New York gives out billions of dollars in taxpayer funded subsidies each year, with little to no standards in return for our hard-earned tax dollars.
Right now, New York ranks in the bottom 11 states for procurement reform and demanding maximum return on investment for taxpayer funded subsidies.
If New York passes legislation that clearly defines "public works" we can close a loophole currently being exploited by developers and finally ensure public subsidies come with public responsibilities.
Mandating wage standards on public works would boost New York’s economy and help add $3.5M-$6.9M in annual sales tax revenue.
With April 1st quickly approaching, time is running out to pass legislation that can uplift hardworking New Yorkers with family-sustaining wages.