Weekly Report

Weekly Report for December 6, 2019

NYSAR submits testimony on independent contractor legislation
On December 5, NYSAR submitted written testimony at an Assembly public hearing held to examine proposals that could extend labor rights and protections to gig economy workers, such as Uber and Lyft drivers, and eliminate independent contractor status for various professions. NYSAR strongly believes that any legislation should provide an exemption for real estate licensees. NYSAR also attended a Senate public hearing in October on this topic and will continue working with state lawmakers to have our concerns addressed and seek the exclusion of real estate licensees from any legislative proposals. 

New York State faces $6 billion budget deficit
Governor Cuomo is projecting a $6.1 billion budget deficit heading into next year, caused by a $4 billion increase in Medicaid spending, according to the administration’s midyear fiscal report. Assembly Speaker Carl Heastie said Tuesday that his chamber will likely prioritize raising revenue next year rather than scaling back health care services to close the budget deficit. The governor is scheduled to give his budget address in January. Read more here

State Senators George Amedore and Betty Little will not seek re-election
State Senators Betty Little (R-Queensbury) and George Amedore (R-Rotterdam) announced over the week they will not seek reelection in 2020. Senator Little was elected to the Senate in 2003 after serving seven years in the Assembly. Senator Amedore was elected to the Senate in 2015 and served seven years in the Assembly. 

Flood Insurance Extended to December 20, 2019
Congress extended the National Flood Insurance Program (NFIP) through Dec. 20 avoiding any lapse. The NFIP is being extended as part of the Continuing Resolution (CR) to keep the government operating while Congress works on 2020 appropriations measures over the next month. Now that NFIP is attached to the CR, there is less chance of a lapse in December.

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