Governor Andrew Cuomo paid a visit to Ithaca today to promote his economic development agenda.
Cuomo is promoting what he has dubbed “Tax Free New York”—a proposal that would make university campuses and their surrounding communities completely tax free for ten years.
He says the tax-free initiative is meant to encourage start-up companies to stay in New York.
“They are start-up businesses that are connected to the college or the university, which is where most of the jobs are coming from,” Cuomo said. “We want to keep those jobs here.”
He says the ten-year incentive will encourage families and businesses to establish roots in the state.
While the governor was promoting his economic agenda in Ithaca, hundreds of anti-fracking protesters gathered outside calling on Cuomo to ban fracking.
The governor has said he is waiting for the results of a review of fracking by the state’s health commissioner before he makes a decision.
The rally was organized by New Yorkers Against Fracking, Frack Action and local residents.