GroundRules
← Search the law
New York · Through 2026-09-11

N.Y. Economic Development Law § 501: Definitions

Read at publisher ↗
Where this section sits in the code
  1. Economic Development Law
  2. Article 28. Semiconductor Manufacturing Workforce Training Incentive Program

§ 501. Definitions. As used in this article, the following terms shall

have the following meanings:

1. "Approved provider" means an entity approved by the commissioner

that may provide eligible training to employees of a business entity

participating in the semiconductor manufacturing workforce training

incentive program. Such criteria shall ensure that any approved provider

possesses adequate credentials to provide the training described in an

application by a business entity to the commissioner to participate in

the semiconductor manufacturing workforce training incentive program.

2. "Eligible training" means training provided to an employee hired

within twelve months of the business entity applying for this program by

the business entity or an approved provider that is:

(a) to upgrade, retrain or improve the productivity of employees;

(b) determined by the commissioner to satisfy a business need on the

part of a participating business entity;

(c) not designed to train or upgrade skills as required by a federal

or state entity; and

(d) structured to result in measurable advancements in skills and

competencies that will contribute to opportunities for advancement for

employees who complete the training.

3. "Manufacturing business" means a business that is engaged in the

process of working raw materials into products suitable for use or which

gives new shapes, new quality or new combinations to matter which has

already gone through some artificial process by the use of machinery,

tools, appliances, or other similar equipment. "Manufacturing" does not

include an operation that involves only the assembly of components,

provided, however, that the assembly of motor vehicles or other high

value-added products shall be considered manufacturing.

4. "Semiconductor manufacturing business" means a business deemed by

the commissioner to make products or develop technologies that are

primarily aimed at supporting the growth of the semiconductor

manufacturing and related equipment and material supplier sector. This

shall include, but need not be limited to, semiconductor device

manufacturing, producers of component parts, direct input materials and

equipment necessary for the manufacture of semiconductor chips,

machinery, equipment, and materials necessary for the operational

efficiency of semiconductor manufacturing facilities, other such inputs

directly supportive of the domestic production of semiconductor chips,

and companies engaged in the assembly, testing, packaging and advanced

packaging semiconductor value chain. The "semiconductor and supply

chain" tier shall not include a project primarily composed of: (a)

machinery, equipment, or materials that are inputs to manufacturing

generally, but are not direct inputs to semiconductor manufacturing in

specific; or (b) the production of products or development of

technologies that would produce only marginal and incremental benefits

to the semiconductor manufacturing sector.

5. "Wrap around services" means transportation, childcare, case

management and other services designed to maximize the economic impact

of workforce development training for participants, and to provide the

support services necessary to ensure trainees can access training.

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

Browse this collection