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State panel kicks 93 businesses out of Empire Zone tax break program

February 3rd, 2010 | Comments Off | Posted in 56153, 698065, 81955, Breaking News, Business News, Empire Zones, Government, Politics, State News, Top News
The list See the list of the 93 Businesses that lost Empire Zone appeals (PDF)Syracuse, NY - A state panel voted Tuesday to boot 93 businesses from New York’s Empire Zone tax break program despite reluctance from political appointees to...

Companies suing New York say their Empire Zone benefits were taken away unfairly

December 27th, 2009 | Comments Off | Posted in Business News, Empire Zones, Government, Politics, State News, Top News
Gloria Wright / The Post-StandardThe owners of the AXA Towers in Syracuse are among two dozen companies suing new York over their dismissal from the Empire Zone tax break program.Syracuse, NY -- Two dozen companies are suing New York over...

NYS Senate considers creating a task force to redesign Empire Zone program

May 17th, 2009 | Comments Off | Posted in Breaking News, Business News, Empire Zones, Government, Politics, State News, Top News
The state Senate is considering a bill that would create a new economic development task force to examine alternatives to the state's failed Empire Zone program. Related links » Our archive of Empire Zone coverage » Search our Empire Zone...

NYS budget agreement includes Empire Zone reforms

March 29th, 2009 | Comments Off | Posted in 377673, Breaking News, Empire Zones, Government, Politics, State News
A three-way budget agreement from Albany's legislative leaders includes reforms to the state's Empire Zone program. "Shirt-changers," or businesses that use paperwork gimmicks to obtain big tax breaks without creating jobs, will be decertified from the program, as will firms...

Union, MDA agree: Empire Zones broken

February 11th, 2009 | Comments Off | Posted in Breaking News, Business News, Destiny USA, Empire Zones, Politics, State News, Top News
The AFL-CIO and the Metropolitan Development Association have come together in a statewide lobbying group to support Gov. David Paterson's plan to scale back the Empire Zone program. AFL-CIO President Denis Hughes and MDA President and CEO Rob Simpson...

Gov. Paterson proposes Empire Zone reforms to save $270 million, ending program in 2011

Syracuse - Gov. David Paterson will propose Tuesday kicking businesses out of the much-criticized Empire Zone program unless they prove they have created jobs or made investments worth 20 times the tax breaks they've received. Top links Latest stories about...