Cuomo's tax-free plan poses promising benefits for region

Tim Goral's picture
Monday, June 3, 2013

Gov. Andrew Cuomo gets it right in urging state legislators to embrace the abundant resources available through SUNY to help bring New York out of its economic doldrums.

His recent Tax-Free NY proposal offers new businesses the opportunity to operate tax-free, provided they locate on or near one of the 64 SUNY campuses in the state or some private higher education institutions. For the first time in our state’s history, the proposal would harness the full economic power of New York’s colleges and universities. It couldn’t come at a better time.

SUNY is the most fully articulated, diverse and powerful economic development tool in New York state above Westchester County. Geneseo, for example, helps foster growth and innovation, not only in Rochester but throughout much of Livingston, Genesee, and Wyoming counties, through our Small Business Development Center. The college is the largest employer, public or private, in Livingston County, and has a long history of assisting startups and small businesses in the region and attracting other businesses in partnership with Greater Rochester Enterprise.

Read more »