New York Disses Nuisance Fees

feesIn an attempt to encourage businessmen in the capital, Governor Andrew M. Cuomo recently signed a repeal to rid the state of what has been termed “nuisance fees.” This forms part of the state budget package.

According to Cuomo what this will result in is an “eliminate[ion of] unnecessary costs and paperwork, helping to allow these businesses to reinvest and grow in New York.”

The eliminated fees generate approximately $3million revenue, and have been imposed on 300,000 individuals and entities in the state of New York.