrade or renovate downtown and main street facades. It also enacts a prompt payment law for state contracts with small businesses and requires at least 15% of state contracts be with businesses employing 100 or fewer employees.
PRO-SMALL BUSINESS REFORMS New York State must become more small business-friendly. The Small Business Improvement Act of 2005 directs the Department of State to send an e-notice to individuals of new proposed rules or regulations affecting their business. It also requires Empire State Development to provide recommendations on making its programs more accessible to small businesses with 100 or fewer employees.

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	YES Charlie and Bill, I support your efforts to improve NY’s small business climate. Please send me more details on the Small Business Improvement Act of 2005.
Name:
Address:
E-mail:
*Please clip and mail to 121 N. Main St., Suite 100, Albion, NY 14411*

Charlie Nesbitt
121 N. Main Street
Suite 100
Albion, NY 14411
(585) 589-5780
fax (585) 589-5813

Bill Reilich
2300 W. Ridge Road
Rochester, NY 14626
(585) 225-4190
fax (585) 225-6502

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