Albany Update: Big I NY Calls for Veto of Harmful Workers Comp Bills
This week, we joined over forty business associations representing virtually every sector of the state's economy in urging Governor Hochul to veto three harmful workers compensation bills. If enacted, they would increase workers' compensation benefits by millions of dollars, resulting in higher costs and premiums for all New York State businesses, especially small businesses, at a time when they are contending with unrelenting economic challenge.A.1118 (Bronson)/S.768 (Gounardes) redefines temporary total disability, marking a fundamental shift in the definition of disability and how wage replacement amounts are determined in New York State. This bill upends case law by allowing for unlimited awards at the temporary total…