NYC Cut Fines In Half on Small Businesses
Mayor Bill de Blasio said Friday that fines levied on New York City’s small businesses have been cut in half.
The city assessed $15.7 million in fines on small businesses over the last year, compared to $32.7 million over the previous 12 months. The number of violations given to those businesses also dropped from 19,409 to 11,923.
The reduction is part of a campaign promise made by de Blasio, who put together a Small Business Relief Package last July.
“A thriving city of diverse neighborhoods depends on small businesses to create jobs, serve their communities, and enrich the city’s economy,” de Blasio said in a statement. “Small businesses need support and resources — not onerous fines for violations that don’t pose any risk to consumers.”
Many small business owners had complained that they were overly subjected to fines as a means to raise revenue for the city.
This article appeared in print on page 4 of edition of Hamodia.
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