CenterState CEO President Robert Simpson Comments on Governor Kathy Hochul’s State of the State Address

Gov. Hochul's State of the State Press Release & Transcript

SYRACUSE, NY – Robert M. Simpson, president of CenterState CEO, in Syracuse, issued the following statement following Governor Kathy Hochul’s State of the State Address: 

“Gov. Kathy Hochul’s goal to make New York more affordable will help make the opportunity and growth on the horizon more accessible to all people. Making life more affordable in New York will allow the state to remain economically competitive, attract new talent and retain those who currently call New York home.  

“We applaud Gov. Hochul’s proposal to cut taxes for the middle class to help working people make ends meet. We also support the Governor’s proposed increase to the Child Tax Credit and investments in child care, an issue that impacts residents’ ability to work and employers’ ability to attract and retain talent. We look forward to working with her team to create solutions that fit the needs of working parents and child care professionals.

“CenterState CEO commends the Governor’s plan to expand the Excelsior Jobs Tax Credit Program and build more shovel-ready sites. These programs were integral in attracting and retaining companies such as Micron, TTM Technologies and others. This proposal will make it easier for companies across the supply chain to locate in New York and strengthen the entire industry ecosystem. 

“We support Gov. Hochul’s proposal to start the process for master plan development for advanced nuclear energy in New York State. All clean energy resources and production are essential to Central New York’s technology economy.

“Central New York also needs more safe and affordable housing to accommodate its current residents and those moving to the region for opportunity. We are pleased to see Gov. Hochul’s slate of housing proposals take multiple approaches in their aim to increase supply and meet demand. Strengthening the Pro-Housing Community Program with a $100 million investment, creating the State’s first revolving loan fund for mixed-income rental development outside of New York City and improving tools to unlock housing development will all aid in building much needed housing.

“CenterState CEO looks forward to learning more about the Governor’s pledge to provide additional support to small businesses, including proposals like assisting small businesses with talent attraction, addressing unemployment insurance and other issues facing the entrepreneurs in our communities.”