N.Y. awards tax breaks, incentives to boost jobs - New York News | NYC Breaking News

N.Y. awards tax breaks, incentives to boost jobs

Posted: Updated:

ALBANY, N.Y. (AP) - Gov. Andrew Cuomo is set to announce the statewide winners in the second round of economic development tax breaks aimed at creating jobs.

The winning proposals from the state's 10 regions will get the biggest grants, worth millions of dollars in incentives.

But no region will go away without at least some funding under Cuomo's economic development program.

Each region has an advisory board of local business leaders and academics to develop plans that will create, expand or retain jobs based on local natural and commercial assets.

A year ago, Long Island, western New York, the North Country and central New York were the top winners in the first competition for $785.5 million in tax incentives.

The new round will be announced Wednesday.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Your Money

  • New York state and Eastman Kodak Co. have reached a deal that will keep some of the troubled company's operations in Rochester and provide $49 million for environmental cleanup at the once bustling Eastman...
    New York state and Eastman Kodak Co. have reached a deal that will keep some of the troubled company's operations in Rochester and provide $49 million for environmental cleanup at the once bustling Eastman Business Park.
  • Wednesday, June 19 2013 1:16 PM EDT2013-06-19 17:16:13 GMT
    Kolcraft is recalling more than 96,000 Jeep Liberty strollers after at least 18 people were injured by tire blowouts, the Consumer Product Safety Commission said Wednesday.
    Kolcraft is recalling more than 96,000 Jeep Liberty strollers after at least 18 people were injured by tire blowouts, the Consumer Product Safety Commission said Wednesday.
  • Natura Salmonella Risk

    Wednesday, June 19 2013 8:30 AM EDT2013-06-19 12:30:41 GMT
    Natura Pet Products is voluntarily recalling all Innova, California Natural, EVO, Healthwise, Mother Nature and Karma branded dry pet food and biscuit, bar, and treat products with expiration dates prior to June 10, 2014, because of a positive Salmonella test.
    Natura Pet Products is voluntarily recalling all Innova, California Natural, EVO, Healthwise, Mother Nature and Karma branded dry pet food and biscuit, bar, and treat products with expiration dates prior to June 10, 2014, because of a positive Salmonella test.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2013 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices