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.
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.
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.
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.