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
Sensible Public Investment

June 20, 2025 NY Bill Ending Opportunity Zone Tax Credit Fails To Pass Finger Lakes May 14, 2025 ReInvent Albany Pushes Back on Billions of Dollars in Corporate Subsidies Spectrum News April 28, 2025 ​​Cuomo Won’t Release Consulting Clients From His Time out of Public Eye Politico April 19, 2025 NYC Mayoral Hopeful Adrienne Adams Helped Funnel More Than $3M in Taxpayer Funds to Queens Church, Affiliated Non-Profits New York Post
Read More

From the Blog
Sensible Public Investment

July 11, 2025 Subsidy Sheet: OZ Extension Just One of Trump Budget Provisions That Could Cost NY Billions Read more July 3, 2025 Subsidy Sheet: NJ city data shows state-subsidized businesses employ few locals and pay them lower wages Read more June 27, 2025 Albany Convention Center Seeks $54m Expansion, New Nuke Plant Could Compound State Costs Read more June 20, 2025 Subsidy Sheet: Congress Could Make OZs Even Worse, Micron Road Upgrades to Cost NY $375m Read more
Read More

Reports and Policy Briefs
Sensible Public Investment

May 2024 Upstate Law Firms Reap Undisclosed Millions from IDA Deals that Cost Public Billions Read more April 2024 IDAs Have Perverse Incentive to Give Away Tax Dollars Read more July 2023 “Open ESD” Report Recommends Major Reforms for Secretive State Authority Read more April 2023 New Report Shows Buying Influence Works Read more
Read More