This “business friendly” policy, in 1995, let GE avoid paying a fine and gave the company a tax write-off. The settlement, reached through the program, let General Electric off the hook for permitting an industrial landfill to burn out of control for nearly a year in Waterford, Saratoga County. The deal allowed the company to avoid paying a fine, gave it a $1.5 million tax write off, and resulted in a boat launch being built near the Columbia County residences of former Environmental Conservation Commissioner Michael Zagata and his chief deputy. These “business-friendly” initiatives were later rescinded.
This “business friendly” policy, in 1995, let GE avoid paying a fine and gave the company a tax write-off. The settlement, reached through the program, let General Electric off the hook for permitting an industrial landfill to burn out of control for nearly a year in Waterford, Saratoga County. The deal allowed the company to avoid paying a fine, gave it a $1.5 million tax write off, and resulted in a boat launch being built near the Columbia County residences of former Environmental Conservation Commissioner Michael Zagata and his chief deputy. These “business-friendly” initiatives were later rescinded.