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What you need to know for 04/25/2017

Cuomo names 3 to board for tax-free NY plan

Cuomo names 3 to board for tax-free NY plan

New York Gov. Andrew Cuomo has announced the approval board for the state program to give new employ

ALBANY — New York Gov. Andrew Cuomo has announced the approval board for the state program to give new employers and their employees 10 years of tax-free living if they locate on or near college campuses.

Called Start-Up New York, the program meant to attract new businesses was approved by the Legislature last June.

The Approval Board will be responsible for the evaluation and approval of private university and college plans as designated tax-free areas.

Members are Edward Cupoli, Abraham Lackman and Andrew Kennedy.

Chosen by the state Assembly, Cupoli is professor emeritus of NanoEconomics at the State University at Albany.

Lackman, chosen by the state Senate, is senior officer for civic affairs at the Simons Foundation.

Chosen by Cuomo, Kennedy is the governor's assistant secretary for economic development.

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