Press Releases
SCHUMER-SPONSORED STARTUP R&D TAX CREDIT INCLUDED IN MUST-PASS EXTENDERS BILL; WOULD MAKE R&D CREDIT PERMANENT AND ALLOW ROCHESTER-AREA STARTUP COMPANIES TO RELIABLY TAP INTO R&D TAX CREDITS THAT ARE CURRENTLY RESTRICTED TO COMPANIES WITH ALREADY ESTABLISHED REVENUE STREAMS
2014 R&D Credit Expired And Was Pegged to Income Taxes, Start-Ups in Rochester Don't Have Same Opportunities to Use Program; Schumer-Roberts-Coons Secured Legislation In Must-Pass Tax bill Would Make R&D Credit Permanent With Provision to Allow Startup Companies to Claim Tax Credit Against Payrolls Taxes As Opposed to Income Taxes Schumer Legislation Would be Boost for High-Tech Rochester, New Downtown Innovation Zone, New Photonics Companies, Efforts to Grow Businesses and Commercializ… Continue Reading
12.17.15
SCHUMER SECURES VITAL FEDERAL FUNDING TO INVEST IN NANOTECH INNOVATION THAT WILL BENEFIT HIGH-TECH EASTMAN BUSINESS PARK COMPANY; CERION TECHNOLOGY CAN NOW PARTNER WITH U.S. ARMY TO DEVELOP NEW CUTTING EDGE NANOTECHOLOGY
Schumer Pushed To Increase Funding In FY16 Omnibus Bill For U.S. Army Manufacturing Technology Program To Create Nanomaterial For Next-Generation Army Ammunition Program Will Enable Cerion to Create New Nanomaterial R&D And Production Capability At Eastman Business Park, Supporting Troops And Local Jobs U.S. Senator Charles E. Schumer announced today he has helped secure $60 million for the U.S. Army Manufacturing Technology Program (ManTech) that will be used to fund projects to advance d… Continue Reading
12.17.15
SCHUMER ANNOUNCES, AFTER HIS PUSH, CONGRESS HAS EXTENDED CRITICAL FEDERAL PERKINS STUDENT LOAN PROGRAM – SCHUMER PUSHED FOR EXTENSION TO ENSURE NY STUDENTS WERE NOT LEFT IN THE LURCH & COLLEGES WERE NOT LEFT HOLDING THE BAG
The Perkins Student Loan Program Expired On September 30th, 2015 - Schumer Fought To Secure Extension Of Program, Citing It Could Jeopardize The Education Of Students Across the Country Who Rely On Perkins Program To Attend College Schumer: With College Costs Skyrocketing, Renewing Perkins Loan Program Will Continue Vital Lifeline For Thousands Of Struggling Students U.S. Senator Charles E. Schumer today announced that the Senate has passed a two-year extension of the Federal Perkins Loan prog… Continue Reading
12.17.15
SCHUMER ANNOUNCES PERMANENT EXTENSION OF ‘EARNED INCOME TAX CREDIT’ & ‘CHILD TAX CREDIT’ INCLUDED IN JUST-UNVEILED TAX PACKAGE; SENATOR & NY LEADING ANTI-POVERTY ADVOCATES HAVE PUSHED FOR PERMANENT EXTENSION OF CRITICALLY-NEEDED TAX CREDITS FOR WORKING FAMILIES
The "Earned Income Tax Credit" & "Child Tax Credit" Have Lifted 10 Million People, Including More Than 5 Million Children, Out of Poverty While Bringing Parents Back into the Workforce; Critical Provisions in Both Tax Credits Were Scheduled to Expire in 2017 Schumer Successfully Pushed to Include These Tax Credits Permanent in the Tax Extenders Package; Permanent Tax Credits Would Mean That These Families Would Not Have to Worry About Losing Out on Critical Benefits U.S. Senator Charles E.… Continue Reading
12.17.15
SCHUMER ANNOUNCES JUST-UNVEILED OMNIBUS INCLUDES CRITICAL PROVISIONS THAT WILL HELP ELIMINATE UNFAIR DISPARITIES IN PUERTO RICO’S MEDICARE PROGRAM; WITH PUERTO RICO DANGLING ON THE ABYSS OF FISCAL MELTDOWN, SENATOR WILL CONTINUE TO PUSH FOR BIPARTISAN SOLUTIONS TO HELP PUERTO RICO ADDRESS DIRE ECONOMIC ISSUES
Currently, Puerto Rico Hospitals Are Paid A Medicare Base Rate That is 14 Percent Lower Than Hospitals in the States; Just-Released Omnibus Changes That By Providing Puerto Rico Hospitals With Same Base Payment Rate as Hospitals in the States; New Law Means That Puerto Rico Hospitals Could Be Provided With An Additional $600M Between 2016-2025 Omnibus Bill Also Provides Puerto Rico Hospitals With Bonus Payments If They Use Electronic Health Records; Bonus Payments Under Medicare Are Already Pro… Continue Reading
12.16.15
SCHUMER, GILLIBRAND, MALONEY ANNOUNCE MORE THAN $3.5 MILLION IN FEDERAL AID FOR HIGHLAND FALLS SCHOOL DISTRICT IN JUST-UNVEILED OMNIBUS BILL – PASSAGE IN CONGRESS WOULD SEND LEGISLATION TO PRESIDENT’S DESK
Omnibus Spending Bill Secures about $3.5 Million in Federal Aid To Highland Falls School District For FY2016 That Could Have Been Lost For Years, Schumer, Gillibrand & Maloney Have Worked to Boost Funding for Cash-Strapped Highland Falls School District - Because District Land is 93% Tax Exempt, Highland Falls Has Very Small Tax Base, That Has Led to Property Tax Increases and School Closures Over The Years Schumer, Gillibrand, Maloney: Fed Aid A Big Win For Highland Falls Taxpayers U.S.… Continue Reading
12.16.15
SCHUMER ANNOUNCES EXTENSION OF VITAL TAX BENEFIT FOR MASS TRANSIT COMMUTERS INCLUDED IN JUST-UNVEILED TAX PACKAGE; LEGISLATION PERMANENTLY EXTENDS MASS TRANSIT BENEFIT WHICH SAVES SUBWAY, LIRR AND OTHER MASS TRANSIT COMMUTERS OVER $1,000 PER YEAR
Over 300K Commuters Who Take LIRR Daily Were Eligible to Receive Up to $250 in Pre-Tax Savings in 2014 On LIRR Commute Each Month Until the Provision Expired Jan 1st of This Year Dropping Monthly Savings to $130 Schumer Successfully Pushed to Reinstate and Extend Commuter Benefit At Rate of $250 for 2015 and $255 for 2016 in Monthly Pre-Tax Savings Legislation Would Permanently Provide Much-Needed parity Between Commuters Who Drive & Those Who Use Mass Transit … Continue Reading
12.16.15
FOLLOWING YEARS OF WORK, SCHUMER SECURES MAJOR VICTORIES FOR UPSTATE NEW YORK IN RECENTLY ANNOUNCED FEDERAL BUDGET
Schumer Announces That The Bipartisan Budget Bill Is Filled With Dozens Of Important Victories For Upstate New York Schumer Successfully Pushed For Funding Priorities Including HOME Funding, SAFER Grants for Firefighters, HIDTA Funding to Combat Drug Crime, Water-Sewer Grants & More Schumer: Budget Bill Is A Major Win For Upstate NY U.S. Senator Charles E. Schumer today announced, following years of work, major victories that will greatly help Upstate New York were included in the recen… Continue Reading
12.16.15
SCHUMER SECURES $105M TO REBUILD & UPGRADE ALEXANDRIA BAY BORDER CROSSING; PROJECT HAS BEEN PLANNED FOR NEARLY A DECADE BUT STALLED BECAUSE OF A LACK OF FUNDING – SCHUMER SAYS BUDGET DEAL WILL FINALLY UNLOCK CRITICAL INVESTMENT AND IMPROVE REGIONAL ECONOMY
Federal Budget Agreement Includes Provision to Fully Fund Renovations to Alexandria Bay Border Crossing - Project Has Been Top Regional Priority for Years Schumer Pushed for Necessary Funding to Upgrade the Alexandria Bay Broder Crossing, Which Handles Hundreds of Thousands of Vehicles and Over 1.5 million Passengers a Year Schumer: Alexandria Bay Border Crossing Project - Lynchpin of the Local Economy – Finally Approved for Entry Today, Senator Schumer announced that the federal budget… Continue Reading
12.16.15
AS NEW ROCHESTER MARINA OPENS NEXT YEAR, SCHUMER SECURES $2.3 MILLLION FED FUNDS FOR ARMY CORPS TO FULLY DREDGE ROCHESTER HARBOR; IN MARCH, SCHUMER URGED FED APPROPRIATORS TO ALLOCATE $2.3 MILLION TO EFFORT – KEEPING ROCHESTER HARBOR NAVIGABLE IS CRITICAL FOR SAFETY, BOATERS, & LOCAL ECONOMY
Dredging Funding Particularly Important Since New City of Rochester Marina Opens for Business, Boaters Next Year; Schumer Secured $1.5 Million Federal Grant in 2011 to Help Construct Marina Schumer Pushed to Secure Fed Funding As Part of FY2016 Budget - The Cost of Not Dredging the Rochester Harbor Could Mean a Loss of Commercial and Recreation Revenue & Could Put Local Jobs At Risk Schumer: Fed Funds Can Now Keep Rochester Harbor Clear For Commerce & Recreation Today, U.S. Senator … Continue Reading
12.16.15
SCHUMER, GILLIBRAND ANNOUNCE MORE THAN $70 MILLION IN FED FUNDING FOR ROCHESTER INSTITUTE OF TECHNOLOGY’S NATIONAL TECHNICAL INSTITUTE FOR THE DEAF IN JUST-UNVEILED OMNIBUS BILL – PASSAGE IN CONGRESS WOULD SEND LEGISLATION TO PRESIDENT’S DESK
Schumer, Gillibrand Pushed Hard For Funds That Would Help Deaf And Hard-Of-Hearing New Yorkers Get Education and Find Jobs U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced that the Omnibus spending bill - a must-pass bill that funds the federal government through the end of the fiscal year - includes $70 million in funding for Rochester Institute of Technology's National Technical Institute for the Deaf (NTID), which is a much-needed increase of $3 million from last year'… Continue Reading
12.16.15
SCHUMER ANNOUNCES PERMANENT EXTENSION OF CRITICAL “TEACHER TAX BREAK” INCLUDED IN JUST-UNVEILED TAX PACKAGE; WOULD HELP THOUSANDS OF NY TEACHERS SAVE UP TO $250 PER YEAR IN TAX DEDUCTIONS ON SCHOOL SUPPLIES – EXPIRED IN 2014, PERMANENT RENEWAL WOULD HELP OFF-SET COSTS FOR TEACHERS WHO DIP INTO THEIR OWN POCKETS TO PURCHASE SUPPLIES FOR CLASSROOM
The Average NYS Teacher Spends a Whopping $485 Per Year Out-of-Pocket To Help Educate Our Kids - Important Tax Benefit That Helps Make Purchasing School Supplies More Affordable Expired in 2014; In Total Over 65K Teachers in NYC Would Be Able to Deduct Up To $16M Schumer Announces Federal Tax Package Would Make This This Important Benefit for NY Teachers A Permanent Part of The Tax Code - Tax Benefit Will Help Teachers Save & Bring More Supplies Into NY Classrooms to Help Our Kids Learn U.… Continue Reading
12.16.15
SCHUMER, GILLIBRAND ANNOUNCE $19 MILLION IN FEDERAL FUNDING FOR STATE-OF-THE-ART FT. DRUM MILITARY TRAINING ACADEMY IN JUST-UNVEILED OMNIBUS BILL – PASSAGE IN CONGRESS WOULD SEND LEGISLATION TO PRESIDENT’S DESK
Current Non-Commissioned Officers Academy Is An Old, Deteriorating Building And Poses Numerous Safety Risks; New Facility Would Reduce Operating Costs, Streamline Training Schumer: Funding For New State-of-the-Art Facility Means New Jobs & Better Training for Fort Drum Soldiers U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced that the Omnibus spending bill - a must-pass bill that funds the federal government through the end of the fiscal year - includes $19 million… Continue Reading
12.16.15
SCHUMER ANNOUNCES OVER $157 MILLION IN FEDERAL FUNDS FOR LOCKHEED MARTIN SALINA’S HIGH-TECH SURVEILLANCE RADAR SYSTEM PROGRAMS IS INCLUDED IN JUST-UNVEILED OMNIBUS BUDGET BILL – PASSAGE IN CONGRESS WOULD SEND LEGISLATION TO PRESIDENT’S DESK
Funding Would Keep Radar Production Programs on Track & Help Maintain Salina Jobs - Bill Includes $157.19 Million for Continued Production of High-Tech, Long-Range Surveillance Radars, Produced By Lockheed Martin in Salina Schumer: This Investment Will Allow Lockheed Martin Salina To Stay At The Forefront Of Radar Technology & Protect Troops Overseas With Critical Equipment Systems U.S. Senator Charles E. Schumer announced today that the Omnibus spending bill - a must-pass bill that fu… Continue Reading
12.16.15
FOLLOWING SCHUMER PUSH, FEDERAL FUNDING BILL WILL INCLUDE $1.285M TO FULLY DREDGE OSWEGO HARBOR; IN MARCH SCHUMER URGED FED APPROPRIATORS TO ALLOCATE FUNDING TO KEEP OSWEGO HARBOR NAVIGABLE BECAUSE IT IS CRITICAL FOR SAFETY & LOCAL ECONOMY
Despite the Fact that Dredging Is Needed Every 3-4 Years for Oswego Harbor to Maintain a State of Good Repair, The Last Major Dredging Has Not Occurred Since 2008; Schumer Successfully Secured Funding in This Budget To Fully Dredge Harbor for First Time in Nearly 7 Years Schumer Secures Fed Funding for Oswego As Part of FY2016 Omnibus Budget Bill, Paving Way for Major Harbor Dredging Project Schumer: Federal Budget Has Early Christmas Gift for Oswego Harbor Today, U.S. Senator Charl… Continue Reading
12.16.15
SCHUMER ANNOUNCES PERMANENT EXTENSION OF CRITICAL “TEACHER TAX BREAK” INCLUDED IN JUST-UNVEILED TAX PACKAGE; WOULD HELP THOUSANDS OF UPSTATE NY TEACHERS SAVE UP TO $250 PER YEAR IN TAX DEDUCTIONS ON SCHOOL SUPPLIES – EXPIRED IN 2014, PERMANENT RENEWAL WOULD HELP OFF-SET COSTS FOR TEACHERS WHO DIP INTO THEIR OWN POCKETS TO PURCHASE SUPPLIES FOR CLASSROOM
The Average NYS Teacher Spends a Whopping $485 Per Year Out-of-Pocket To Help Educate Our Kids - Important Tax Benefit That Helps Make Purchasing School Supplies More Affordable Expired in 2014; In Total, Over 100K Teachers in Upstate NY Would Be Able to Deduct Up To $25M Schumer Announces Federal Tax Package Would Make This This Important Benefit for NY Teachers A Permanent Part of The Tax Code - Tax Benefit Will Help Teachers Save & Bring More Supplies Into NY Classrooms to Help Our Kid… Continue Reading
12.16.15
SCHUMER, GILLIBRAND ANNOUNCE $68 MILLION IN FUNDING FOR ROCHESTER LASER LAB INCLUDED IN JUST-UNVEILED OMNIBUS SPENDING BILL – PASSAGE IN CONGRESS WOULD SEND LEGISLATION TO PRESIDENT’S DESK
Schumer & Gillibrand Have Long Fought to Keep U of Rochester At The Cutting Edge of High-Tech Energy Research - Rochester Laser Lab Will Now Receive, $68 Million in Funding for Its OMEGA Laser Federal Funds Will Go to Critical Programs That Protect Nation, Maintain Over 300 Jobs in New York Schumer, Gillibrand: Funding Will Help Keep Rochester at the Forefront of Laser Technology and Guarantees It Plays A Role In Solving Critical Problems for Our Nation U.S. Senators Charles E. Schumer… Continue Reading
12.16.15
SCHUMER ANNOUNCES $1.3 BILLLION IN FED FUNDING SECURED FOR NAVAL REACTORS; PROVIDES FUNDING CAPITAL REGION’S KESSELRING NEEDS TO KEEP TRAINING PROGRAM RUNNING
Schumer Fought to Protect & Secure More Funds to Keep Kesselring Site in West Milton & Knolls Atomic Power Lab in Niskayuna Thriving Knolls Atomic Power Laboratory's (KAPL) Kesselring Site in West Milton Employs 700 & Trains 1,000+ Navy Personnel - Schumer Has Long Fought To Keep Program Funded At Highest Levels Possible In Order To Help Keep Sites Like Kesselring Prosperous U.S. Senator Charles E. Schumer today announced that the Omnibus spending bill - a must-pass bill that fund… Continue Reading
12.16.15
SCHUMER SECURES MAJOR VICTORY FOR UPSTATE NEW YORK APPLE PRODUCERS; JUST UNVEILED EXTENDERS PACKAGE INCLUDES MODERNIZED DEFINITION OF HARD APPLE CIDER – PROVISION WOULD LOWER TAXES ON PRODUCT, IMPROVE ABILITY TO COMPETE IN FOREIGN MARKETS, INCREASE SALES FOR APPLE GROWERS ACROSS NY STATE
Schumer Bill - The CIDER Act - Included in Must-Pass Extenders Package Would Provide Revised Definition of Hard Cider to Ensure All Products Can Be Labeled & Taxed Like Hard Cider, Not Higher Rate For Wine – Allows Producers that Often Suffer from Frost & Bad Weather to Add New Stable Source of Income NY Has Hundreds of Apple Growers & Increasing Number of Hard Cider Producers – Legislation Would Boost Business for Existing Producers, Help New Growers Add Highly Popular … Continue Reading
12.16.15
SCHUMER, GILLIBRAND ANNOUNCE JUST-UNVEILED OMNIBUS BILL HAS MORE THAN $91 MILLION IN FEDERAL FUNDING FOR DOD SCIENCE & TECH PROGRAM TO HELP BUFFALO’S CUBRC – PASSAGE IN CONGRESS WOULD SEND LEGISLATION TO PRESIDENT’S DESK
CUBRC, A Buffalo-Based Independent Not-For-Profit Research Entity, Depends on DOD's Science And Technology Program for its Large Energy National Shock Tunnel (LENS) Complex - But DOD's Program Budget Has Been Cut 10% Over The Past Few Years Schumer, Gillibrand Urged Appropriators to Restore Funding to Previous Levels to Help Buffalo’s CUBRC Continue to Innovate & Grow Schumer, Gillibrand: Funding Will Continue CUBRC's Cutting-Edge Work & Support 130 High-Tech Jobs in Western Ne… Continue Reading
