Governor Cuomo has been traveling the state promoting a plan to allow new businesses to go tax free for up to a decade if they locate near a State University campus. The plan, which is yet to be drafted into bill form, has raised some questions.
Governor Cuomo has been to several key upstate cities in recent days, promoting a plan to declare tax free zones around state college campuses, in hopes of attracting new businesses.
Governor Cuomo, who still has not issued a decision on whether hydrofracking should be allowed in New York, is backing further away from the controversial gas drilling process in his economic development plans for the future.
Two years ago, Governor Cuomo considered hydrofracking a key component of his plans for economic development in the faltering upstate regions of the state.
Governor Cuomo outlined the details of his plan to site three gambling casinos upstate.
Cuomo, joined by union and business leaders, and representatives from county governments, offered more details of a plan to build three new gambling casinos. Cuomo says he wants to limit the locations to upstate regions for now, to prop up the failing economy. The governor says upstate needs jobs like it needs “oxygen.” And he says having a downstate location would devalue the upstate centers.
Governor Cuomo and legislative leaders tried to jump start negotiations over siting several new gambling casinos in New York. But they also conceded that the plans might be delayed for another year.
Legislative leaders and Governor Cuomo met for the first time together in over a month, and they focused on an issue they had originally hoped to settle in the budget, the expansion of gambling in New York.