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Ulster legislator proposes shutting down county IDA

Sep 04, 2019 12:30 pm
MidHudsonNews [dot] com is reporting Ulster County Legislator Joseph Maloney has introduced legislation requesting the state allow the county to dissolve or decommission its Industrial Development Agency. Maloney supports State Senator James Skoufis’ investigation into IDAs statewide and said people deserve to know how their tax dollars are spent. He said the lack of transparency that exists with IDAs is "frightening." Maloney said, “We are under the impression that people will only want to do business here if we give them a handout and 99.9 percent of the businesses that are functioning in Ulster County right now do it without any help and there are too many consultants getting money from the IDA; there are too many standalone hotels." Read the full story at MidHudsonNews [dot] com.