State Senator John A. DeFrancisco, Chairman of the Senate Finance Committee, announced today (12/11/13) that $66.9 million has been awarded through Round Three of the Regional Economic Development Council Awards to help create and retain jobs in Central New York. For the second consecutive year, Senator DeFrancisco joined Governor Andrew Cuomo and Assembly Speaker Sheldon Silver for the REDC awards ceremony in Albany.
We are pleased that the Governor’s New York State Tax Relief Commission report incorporates key elements of a Senate Republican tax reform plan advanced by Senators DeFrancisco and Marcellino that focuses on cutting taxes to create new jobs, reforming our tax structure and giving hardworking taxpayers some much-needed relief.
It is encouraging that today’s report includes proposals to address issues related to achieving broad-based tax reductions for job creators, including reducing corporate tax rates, reducing taxes on manufacturers and accelerating the elimination of the 18-a energy surcharge, while also reducing the estate tax burden.
ONEONTA, 12/05/13 – State Senator James L. Seward (R/C/I-Oneonta) today announced conceptual agreement on a blueprint for Otsego County’s economic development leadership with the county IDA set to oversee the renewed effort.
“After hosting last month’s economic development summit, I have been meeting with key elected officials and business leaders to capitalize on what we learned and take the next step,” said Senator Seward. “Now, a definite course is established and we are prepared to embark on a new path toward future economic growth and prosperity in Otsego County.”
After unveiling of Buffalo High-Tech Manufacturing Innovation Hub @ RiverBend, Kennedy applauds Governor Cuomo’s intelligent public investment that is spurring private investment and creating hundreds of new jobs.
Albany, N.Y.— State Senator Tom O’Mara (R,C-Big Flats) has joined his State Senate Republican colleagues to call for action on a comprehensive tax-cutting agenda by the Legislature and Governor Andrew Cuomo in 2014.
ALBANY, 11/19/13 - New York State Senate Republicans today issued a comprehensive report on state taxes that calls for personal income taxes, business taxes, estate taxes and local property taxes to be reformed, simplified and reduced. The report makes sweeping recommendations for reducing the tax burden on all New Yorkers. The plan recommends enacting a permanent two-percent state spending cap and dedicating surplus revenues to tax reductions.
ONEONTA, 11/19/13 – State Senator James L. Seward (R/C/I-Oneonta) recently hosted his second economic development summit in Otsego County. The event was broadcast/webcast live, thanks to SUNY Oneonta, and is now available on-line.
“A diverse group of nearly 200 elected officials, business leaders, and educators attended Otsego County Economic Development Summit II at the Foothills Performing Arts and Civic Center,” said Senator Seward. “Now those who were unable to make it in person can watch this archived version.”
ROME -Six Senate committees will hold a joint hearing at noon Monday to hear testimony from experts in law enforcement, finance and computer science about thestate’s preparedness against cyber-attacks.
“Cyber crime is a major economic issue, resulting in more than $500 million in losses last year alone,” said Sen. Joseph A. Griffo, who chairs the Senate Banking Committee and is hosting the event. “There’s a reason why England considers it an even greater threat than nuclear war. We need to take a closer look at what our state is doing to prevent cyberattacks that could affect our security, our economy and our government.”
BRONX, NY– Standing under the dome of the Gould Memorial Library at Bronx Community College (BCC), State Senator Jeff Klein (D-Bronx/Westchester) announced that BCC will be a host site for START-UP New York, a groundbreaking initiative that allows select colleges and universities to create tax-free zones on or near their academic campuses.
Today local officials, including Taylor Devices President/CEO Doug Taylor, held a grand opening “ribbon cutting” event at their new facilities located in North Tonawanda's Buffalo Bolt business park.
Taylor Devices, Inc. purchased three parcels of land from the city at the Buffalo bolt business park in 2011, and has invested $3.3 Million at the site for the three buildings totaling 50K square feet. The facilities are third party certified to ISO 14001, the International Standard for environmental quality.