Governor Kathy Hochul today unveiled proposals to support small businesses, grow New York’s economy, and invest in the workforce as part of her 2025 State of the State. Governor Hochul’s economic development and workforce proposals include new access to capital for small businesses, free community college degrees for adults pursuing degrees in in-demand fields, enhancing the performance based Excelsior Jobs Tax Credit with a new tier for semiconductor supply chain companies, and protecting workers from wage theft.