• Despite generous tax breaks in recent years by Industrial Development Agencies, New York State has reduced tax breaks for retail businesses as part of the state's budget deal.
• Opponents of the tax breaks given by development agencies in the past charge they are given by development agencies simply to generate income in order to keep themselves in business.
• The new state law affects hotel and retail business, but many retailers in tourist destinations, highly distressed areas and troublesome brick-and-mortar storefront locations will remain eligible.

From the article:

"... 'The auto dealership, the Mini Cooper, they were going to do the deal regardless because they wanted to do that, same thing with Paula's Donuts, same thing with Premier Liquor, we should not be giving them tax breaks, rewarding them for things that they're going to do otherwise.' ..."