NY Senate Report Calls for Due Diligence at Industrial Development Agencies

NY Senate Report Calls for Due Diligence at Industrial Development Agencies
The office building that houses the Orange County Industrial Development Agency in New Windsor, N.Y., on Feb. 22, 2023. Cara Ding/The Epoch Times
Cara Ding
Updated:
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A new investigative report finds that industrial development agencies in New York generally act within the boundaries of law but lack due diligence in giving out tax incentives.

New York state Sen. James Skoufis, who chairs the Senate Investigations and Government Operations Committee, released the report on July 26 after five months of review.