tax breaks

IDAs need to be more transparent, accountable, says comptroller

Kate O'Connell — Wed, 08 May 2013 20:48:22 +0000

The New York state comptroller’s office has released its annual report on New York’s 113 Industrial Development Agencies (IDAs), with concerns raised about the effectiveness and transparency of the organizations.

Despite agreement, budget talks go on

Karen Dewitt — Fri, 22 Mar 2013 12:52:19 +0000

Even though state lawmakers announced a budget agreement Wednesday, they spent the day Thursday trying to pin down details and print the bills in time to be through over the weekend.

GOP pushes middle class tax breaks

Karen Dewitt — Tue, 05 Mar 2013 20:10:14 +0000

New York Senate Republicans are pushing for middle class tax breaks in the new state budget, including a return to the New York State School Tax Relief Program property tax rebate checks curtailed in 2009.

Cuomo reacts to IDA backlash on sales tax proposal

Ashley Hassett — Fri, 22 Feb 2013 20:38:14 +0000

During his visit to western New York on Thursday, Gov. Andrew Cuomo reacted to the backlash by Industrial Development Agencies (IDAs) against his executive budget proposal that would remove their powers to grant state sales tax exemptions.

Expiring tax credits for renewables blow an ill wind

Sarah Harris — Sat, 01 Dec 2012 13:00:00 +0000

Over the last decade, new wind farms have changed America’s landscapes – and its power sources. The growth has been spurred by a production tax credit wind companies get in exchange for producing energy. But the credit is due to expire at the end of the year if Congress doesn’t renew it.

Senator says tax breaks for small businesses would help women

Matt Porter — Fri, 15 Jun 2012 19:56:40 +0000

US Senator Kirsten Gillibrand was in Syracuse today at a local business promoting tax breaks for small businesses. The bill is particularly directed at companies owned by women.

IDA reform bill stuck in neutral

Daniel Robison — Sat, 26 May 2012 21:00:00 +0000

In recent years, donut shops, car dealerships, and doctor's offices have received tax breaks from industrial development agencies in western New York.

Now, a first-term state legislator from Buffalo has crafted a bill to halt such deals.