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Cuomo: State oversight would make IDAs more effective
Gov. Andrew M. Cuomo said Thursday he wants Industrial Development Agencies to be more effective in preserving and creating jobs, and that’s best achieved with more state oversight.
Cuomo, responding to reporters’ questions after a speech at SUNY Old Westbury, said, “When it comes to the IDAs that are giving out tax benefits, I want to make sure these entities are doing it as well as it can...