Ball Brings Business Leaders to Albany for Economic Development Summit

ALBANY, NY (1/31/2011) – Senator Greg Ball (R, C – Patterson) and Majority Leader Dean Skelos hosted a summit of 30 Hudson Valley Business Leaders on Monday. The group workshopped a comprehensive legislative plan to help smart development and economic growth in New York State by getting government out of the way. Before the summit, Ball also spoke with Dr. Adolphus C. Lacey, Senior Pastor at Mount Olivet Baptist Church in Peekskill, NY, about bringing jobs to Peekskill.

“We have a real need to get smart development going that can create create long lasting, high paying jobs,” Ball said.

On Sunday, Senator Ball joined with business leaders from the Hudson Valley to urge widespread approval of the Property Tax Cap and Unfunded Mandate Bills, which he co-sponsors. Both bills passed the Senate on Monday.

Earlier this month, Senator Ball co-sponsored the 2011 Job Creation and Taxpayer Protection Act through the Senate, which provides $5,000 tax credits to small businesses and entrepreneurs for each new job created. The Job Creation and Taxpayer Protection Act of 2011 includes a three-year tax credit of $5,000 for every new job created; an additional three-year tax credit of $3,000 for every new job that hires an unemployed worker; a moratorium on new taxes and fees on small businesses, manufacturers, and farms; a rollback of the 2009 small business personal income tax; elimination of the corporate franchise tax; and a new commission to make binding recommendations.

Monday’s summit was the second of a series of meetings that Senator Ball has scheduled on Economic Development. On January 28, Senator Ball met with elected officials and business leaders in Dutchess County to discuss smart growth and development along the eastern corridor of Dutchess. On February 3, Ball will host his next meeting in Carmel with the elected officials within the 40th Senate District.