$20 MILLION IN GRANTS TO SANDY-IMPACTED FISHING INDUSTRYGovernor Andrew M. Cuomo today urged coastal fishing businesses harmed by Storm Sandy to apply for available funding through the State’s recently approved Coastal Fishing Industry Grant Program. Under the program, eligible businesses will be able to apply for grants of up to $50,000 to cover uncompensated losses. “The regions most devastated by Superstorm Sandy are also vital parts of our state’s fishing industry, supporting thousands of local jobs and generating billions in economic activity,” Governor Cuomo said. “With peak fishing season arriving, I am directing new federal funds to support this critical industry on Long Island and Staten Island as it works to reach full recovery.”
Governor Andrew M. Cuomo today signed the Upstate NY Gaming Economic Development Act, a comprehensive new law that, pending approval of a referendum this fall, will establish four destination gaming resorts in Upstate New York and boost tourism and economic development in communities across the region. Under the casino gaming plan outlined in the new law, all localities in the state will share in increased education aid, or lower property taxes, no matter where the casinos are located.