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New York · Through 2026-09-11

N.Y. Economic Development Law § 478: Reporting

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Where this section sits in the code
  1. Economic Development Law
  2. Article 25. Restaurant Return-to-work Tax Credit Program

§ 478. Reporting. Each business entity participating in this program

must submit a performance report to the department at a time prescribed

in regulations by the commissioner. The commissioner shall on or before

April first, two thousand twenty-two and every quarter thereafter, until

program funds are fully expended, submit a report to the governor, the

temporary president of the senate, the speaker of the assembly, the

chair of the senate finance committee, and the chair of the assembly

ways and means committee, setting forth the activities undertaken by the

program. Such report shall include, but not necessarily be limited to,

the following in each reporting period: total number of participants

approved and the economic development region in which the business is

located; total amount of advance payments disbursed and tax credits

claimed, and average amount of advance payments disbursed and tax credit

claimed; names of advance payment recipients and tax credits claimed;

total number of rehired jobs created; and such other information as the

commissioner determines necessary and appropriate to effectuate the

purpose of the program. Such reports shall, at the same time, be

included on the department's website and any other publicly accessible

database that list economic development programs as determined by the

department.

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

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