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economic recovery

January 15, 2021 - 3:08pm

Press release:

Assemblyman Steve Hawley announced today with his Assembly Minority colleagues the “Jump-Start New York” plan for economic recovery.

It's a comprehensive package of legislative proposals that would restore the power of the Legislature by reining in Gov. Cuomo’s executive powers and focus New York’s available financial resources toward economic recovery for “nonessential” small businesses that have lost income due to the governor’s pandemic restrictions through direct aid grants. 

“This package of legislation does exactly what we need to be doing right now in our state, getting the Legislature back to work for the communities they represent and helping the small businesses and families within those communities that have suffered for far too long under onerous restrictions imposed by the governor using his expanded powers,” Hawley said. 

The program’s funds would be drawn from unallocated settlement funds and capital programs such as START-UP NY, and additional stimulus would be made available by making small businesses eligible for the Film Tax Credit.

Additionally, these small businesses would be granted a 180-day grace period to remedy regulatory violations without being fined and also be granted an extra 180 days to file their sales taxes. The legislative package would assist “nonessential” businesses located within the governor’s Red and Orange Zones by prompting a reevaluation of the businesses that could open, while maintaining proper social distancing practices.

In addition, Jump-Start New York would give targeted relief to farmers and renters who have had their incomes impacted by Gov. Cuomo’s restrictions during COVID-19. Landlords who have gone without income would receive a tax credit to help offset their losses, while farmers would see regulatory expenses and requirements loosened and eligibility standards for funding broadened.

The package would also assist farmers and rural business owners in general by expanding rural broadband access, which would help them expand their markets among other benefits.

“Focusing available financial resources on our small businesses that have been struggling to remain operational is just common sense, so I’m hopeful we see ‘Jump-Start New York’ get passed for the sake of the small business owners and their employees who have had their lives upended this last year,” Hawley said.

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