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Lawmakers Highlight Semiconductors, Bioscience and Centers for Excellence in Budget Push

2712669 · March 19, 2025
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Summary

Members of the Economic Development joint subcommittee touted continuing investments in semiconductor manufacturing, biosciences, and centers for advanced technology, and said the budget includes incentives and tax-credit fixes targeted at agriculture and workforce retention.

Albany — At a joint Economic Development subcommittee session, lawmakers emphasized the state budget—s role in supporting semiconductor manufacturing, biosciences and research centers, and described tax-credit changes intended to help agriculture and workforce retention.

Assemblymember Al Sturpi, co-chair of the subcommittee, said the group would "stay focused in economic development areas like semiconductor manufacturing, unmanned aerial systems, and biosciences," calling those sectors…

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