Issues: Economic Development

SENATOR FUSCHILLO CALLS ON ASSEMBLY TO JOIN SENATE IN APPROVING NEW TAX CREDITS FOR BUSINESSES THAT CREATE JOBS

Senator Charles J. Fuschillo, Jr. (R-Merrick) is calling on the Assembly to join the Senate in approving legislation to provide businesses with a tax credit for each new job they create.

“Creating jobs and putting people back to work is the best way to improve our economy. Rewarding businesses for hiring new employees is a commonsense step to promote economic development, especially at a time when over 94,000 Long Islanders are unemployed. That’s exactly what this legislation does and that’s why the Assembly should pass it,” said Senator Fuschillo.

November 29, 2011
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EMPIRE STATE DEVELOPMENT ANNOUNCES FINAL SCHEDULE FOR STRATEGIC PLAN PRESENTATIONS

Strategic Plan Review Committee Will Review and Assess Strategic Plans Presented By Ten Regional Economic Development Councils

Empire State Development today announced the final schedule of presentations for the strategic plans submitted by the ten Regional Economic Development Councils. Each region will have an opportunity to make an in-person presentation according to the following schedule:

November 28, 2011
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Solid Cell, Inc. Awarded NYSERDA Grant

On Tuesday, November 22nd, I had the opportunity to speak at a ceremony to announce a $200,000 NYSERDA grant to Solid Cell, Inc for product development and manufacture of its proprietary modified planar solid oxide fuel cell technology. The grant specifically targets manufacture of the Company’s patent-pending ceramic interconnect. Solid Cell was one of only a handful of companies selected under the highly competitive “Environmentally Preferred Power Systems Technologies” program. For more information on Solid Cell, visit their website at http://solidcell.com/.

November 22, 2011
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SENATOR FUSCHILLO NAMED ONE OF THE TOP “PRO-JOBS” SUPPORTERS BY BUSINESS COUNCIL OF NEW YORK STATE

Senator Charles J. Fuschillo, Jr. (R-Merrick) was recently named one of the New York State Legislature’s top “pro-jobs” supporters by the Business Council of New York State. Senator Fuschillo was tied for the highest score in the Senate in the Business Council’s 2011 legislative scorecard.

Senator Fuschillo earned high marks for supporting legislation which will help businesses grow and create jobs. Senator Fuschillo supported the creation of a permanent “Recharge NY” program to provide low-cost power to businesses so they can create & retain jobs, as well as enhancing the Excelsior Jobs Program to include expanded tax credits to help businesses create jobs. Senator Fuschillo also supported New York State’s new property tax cap law.

November 22, 2011
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Future Of Queens Discussed At Astoria Civic Meeting

The Queens Gazette wrote about the "State of Queens Address" at the Astoria Civic Association, where Senator Gianaris and other elected officials discussed a variety of issues and accomplishments in Queens. Senator Gianaris talked specifically about the economy, the importance of the film tax credit and hydrofracking.

A triumvirate of elected officials delivered the “State of Queens Address” at the November 8 meeting of the Astoria Civic Association at Riccardo’s by the bridge.

Councilmember Peter Vallone Jr., Assemblymember Aravella Simotas and state Senator Mike Gianaris had the chance to review accomplishments, as well as challenges that Queens has been facing and will continue to face in the near future.

[...]

November 22, 2011
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Senators Martins and Skelos Talk Job Creation and Economic Development with President Obama's Economic Advisor

State Senator Jack Martins and State Senate Majority Leader Dean Skelos recently met with Citigroup Chairman and former AOL Time Warner Chair Dick Parsons to talk job creation and economic development. The luncheon took the form of a question and answer forum that discussed a wide range of economic issues that impact small business, downtowns and emerging local markets for communities throughout New York State and Long Island. Senator Martins also took the opportunity to bring three Elmont youth leaders to the luncheon gathering. Local residents Marvin Lee, Franklin Thomas and Tyrone St. Louis attended the luncheon where a question and answer period took place centering on the economy, job creation and emerging markets for New York and Long Island.

November 22, 2011
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WNY Shortchanged by Millions of Dollars After DOT Error; Roundtable Forum Held on Regional Economic Impact

Senator Kennedy Holds Roundtable Forum to Discuss the Impact on the Region 

BUFFALO, N.Y. – Western New York was shortchanged by about $167 million in infrastructure funding after the Department of Transportation made a human error while calculating allocation formulas for fiscal year 2008-2009. Senator Tim Kennedy, as a member of the Transportation Committee and ranking member of the Economic Development Committee, hosted a roundtable forum Monday to discuss the on-the-ground impact that the DOT funding shortfall has had on Western New York.

November 22, 2011
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Senate Issues Mid-Year Economic and Revenue Report

This week the Senate Majority released a mid-year economic and revenue forecast for New York State. A copy of the report can be found at the Senate website, www.nysenate.gov.

Working together this year, with Governor Cuomo, we were able to close a $10 billion budget deficit. We balenced the budget by finding efficiencies in government, identifying areas to make responsible cuts in spending, and most importantly, held the line on taxes," said Senator Gallivan. "Significant challenges remain and I look forward to returning to Albany to address next year's budget, continuing to focus on fiscal responsibility, economic development, and job creation for Western New York."

Highlights of the report including the following:

November 21, 2011
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Doan FIAT Opens in Greece

On Thursday, November 17th, I had the privilege to attend, and speak at, the grand opening ceremony for Doan FIAT in Greece. The dealership is located in The Mall at Greece Ridge, across from Chase bank. For more information on Doan FIAT, visit their website here, http://www.fiatusaofrochester.com/index.htm.

November 21, 2011
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Senator Kennedy Hosts Roundtable Forum to Discuss Impact of DOT Funding Error on WNY Economy and Infrastructure

BUFFALO, N.Y. – Western New York was shortchanged by about $167 million in infrastructure funding after the Department of Transportation made a human error while calculating allocation formulas for fiscal year 2008-2009. Senator Tim Kennedy, as a member of the Transportation Committee and ranking member of the Economic Development Committee, has called for a roundtable forum to be held Monday, November 21 to address the on-the-ground impact that the DOT funding shortfall has had on Western New York.

November 21, 10:00 AM - 12:00 PM
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CAPITAL REGION COUNCIL UNVEILS 5-YEAR STRATEGIC PLAN

Written by W. T. Eckert, Hudson-Catskill Newspapers

The Capital Region Economic Development Council unveiled its five-year strategic economic development plan for the Capital Region at a press conference at the Albany International Airport Monday. 

Proposals for transformative projects that would sustain and grow jobs by leveraging $11 in private sector investment for every $1 invested by the State are included within the plan.

November 16, 2011
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MID-HUDSON REGION ECONOMIC DEVELOPMENT COUNCIL OUTLINES 5-YEAR PLAN FOR GROWTH

Written by Larry Hertz, Poughkeepsie Journal

The mid-Hudson Valley has the location, skilled workers and natural resources to fuel future economic growth, but business and political leaders have some work to do to maximize its potential.

Those were some of the findings and observations contained in the Mid-Hudson Region Economic Development Council's five-year plan. The 88-page report, released Monday, will be used as a guide for state agencies that provide funding for economic development here, said council Co-Chairman Dennis Murray, president of Marist College.

November 16, 2011
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New Flood Recovery Resources Now Available

ONEONTA, 11/16/11 – State Senator James L. Seward (R/C/I-Oneonta) today alerted residents and business owners who suffered damage from Hurricane Irene and Tropical Storm Lee of additional flood recovery resources now available. “I have joined Governor Cuomo and members of the Upstate Storm Recovery Task Force in meeting with those devastated by Irene and Lee and appreciate the continuing effort from state agencies to assist those in need,” said Senator Seward. 

“The initial storms were devastating but the ongoing recovery is just as daunting.  As families and business owners make life-altering decisions they need to know what specific government support is available to help them rebuild. 

November 16, 2011
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Long Awaited Bridge Reopens In Oneonta

ONEONTA, 11/16/11 -- State Senator James L. Seward (R/C/I–Oneonta) recently joined in the grand reopening of the Pony Farm Road bridge in the Town of Oneonta.  The bridge connecting State Route 7 and Pony Farm Road had been closed since January 2008.

“Pony Farm Road businesses and residents rely on this bridge for improved access and safety,” said Senator Seward.  “By leveraging public and private funding sources the long-awaited span was completed without impacting local taxes – a major plus.”

November 16, 2011
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Business Council Recognizes Senator Flanagan’s Commitment To New York Economy

The Business Council of New York State has announced that Senator John Flanagan (2nd Senate District) has received the highest score of all New York State Senators in their 2011 Voters’ Guide.  The guide measures New York State legislators’ commitment to improving the state’s economic climate and performance by scoring their support for key business legislation during the 2011 session.

November 15, 2011
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Senator Martins Receives Business Council's Highest Grade in 2011 Voters' Guide Report

The Business Council of New York State released its 2011 Voters’ Guide, which measures New York State legislators’ commitment to improving the state’s economic climate and performance by scoring their support for key business legislation during the 2011 session.

Senator Jack M. Martins received the council’s highest score.

“In this last legislative session, we had a priority to work with the Governor to make our state more friendly to business. We sent a clear message that New York State is open for business. The goals continue to be to encourage economic growth and create jobs. I want to thank the Business Council for recognizing our efforts,” Senator Martins said.

November 15, 2011
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New York 'Open for Business' plans finalized: read the 10 blueprints for a region-by-region revitalization of the New York economy, and watch live presentations beginning on November 28th

One of the cornerstones of this year's New York State budget was the creation of 10 Regional Economic Development Councils that have been working over the past several months to develop locally based, short- and long-term strategies for economic growth and job creation.

November 15, 2011
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