Includes certain companies engaging in hospitality or tourism which primarily promote the sale, marketing, production, harvesting, or use of certain agricultural products or food or drinks in the excelsior jobs program.
Impact
If enacted, A09063 would notably expand the niches that qualify for support under the Excelsior Jobs Program. It opens opportunities for businesses that are connected to agriculture, especially those that focus on products manufactured or prepared onsite from agricultural sources. This change underscores New York’s commitment to cultivating a diverse and robust economic landscape that can leverage its agricultural strengths within the tourism sector.
Summary
Bill A09063 proposes amendments to the Economic Development Law, focusing on the inclusion of specific companies in the hospitality and tourism sectors within the Excelsior Jobs Program. This initiative is aimed at companies that primarily promote the sale, marketing, production, harvesting, or use of agricultural products or food and drinks. By broadening the scope of eligible businesses in the program, the bill seeks to enhance economic development by supporting industries that are instrumental in driving tourism and local agriculture.
Contention
While the bill presents potential economic benefits, it may also evoke discussions regarding the prioritization of agricultural sectors in economic development initiatives. Stakeholders may debate the implications of this inclusion, particularly concerning the resources allocated to such companies versus other sectors that may also be in need of support. Community responses could vary, with some arguing that the focus on agriculture and tourism may detract from other critical industries requiring attention.
Same As
Includes certain companies engaging in hospitality or tourism which primarily promote the sale, marketing, production, harvesting, or use of certain agricultural products or food or drinks in the excelsior jobs program.
Includes certain companies engaging in hospitality or tourism which primarily promote the sale, marketing, production, harvesting, or use of certain agricultural products or food or drinks in the excelsior jobs program.
Includes certain land that is owned or rented as a farm operation for the production for sale of crops, livestock or livestock products as land used in agricultural production.
Includes certain land that is owned or rented as a farm operation for the production for sale of crops, livestock or livestock products as land used in agricultural production.
Prohibits mobile sports wagering operators, including parent companies or subsidiaries thereof, from being eligible to receive the excelsior jobs program credit.
Defines community significant projects as a business creating or retaining current jobs as determined by the commissioner, with particular emphasis on employment and/or training of current public housing residents; currently located or to be located in existing leased space of a building in a public housing development in the state; and which makes significant qualified capital investments to start a business, or improve services and working conditions for an existing business, when located in such public housing space and including such projects in the excelsior jobs program.
An Act to Exempt from State Sales Tax Utility Vehicles Purchased for Use in Commercial Fishing, Agricultural Production, Aquacultural Production and Wood Harvesting
Directs the department of agriculture and markets to increase the number of regional farmers' markets for the direct marketing of foods and produce produced in the state.