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News stories tagged with "tax-credit"

Empire Zones Renewed, With Safeguards

As a part of the budget, lawmakers agreed to extend one of the state's main economic development programs. The Empire Zones program gives more than 9,000 businesses tax credits to locate in New York and create jobs. There are almost a dozen Empire Zones in northern New York. The new legislation heightens reporting requirements for companies that get tax breaks. And it links benefits more closely to job creation. It extends the program until 2015. David Sommerstein spoke with North Country Assemblyman Darrel Aubertine. He says the program is designed to help distressed communities.  Go to full article

Lewis County Wind Farm Gets Go-Ahead

Construction of one of the largest wind farms in the East is expected to begin on the Tug Hill Plateau next spring. The project had been delayed for several years because a renewable energy tax credit was stuck in Congress. David Sommerstein reports.  Go to full article

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