By now, most of us are well aware of the chaos occurring in Albany and that has, at the very least, delayed important measures. Take, for example, expansion of the state's Rehabilitation Tax Credit Program, which the Senate has passed for a couple of years and has desperately needed Assembly support. Last year, the governor vetoed the measure but it is critical in today's economic climate. As today's secondary editorial states, this is a job creation bill important to upstate.
This rehabilitation stimulus bill expands the tax credit program and the Assembly version has been introduced again by Assemblyman Sam Hoyt, D-Buffalo. Before the political coup earlier this week, the Senate moved quickly to pass the bill introduced by Sense. Antoine M. Thompson, D-Buffalo and David J. Valesky, D-Oneida.
Given the number of historic structures that stand to benefit from this legislation and the critical gap funding this bill provides, this area can hardly stand to see this measure die. The question is whether it can survive the current Albany chaos.
Dawn Marie Bracely/Editorial Writer