The role of industrial development agencies and the recent proposals to change the way they operate will be the subject of a State Senate hearing next Wednesday in Buffalo.
The hearing, organized by State Sen. Patrick M. Gallivan, R-Elma, is expected to include testimony from IDA officials, as well as business groups, labor leaders and others.
Erie County currently has six IDAs, and a proposal from Assemblyman Sean Ryan, D-Buffalo, with backing from Erie County Executive Mark Poloncarz, would alter their operations in a way that supporters say would reduce questionable tax breaks that recently have been granted to stores, restaurants and other retail businesses. Representatives from the five IDAs that serve individual towns have said those changes would put them out of business and eliminate a key tool for local economic development.
The hearing will be held from 2 to 4 p.m. in the Central Library at Lafayette Square.