The Governor and NYS Legislature included in the 2009 — 2010 Executive Budget the sunset of the Empire Zone Program. This occurred on June 30, 2010.
New York State's Empire Zone Program was created in 1986 to stimulate economic growth through a variety of State tax incentives designed to attract new businesses to New York State and to enable existing businesses to expand and create more jobs. Since its creation, the Program has gone through numerous revisions which have pulled the program away from its original focus on the State's most distressed communities and in the process driven the costs of the program to unsustainable levels.
Companies Certified in the Empire Zones Program may continue to receive benefits for their full benefit period.
Click here for FAQ:
Empire Zone Program Sunset FAQs
If you need further assistance please contact:
The Empire Zones Program
Empire State Development
30 South Pearl Street
Albany, NY 12245
(518) 292-5240
Going forward Empire State Development will focus its energies on a more targeted approach to statewide and regional economic development. The new economic development initiative, called Excelsior recognizes the need for economic development programs that maximize our competitiveness while containing costs, focusing on strategic high-growth industries, capitalizing on our historic manufacturing sector and offering transparency to the business community and the public.
For more information please contact:
Empire State Development
Regional Office
Mohawk Valley Region
207 Genesee Street
Utica, NY 13501
(315) 793-2366
(315) 793-2705 Fax
Email Us
For all other Economic Development inquiries please contact:
Mr. Kenneth Rose, Executive Director
Montgomery County Business Development Center
9 Park Street
Fonda, New York 12068
krose@co.montgomery.ny.us