Title COM, Economic Development Law

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

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

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

* § 221. Export trade development projects. 1. The commissioner is\nhereby authorized to provide assistance to export trade development\nprojects designed to encourage and assist businesses, industrial firms\nor industry groups to engage in export trade and to coordinate other\n…

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

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

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

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

§ 230. Economic development regions. 1. The department shall establish\neconomic development regions of the state and shall establish within\neach region at least one regional office.\n 2. The boundaries of regions shall be based on factors including, but\nnot limited to: (a) in…

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

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

§ 235. Definitions. As used in this article, the following words and\nterms shall have the following meanings:\n 1. "Eligible applicants" include nonprofit organizations, associations\nor agencies. Eligible projects must focus on a specific sector or\nindustry cluster with a hig…

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

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

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

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

§ 240. Powers and duties of the commissioner. The commissioner acting\nby and through the department shall have the power and it shall be his\nduty:\n 1. To assure that comprehensive, reliable and timely information and\nresearch is available for effective economic development e…

§ 241. Advisory council on economic information and research. 1. The\ncommissioner is authorized and directed to appoint the advisory council\non economic information and research, to advise and assist him in an\nongoing review of the state's economic information and research ne…

§ 242. Reports on the digital gaming industries in New York. 1. The\ndepartment of economic development shall file a report on a biannual\nbasis with the director of the division of the budget and the\nchairpersons of the assembly ways and means committee and senate finance\ncom…

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

§ 260. Legislative findings and objectives; waste prevention. The\nlegislature hereby finds and declares that there are ever increasing\nopportunities to promote economic development and enhance the\nenvironment through waste prevention. Whether through better\nenvironmental man…

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

§ 262. New York state agricultural wastewater energy conservation loan\nprogram. 1. Definitions. As used in this section, unless a different\nmeaning clearly appears from the context, the term:\n a. "Financing institution" shall mean and include all banks, trust\ncompanies, savi…

§ 263. Waste reduction and recycling program. 1. When used in this\nsection, "solid waste" or "waste" shall have the same meaning as is\nfound in subdivision one of section 27-0701 of the environmental\nconservation law, but shall not include source, special nuclear or\nby-produ…

§ 264. Waste prevention assistance. 1. Definitions. As used in this\nsection, unless a different meaning clearly appears from the context,\nthe term:\n a. "Applicant" shall mean a municipality or two or more municipalities\nor a non-profit organization.\n b. "Cost" shall mean th…

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

§ 341. Statement of legislative intent. It is the intent of the\nlegislature to provide the necessary assurances and commitments required\nby the United States olympic committee and the international olympic\ncommittee in selecting a host city or municipality for the two thousan…

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

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

§ 344. Payor of last resort. The state and endorsing municipality\nshall be payors of last resort with regard to any net financial deficit\nas defined in this act. The security provided pursuant to this act may\nnot be accessed to cover any net financial deficit indemnified by t…

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

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

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

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

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

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

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

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

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

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

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

§ 357. Maintenance of records. Each participant shall keep all\nrelevant records for their duration of program participation plus three\nyears.\n

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

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

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

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

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

§ 359-d. Eligibility criteria. 1. To be a participant in the\nsemiconductor research and development project program, a business\nentity shall operate in New York state and be undertaking a\nsemiconductor research and development project as defined in section\nthree hundred fift…

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

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