Fact-Based Public Investment
New York’s runaway corporate welfare programs spend $10 billion a year despite mountains of evidence they are ineffective, wasteful and vulnerable to corruption.

To see our positions on bills that fall under this issue area, please see our chart of Reinvent Albany State Bill Memos.

In the News
Fact-Based Public Investment

March 17, 2023 Film Production Subsidies Championed by Governor and Lawmakers The Capitol Pressroom
March 15, 2023 DiNapoli Hits Hochul Budget for Blocking Checks on Contracts The Post Star
March 14, 2023 Reinvent Albany On Billions In Corporate Subsidies Spectrum News
Read More »

From the Blog
Fact-Based Public Investment

March 20, 2023 Groups’ Capitol Presser Calls for Freeze to Corporate Giveaways, Unveils Billboards
March 17, 2023 Subsidy Sheet: Democratic NY Senate and Assembly Back Huge Expansion of Corporate Giveaways
March 14, 2023 Reinvent Albany Review of Assembly One-House Budget
Read More »

Reports and Policy Briefs
Fact-Based Public Investment

March 2023 Major Studies Show Film and TV Tax Credit Programs Create Little Payoff
February 2023 Debunked: 25 Major Studies Showing Corporate Handouts Do Not Work
February 2023 NY Opportunity Zones May Be Subsidizing Guns, Oil, Crypto
Read More »