N.Y. Economic Development Law § 359-d: Eligibility criteria

§ 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-nine-c of this article.

2. A business entity must be in compliance with all worker protection

and environmental laws and regulations. In addition, a business entity

may not owe past due state taxes or local property taxes unless the

business entity is making payments and complying with an approved

binding payment agreement entered into with the taxing authority.