Greater Rochester Chamber Statement on FY2025 New York State Budget
New York State passed its $237 billion FY2025 budget on Saturday, April 20th. This budget encompasses crucial allocations for infrastructure development, education funding, healthcare initiatives, and economic stimulus measures, all of which hold significant implications for our region's growth and prosperity.
Greater Rochester Chamber of Commerce President and CEO Bob Duffy said, “This year’s budget takes meaningful steps towards addressing issues faced by communities and businesses throughout New York State. Greater Rochester Chamber is grateful to Governor Hochul, Leader Stewart-Cousins, and Speaker Heastie for avoiding any new taxes on individuals or businesses, sunsetting COVID-19 sick pay, protecting retail workers, expanding the list of offenses eligible for prosecution as a hate crime, cracking down on illicit cannabis sales, and making substantial investments into economic growth and housing. We are particularly grateful to the Governor for her steadfast support of including measures that enhance public safety. We will continue working with the Governor and Legislature in supporting policies that make New York safer, that encourage people to come here and stay here, and the support business attraction, retention, and expansion.”
As the primary advocate for the Greater Rochester/Finger Lakes business community, Greater Rochester Chamber plays a crucial role in interpreting the potential impact of proposed policies and initiatives on our local businesses. We were proud to have a voice in key conversations during budget negotiations this year to advocate for our members and their concerns. To learn more about our advocacy efforts, please see here.