Title COM, Economic Development Law

§ 483. Eligibility criteria. 1. To be eligible for a tax credit under\nthe COVID-19 capital costs tax credit program, a business entity must:\n (a) be a small business as defined in section one hundred thirty-one\nof this chapter and have two million five hundred thousand dollar…

§ 484. Application and approval process. 1. A business entity must\nsubmit a complete application as prescribed by the commissioner.\n 2. The commissioner shall establish procedures and a timeframe for\nbusiness entities to submit applications. As part of the application,\neach …

§ 485. COVID-19 capital costs tax credit. 1. A business entity in the\nCOVID-19 capital costs tax credit program that meets the eligibility\nrequirements of section four hundred eighty-three of this article may be\neligible to claim a credit equal to fifty percent of its qualifi…

§ 486. Powers and duties of the commissioner. 1. The commissioner may\npromulgate 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 set\…

§ 487. Maintenance of records. Each business entity participating in\nthe program shall keep all relevant records for their duration of\nprogram participation for at least three years.\n

§ 488. Reporting. Each business entity participating in this program\nshall submit a performance report to the department at a time prescribed\nin regulations by the commissioner. The commissioner shall on or before\nApril first, two thousand twenty-three and every quarter there…

§ 489. Cap on tax credit. The total amount of tax credits listed on\ncertificates of tax credit issued by the commissioner pursuant to this\narticle may not exceed two hundred fifty million dollars.\n

§ 490. Short title. This article shall be known and may be cited as\nthe "newspaper and broadcast media jobs program".\n

§ 491. Statement of legislative findings and declaration. It is hereby\nfound and declared that New York state needs, as a matter of public\npolicy, to provide financial support and incentives for businesses which\noperate as newspaper and broadcast media, to sustain a productiv…

§ 492. Definitions. For the purposes of this article:\n 1. "Average full-time employment" shall mean the average number of\nfull-time positions employed by an eligible business in an eligible\nindustry during a given period.\n 2. "Average starting full-time employment" shall be …

§ 493. Eligibility criteria. To be eligible for the tax credit\nestablished under this section, a business entity must:\n 1. be an eligible business operating within an eligible industry;\n 2. be independently owned or, in the case of a print media business,\ndemonstrate a reduc…

§ 494. Application and approval process. 1. A business entity must\nsubmit a complete application as prescribed by the commissioner.\n 2. The commissioner shall establish procedures and a timeframe for\nbusiness entities to submit applications. As part of the application,\neach …

§ 495. Newspaper and broadcast media jobs tax credit. 1. A business\nentity that meets the eligibility requirements of section four hundred\nninety-three of this article, and meets any additional eligibility\ncriteria as articulated in regulations established pursuant to this\ns…

§ 496. 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…

§ 50. Organization of department; officers and employees. The existing\ndivisions and bureaus of the department are continued; provided,\nhowever, that the commissioner, with the approval of the governor, may\nestablish additional divisions and bureaus, change the names of exist…

§ 501. Definitions. As used in this article, the following terms shall\nhave the following meanings:\n 1. "Approved provider" means an entity approved by the commissioner\nthat may provide eligible training to employees of a business entity\nparticipating in the semiconductor ma…

§ 502. Eligibility criteria. In order to participate in the\nmanufacturing workforce training incentive program, a business entity\nmust satisfy the following criteria:\n 1. The business entity must operate in the state as a semiconductor\nmanufacturing business or a manufacturi…

§ 503. Application and approval process. 1. A business entity must\nsubmit a completed application in such form and with such information as\nprescribed by the commissioner.\n 2. As part of such application, each business entity must:\n (a) provide such documentation as the comm…

§ 504. Powers and duties of the commissioner. 1. The commissioner\nshall promulgate regulations consistent with the purposes of this\narticle that, notwithstanding any provisions to the contrary in the\nstate administrative procedure act, may be adopted on an emergency\nbasis. S…

§ 505. Recordkeeping requirements. Each business entity participating\nin the program shall maintain all relevant records for the duration of\nits program participation plus three years.\n

§ 506. Cap on tax credit. The total amount of tax credits listed on\ncertificates of tax credit issued by the commissioner for any taxable\nyear may not exceed twenty million dollars, and shall be allotted from\nthe funds available for tax credits under the excelsior jobs progra…

§ 507. Reporting. The corporation, beginning October first, two\nthousand twenty-seven, and annually thereafter provided program funds\nremain, shall submit a report to the governor, the temporary president\nof the senate, and the speaker of the assembly. Such annual report shal…