January 7, 2011
LIA President's Statement on Governor Cuomo's State of the State Address
LIA President and CEO Kevin S. Law released the following statement today related to New York State Governors Andrew Cuomo inaugural State of the State Address.
"I commend Governor Cuomo for his various initiatives that will help lower the costs of doing business and help jump start the Long Island Economy by proposing: improvements to the new Excelsior Program (that replaced the Empire Zone Program) which will provide more tax benefits to those companies who create new jobs; a permanent Power for Jobs program that will lower utility costs for companies creating new jobs; a property tax cap; and the creation of a local economic development council for our region that can coordinate and integrate state and local government and business activities to create jobs. The LIA looks forward to working with the Governor and being a part of the new council to improve the business climate here on Long Island".