§ 506. Cap on tax credit. The total amount of tax credits listed on certificates of tax credit issued by the commissioner for any taxable year may not exceed twenty million dollars, and shall be allotted from the funds available for tax credits under the excelsior jobs program act pursuant to section three hundred fifty-nine of this chapter.
Cap on tax credit
N.Y. Economic Development Law § 506, under Semiconductor Manufacturing Workforce Training Incentive Program.
N.Y. Economic Development Law § 506