UPSTATE REVITALIZATION (CCP) ……………………….. 1,500,000,000
20                                                            ————–
21    Capital Projects Funds – Other
22    Dedicated Infrastructure Investment Fund
23    Infrastructure Investment Account
24    Upstate Revitalization Purpose

The sum of $1,500,000,000 is hereby appropriated for the upstate revitalization initiative. Funds appropriated  herein shall be for services and expenses, loans, grants,  workforce  development,  business and  tourism plan development, costs associated with program administration,  and the  payment of personal services, nonpersonal  services  and   contract   services provided   by  private  firms to support economic development  projects,  including the  payment of liabilities incurred prior to April 1, 2015. Funding will be pursuant to a plan developed by the chief executive officer of the New York state urban development corporation and based on a  competitive selection process among the regional economic  development councils (R.E.D.C’s) and  will  support  initiatives  based on anticipated  job creation  and  economic development benefits.  Such moneys will be awarded by the New York state urban development corporation at its discretion.  All or  a  portion  of  the funds appropriated hereby may be suballocated or  transferred to   any  department,  agency,  or  public authority (910115UR) ………………… 1,500,000,000

You may also like

Switching to Electric Home Heating Could Add Thousands to Energy Bills

FOR IMMEDIATE RELEASE: ALBANY, N.Y. that heating an average home from October to March would cost approximately $790 with natural gas, compared with $1,100 with a heat pump and $3,300 with electr Read More

Hochul’s Energy Infrastructure Plan Gets the Diagnosis Right but Offers No Prescription

Editor’s note: Roger Caiazza is an adjunct fellow at the Empire Center. He has a long and deep private industry background in environmental regulatory analysis and compliance. His frequently updated personal blog on New York State environmental poli Read More

Poll: 64% of New Yorkers Back Eliminating the State Income Tax; 67% Say State Taxes Aren’t Delivering

Dissatisfaction spans party and regional lines as broad majorities rally behind sweeping tax reform FOR IMMEDIATE RELEASE: ALBANY, N.Y. - New Yorkers are delivering a blunt assessment of the state’s tax system: 67% say they ar Read More

New Yorkers Want to Eliminate the Income Tax

Summary New Yorkers have reached a clear verdict: The state’s tax system is not delivering. A full 67% say they are not getting good value for their tax dollars, while 64% support eliminating the state income tax. Read More

SUNY Research Foundation Payroll Tops $400 Million

Payroll records for 8,401 employees of the Research Foundation for the State University of New York (RF SUNY) for fiscal year 2026 are , the Empire Center's government transparency website. The Research Foundation is a private, nonprofit educational co Read More

Newly Retired NYC Firefighters Average Over $177k In Pensions

New York City firefighters and fire officers retiring last year after full careers were entitled to average annual pension benefits of $177,016, according to , the Empire Center's government transparency website. Among the 499 new retirees with at leas Read More

New York Annual Household Electricity Costs Rise $270

FOR IMMEDIATE RELEASE ALBANY, N.Y. — New York’s average residential electricity price reached 29.90 cents per kilowatt-hour (kWh) in July 2026, the fifth highest in the nation and 63.3 percent Read More

Energy Data Bulletin September 2026

September 2026 Summary and Insights Electricity. In June 2026, New York had the nation's fifth-highest residential electricity price at 29.49 cents per kilowatt-hour (kWh), 60.8 percent above the U.S. average. Prices d Read More