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New York · Through 2026-09-11

N.Y. Economic Development Law § 359-h: Reporting

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Where this section sits in the code
  1. Economic Development Law
  2. Article 17-A. Semiconductor Research and Development Project Program

§ 359-h. Reporting. The corporation, beginning February first, two

thousand twenty-seven, and annually thereafter provided program funds

remain, shall submit a report to the governor, the temporary president

of the senate, and the speaker of the assembly. Such annual report shall

include, but need not be limited to: the number of participants approved

for the program; names of business entities admitted to the program;

regional economic development council region wherein the project

resides; the total amount of benefits approved per business and in total

for the program; total private sector co-investment provided by each

approved business and in total for the program; total jobs created at

the project location for all years in which the recipient is receiving

benefits under the program, including the median wage paid to employees

at the project location and types of jobs created; and such other

information as the commissioner determines is necessary and appropriate.

Additionally, in all years in which the program is fully operational,

such report shall include noteworthy projects which serve to highlight

the developments occurring in New York state as a result of the program.

Such report shall be included on the corporation's website and all

program participants shall also be included in the database of economic

incentives as defined in section fifty-eight of section one of chapter

one hundred seventy-four of the laws of nineteen hundred sixty-eight

constituting the urban development corporation act.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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