tax free zone

Lt. Gov. Duffy tries to sell START-UP NY to SUNY

Jun 25, 2013

Lt. Gov. Robert Duffy called the SUNY campus system an economic driver for the state during a visit to SUNY Oswego Tuesday morning.

Duffy discussed the recent START-UP NY initiative, which allows for new and expanding businesses to move on to or near college campuses. Those companies will be exempt from paying state sales, property or business taxes for ten years.

"Everybody is doing everything they can just to transform the economy and put things in place that will keep businesses here and growing, and draw new ones in," Duffy said.

At a rally Tuesday in Albany, labor advocates protested Gov. Andrew Cuomo’s latest economic development program. The program, Tax-Free NY, is a new spin on an old economic tool.

“I think tax-free zones are a horrible idea right now. I think that these programs have been tried in the past. We’ve called them empire zones, job incentive programs, we know through history that these simply do not work,” said Ron Deutsch from the left-leaning New Yorkers for Fiscal Fairness.

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There’s three weeks to go in the legislative session, and advocates are pushing hard for two of Gov. Andrew Cuomo’s agenda items -- translating the federal abortion rights in the Roe v. Wade decision into New York state law, and enacting public financing of statewide political campaigns.

The governor, meanwhile, is focusing on his proposal to bring tax free zones to upstate public college campuses.

Advocates for public financing of campaigns and advocates of abortion rights are entering the final push for passage of the measures, and are using a variety of tactics to spur action in the state Senate.

Gov. Andrew Cuomo has been traveling the state, promoting his plan to create tax free business zones at college campuses. He’s also running ads, paid for by the New York State Democratic Party. Now, one of the state’s largest unions is countering that effort with its own message.

Cuomo has gathered local government leaders and business groups to the Capitol to demonstrate support for his idea to create the tax free zones at public colleges, some private universities and some state-owned properties.

Gov. Andrew Cuomo says many of his key agenda items are still in play in the legislature, even though he’s been spending most of his time lately promoting tax free business zones at some state college campuses.

Cuomo held his sixth event in a week to highlight a plan to create tax free business zones at public and private colleges, as well as on some state owned properties. But he insists he’s still actively pursuing his other end of session priorities -- including public financing of political campaigns, a women’s equality act, the siting of three upstate casinos, and a board to help distressed upstate cities.

governorandrewcuomo / Flickr

Gov. Andrew Cuomo asked local government leaders from around upstate New York help him convince the legislature to approve his tax free zone plan.
 
Cuomo wants to create tax free zones for new businesses who locate at state-run and some private college campuses around the state. All taxes, even for employees, would be waved for a decade. The governor says he may even increase the plan to 20 other state-run sites.