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Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

Poll: Should the state have a say in how local IDAs hand out tax breaks?

Gov. Andrew M. Cuomo wants to require state

Photo credit: Patrick E. McCarthy

Should the state have a say in how local development agencies hand out tax breaks to businesses?

Gov. Andrew M. Cuomo wants to require IDA projects that receive an exemption from the state sales tax to be approved by a regional economic development council, which he appoints. 

 "When it comes to the IDAs that are giving out tax benefits, I want to make sure these entities...

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