The National Federation of Independent Business (NFIB) has expressed support for New York Governor Kathy Hochul’s 2026 Executive Budget proposal, which was presented earlier today in Albany. The NFIB, which represents over 11,000 small business members in New York State, welcomed several aspects of the budget address.
Ashley Ranslow, NFIB New York State Director, released a statement regarding the proposal: “The New York State Fiscal Year 2026-27 Executive Budget proposal rightfully rejects tax increases on small businesses and residents across the state, while proposing much-needed changes to the Empire State’s oppressive regulatory environment. Small businesses frequently cite the overly burdensome, complex, and expensive regulatory landscape as an impediment to doing business in New York while also driving up costs for small businesses and consumers alike. NFIB also commends the Governor’s efforts to tackle the out-of-control increases in auto insurance premiums through common sense efforts to crack down on frivolous and expensive lawsuits. As lawmakers and state leaders begin budget negotiations, it is imperative that tax increases are soundly rejected, and no new mandates or burdens are passed onto Main Street businesses.”
Governor Hochul's executive budget plan includes measures aimed at reducing bureaucratic hurdles for businesses by reforming regulations considered outdated or unnecessary. The proposal also seeks ways to address rising auto insurance premiums by targeting costly legal actions that contribute to higher rates.
NFIB has served as an advocate for small business owners nationwide for more than 80 years. The organization operates as a nonprofit and nonpartisan group focused solely on representing independent business interests both federally and at the state level.
For further details about NFIB’s mission and activities, visit www.NFIB.com.
