Title COM, Economic Development Law

§ 212. Reporting. The department shall: 1. Monitor the performance of each entrepreneurial assistance center and require quarterly and annual reports from each entrepreneurial assistance center at such time and in such a manner as prescribed by the commissioner. 2. Evaluate the …

§ 215. Come home to New York program. 1. There is hereby established in the department a "come home to New York" program to encourage the return of native New Yorkers to the state by establishing a local network of outlets designed to assist native New Yorkers in returning, relo…

* § 220. Powers and duties of the commissioner. The commissioner acting by and through the department shall have the power and it shall be his or her duty: 1. To coordinate the international economic activities of the state including any international economic activities of the …

* § 221. Export trade development projects. 1. The commissioner is hereby authorized to provide assistance to export trade development projects designed to encourage and assist businesses, industrial firms or industry groups to engage in export trade and to coordinate other stat…

* § 222. International marketing and trade leads. The department shall market products and services from New York sources and provide information as to how foreign importers may obtain such products and services. Through the program, the department shall seek to develop or cause…

* § 223. Reporting. The department shall: 1. Monitor the performance of each export trade development project and require periodic and annual reports from each such project at such time and in such manner as prescribed by the commissioner; 2. Evaluate the effectiveness of the ex…

* § 224. Export diagnostic and market development program. 1. Definitions. As used in this section, the following terms shall have the following meanings, unless a different meaning appears from the context: (a) "Eligible applicant" shall mean (i) a small or medium sized busines…

* § 225. Export finance service. 1. Definitions. As used in this section, the following terms shall have the following meanings, unless a different meaning appears from the context: (a) "Export finance" shall mean pre-order financing to support market development activities prio…

§ 230. Economic development regions. 1. The department shall establish economic development regions of the state and shall establish within each region at least one regional office. 2. The boundaries of regions shall be based on factors including, but not limited to: (a) interde…

§ 231. Regional offices. 1. The department, through its regional offices, is authorized: (a) to serve as a center for information regarding economic development resources available from state, federal and local agencies; (b) to provide outreach to businesses, with attention to s…

§ 232. Assistance of other agencies. To effectuate the purposes of this article, the commissioner may request from any department, division, board, bureau, commission or other agency of the state or from any public benefit corporation or public authority, and the same are author…

§ 235. Definitions. As used in this article, the following words and terms shall have the following meanings: 1. "Eligible applicants" include nonprofit organizations, associations or agencies. Eligible projects must focus on a specific sector or industry cluster with a high pot…

§ 236. Application. 1. The commissioner shall, within three months of the effective date of this article, issue a request for proposals for the business marketing program that shall include, but not be limited to: the objectives of the program; the scoring that shall be applied …

§ 237. Matching funds for eligible applicants. 1. No matching funds shall exceed the sum of two hundred fifty thousand dollars or fifty percent of the total cost of implementation of the marketing plan, whichever is less. 2. No more than ten percent of funds awarded shall be use…

§ 238. Payments of funds to eligible applicants. Upon submission and approval of each application and the authorization of funds by the commissioner in accordance therewith, the commissioner shall give notice to the eligible applicant of such approval and authorization, and shal…

§ 239. Reporting requirements. 1. Each funding recipient shall provide an annual financial statement prepared according to generally accepted accounting principles to the commissioner, the speaker of the assembly and the temporary president of the senate. 2. The department shall…

§ 240. Powers and duties of the commissioner. The commissioner acting by and through the department shall have the power and it shall be his duty: 1. To assure that comprehensive, reliable and timely information and research is available for effective economic development effort…

§ 241. Advisory council on economic information and research. 1. The commissioner is authorized and directed to appoint the advisory council on economic information and research, to advise and assist him in an ongoing review of the state's economic information and research needs…

§ 242. Reports on the digital gaming industries in New York. 1. The department of economic development shall file a report on a biannual basis with the director of the division of the budget and the chairpersons of the assembly ways and means committee and senate finance committ…

§ 250. Industrial infrastructure development program. 1. Definitions. As used in this article, unless a different meaning clearly appears from the context, the following terms shall have the following meanings: (a) "Eligible applicant". Eligible applicants may submit proposals t…

§ 260. Legislative findings and objectives; waste prevention. The legislature hereby finds and declares that there are ever increasing opportunities to promote economic development and enhance the environment through waste prevention. Whether through better environmental managem…

§ 261. New York state waste prevention program. 1. As used in this section, unless a different meaning clearly appears from the context, the term: a. "Financing institution" shall mean and include all banks, trust companies, savings banks, savings and loan associations and credi…

§ 262. New York state agricultural wastewater energy conservation loan program. 1. Definitions. As used in this section, unless a different meaning clearly appears from the context, the term: a. "Financing institution" shall mean and include all banks, trust companies, savings b…

§ 263. Waste reduction and recycling program. 1. When used in this section, "solid waste" or "waste" shall have the same meaning as is found in subdivision one of section 27-0701 of the environmental conservation law, but shall not include source, special nuclear or by-product m…

§ 264. Waste prevention assistance. 1. Definitions. As used in this section, unless a different meaning clearly appears from the context, the term: a. "Applicant" shall mean a municipality or two or more municipalities or a non-profit organization. b. "Cost" shall mean the capit…

§ 340. Short title. This article shall be known, and may be cited, as the "olympic games facilitation act".

§ 341. Statement of legislative intent. It is the intent of the legislature to provide the necessary assurances and commitments required by the United States olympic committee and the international olympic committee in selecting a host city or municipality for the two thousand t…

§ 342. Definitions. As used in this article, the following words and terms shall have the following meanings: (a) "Comptroller" shall mean the state comptroller. (b) "Division of budget" shall mean the state of New York division of budget. (c) "Endorsing municipality" shall mean…

§ 343. Use and amount of funds. Any monies deposited, transferred or otherwise contained in the olympic games guaranty fund established in section eighty-four-a of the state finance law shall be used for the sole purpose of obtaining adequate security, acceptable to the United S…

§ 344. Payor of last resort. The state and endorsing municipality shall be payors of last resort with regard to any net financial deficit as defined in this act. The security provided pursuant to this act may not be accessed to cover any net financial deficit indemnified by the …

§ 345. Execution of contracts. (a) The secretary of state, or his designee, on behalf of the state, and the endorsing municipality may execute a games support contract that is required by a site selection organization in connection with the committee's bid to host an olympic gam…

§ 346. Additional insureds. The local organizing committee shall list the state and the endorsing municipality as additional insureds on any policy of insurance purchased by the local organizing committee to be in effect in connection with the preparation for and conduct of the …

§ 347. Authority of state agencies. All agencies of the state are authorized, but are not required, to make and enter into agreements with the local organizing committee to provide the local organizing committee with: (a) such public services as are customarily performed or avai…

§ 348. Local organizing committee; responsibilities. (a) The local organizing committee may not engage in any conduct that reflects unfavorably upon this state, the endorsing municipality, or the olympic games, or that is contrary to law or to the rules and regulations of the Un…

§ 350. Short title. This article shall be known and may be cited as the "excelsior jobs program act".

§ 351. Statement of legislative findings and declaration. It is hereby found and declared that New York state needs, as a matter of public policy, to create competitive financial incentives for businesses to create jobs and invest in the new economy. The excelsior jobs program a…

§ 352. Definitions. For the purposes of this article: 1. "Agriculture" means both agricultural production (establishments performing the complete farm or ranch operation, such as farm owner-operators, tenant farm operators, and sharecroppers) and agricultural support (establishm…

§ 353. Eligibility criteria. 1. To be a participant in the excelsior jobs program, a business entity shall operate in New York state predominantly: (a) as a financial services data center or a financial services back office operation; (b) in manufacturing, including in animal an…

§ 354. Application and approval process. 1. A business enterprise must submit a completed application as prescribed by the commissioner. An application made by an entertainment company must be submitted by June first, two thousand fifteen, except for an application made by an en…

§ 355. Excelsior jobs program credit. 1. Excelsior jobs tax credit component. A participant in the excelsior jobs program shall be eligible to claim a credit for each net new job it creates in New York state. In a project that is not a green project, the amount of such credit pe…

§ 356. Powers and duties of the commissioner. 1. The commissioner shall promulgate regulations establishing an application process and eligibility criteria, that will be applied consistent with the purposes of this article, so as not to exceed the annual cap on tax credits set f…

§ 357. Maintenance of records. Each participant shall keep all relevant records for their duration of program participation plus three years.

§ 358. Reporting. 1. Each participant must submit a performance report annually, in such form as the commissioner may require, within thirty days of the end of their taxable year. 2. The commissioner shall prepare on a quarterly basis a program report for posting on the departme…

§ 359. Cap on tax credit. 1. Except with respect to tax credits issued to Green CHIPS projects as articulated in subdivision four of this section, the total amount of tax credits issued by the commissioner for any taxable year may not exceed the limitations set forth in this sub…

§ 359-a. Short title. This article shall be known and may be cited as the "semiconductor research and development project act".

§ 359-b. Statement of legislative findings and declaration. It is hereby found and declared that New York state needs, as a matter of public policy, to create competitive financial incentives to attract large scale semiconductor research and development projects to New York stat…

§ 359-c. Definitions. For the purposes of this article: 1. "Certificate of eligibility" means the document issued by the department to an applicant that has completed an application to be admitted into the semiconductor research and development project program and has been accep…

§ 359-d. Eligibility criteria. 1. To be a participant in the semiconductor research and development project program, a business entity shall operate in New York state and be undertaking a semiconductor research and development project as defined in section three hundred fifty-ni…

§ 359-e. Application and approval process. 1. A business enterprise must submit a completed application as prescribed by the commissioner. 2. As part of such application, each business enterprise must: (a) Agree to allow the department of taxation and finance to share the busine…

§ 359-f. Powers and duties of the commissioner. 1. The commissioner may promulgate regulations establishing an application process and eligibility criteria, that will be applied consistent with the purposes of this article, so as not to exceed the annual cap on tax credits set f…