Kingston, NY – Ulster County Executive Mike Hein met with Senator Gillibrand this morning at an Economic Development Summit in New Windsor, NY to discuss the importance of creating new jobs and helping small businesses in Ulster County.
"One of the biggest issues facing small businesses is access to capital," said County Executive Hein. "I shared information with the Senator about Ulster County’s banking consortium model being successfully replicated across the state and asked that she focus her efforts on job creation in the Hudson Valley."
Senator Gillibrand recently authored legislation to cut taxes for businesses that create new jobs. The new legislation would provide businesses a tax cut worth 15 percent of the cost of a new job. Small businesses would receive an additional 5 percent – cutting 20 percent of their increased payroll costs.
Other topics the County Executive and the Senator discussed included the unfair burden New York State’s property tax system places on citizens and local businesses and the need for the Senator to continue opposing unfunded mandates from the state and federal governments. The Senator committed to vote to oppose federal unfunded mandates.
Throughout his administration, County Executive Hein has taken every opportunity to assist Ulster County’s businesses to grow and thrive. Extensive efforts have been made on behalf of manufacturers, small and family-owned businesses and Main Street.
Ulster County was well represented at this Hudson Valley Economic Development Corporation-sponsored event. In attendance were representatives from the Ulster County Development Corporation, the Mid Hudson Small Business Development Center, the New Paltz Regional Chamber of Commerce, the Ulster County Chamber of Commerce, and local area businesses including the Seven21 Media Center.
County Executive Hein looks forward to a continuing collaboration with Senator Gillibrand on these and other issues affecting local businesses and taxpayers.