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New NADA Chairman Bill Fox Delivers Speech to Automotive Industry
New NADA Chairman Bill Fox Delivers Speech to Automotive Industry
Effective Saturday, January 25th, NYSADA’s own Bill Fox took over the reins of NADA by becoming the National Automobile Dealers Association, 2015 Chairman. Bill has been a NYSADA member for fourteen ...

NYSADA/NADA’s Sales Effectiveness Study Completed!
NYSADA/NADA’s Sales Effectiveness Study Completed!
Last summer, the NYSADA Board appointed the Anderson Economic Group to perform a sales effectiveness study that would analyze the State by regional markets. The rational for the study was the Board’s...

Chairman Ron Barton Assigns Committees for 2015
Chairman Ron Barton Assigns Committees for 2015
The Association membership and staff owes a debt of gratitude to all NYSADA members who take time out of their busy schedules to participate in our committees, boards, legislative program, etc. This ...

NYSADA Sends Letter to Attorney General’s Office Supporting Dealers on Credit Forget It Issue
NYSADA Sends Letter to Attorney General’s Office Supporting Dealers on Credit Forget It Issue
As reported in our December 1, 2014 edition of The News, the New York State Attorney General’s Office has taken the position that automotive dealers should not have been selling Credit Forget It (CFI...

NYSADA’S NEXTGEN Dealers Schedule Kickoff Meeting On February 10th
NYSADA’S NEXTGEN Dealers Schedule Kickoff Meeting On February 10th
The New York State Auto Dealers Association is pleased to announce the first NEXTGEN Dealers tele-conference has been scheduled for February 10, 2015 at 11:00 a.m. The NYSADA NEXTGEN initiative has b...

Assembly Leadership to Change Effective February 2nd
Assembly Leadership to Change Effective February 2nd
As you have no doubt read, Assembly Speaker Sheldon Silver was arraigned in federal court in Manhattan on a five count complaint that, in essence, alleges that the Speaker used his position for crimi...

NYSADA Working with OGS to Create Dealer-Friendly Procurement Process
NYSADA Working with OGS to Create Dealer-Friendly Procurement Process
A year ago, NYSADA began working with the State Office of General Services regarding the procurement of automobiles and light duty vehicles. NYSADA’s goal was to broaden the process so that many more...

IRS Pension and Retirement Plan Limits for 2015
IRS Pension and Retirement Plan Limits for 2015
As they do each year, the IRS has fixed pension and retirement plan limits for 2015.There are several changes to be aware of when it comes to your 401(k) plans. The following table provided by NADART...

Announcements
Gov. Cuomo Signs Legislation Repealing Annual Wage Notification

NYSADA and the Regional Associations worked collectively this past legislative session to eliminate the onerous annual wage notification requirement from the Wage Theft Act of 2010. NYSADA is happy to announce Governor Cuomo has signed a bill (S.5885-B Savino/ A.8106-C Heastie) that does just that.

In a flurry of last minute legislative activity, the Governor on the evening of December 29th acted on thirty-one bills, issuing vetoes on seventeen. One of the bills that he approved addressed the issue of the annual wage notification requirement that was established by the 2010 Wage Theft Prevention Act. The approved bill eliminates
the annual wage notification requirement. However, please note the notification requirement remains in place for all new hires.

This bill was heavily negotiated, and the negotiations continued virtually until the Governor approved the bill. Because of the late action on the bill, there is a glitch in the effective date. As enacted, the bill takes effect sixty days after approval, which would be the end of February. That would have left the requirement for an annual wage notification in place for January 2015. NYSADA's legislative counsel, Hermes Fernandez, brought this glitch to the attention of the Governor's staff as the bill negotiations were being completed. The Governor noted this problem in the approval message he issued when he signed the bill. The glitch will be addressed in the 2015 legislative session. In the meantime, the State Department of Labor has posted a notice on its website stating that "given the pending enactment of this chapter amendment, the Department will not require annual statements in 2015." Dealers, therefore, can forego issuing annual wage notifications in January.

If you have any questions about this issue, please contact the Association at (518) 463-1148 and speak to Ed Richardson (ext. 210) or Peter Marthy (ext.206).

NYSADA Request Member Suggestions for Informational Webinars/Seminars

NYSADA Education Committee Chairman, John McClurg, has asked that we reach out to the membership and ask for recommendations regarding webinar and/or seminar topics that you would find interesting and helpful. Potential topics can run the gamut from State/Federal regulatory compliance issues to business/industry relates subjects.

If you have a suggestion for a webinar and/or seminar either call or email Peter Marthy at 518-463-1148 (ext. 206) or peterm@nysada.com.

 

 



Join us November 18th – 22nd for our 92nd Annual Convention and Business Meeting at Disney's Grand Floridian Resort and Spa.  For more information, please call Jennifer Davis at 518-463-1148 ext. 326.

 Watch the video


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