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New York · Through 2026-09-11

N.Y. Economic Development Law § 502: Eligibility criteria

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

§ 502. Eligibility criteria. In order to participate in the

manufacturing workforce training incentive program, a business entity

must satisfy the following criteria:

1. The business entity must operate in the state as a semiconductor

manufacturing business or a manufacturing business as defined in this

article;

2. The business entity must demonstrate that it is conducting eligible

training or obtaining eligible training from an approved provider; and

3. The business entity must be in compliance with all worker

protection and environmental laws and regulations. In addition, the

business entity may not owe past due state taxes or local property

taxes.

4. The business entity must submit a report upon completion of the

eligible training that specifies the total amount of eligible training

costs covered, including a breakdown between training expenses, wages,

and wraparound services; the total number of employees that begin

training; the total number of employees that finish training; the skills

or type of training provided, including a list of applicable

transferrable credentialing opportunities that were provided and

information on whether or not the program is a registered apprenticeship

program; information on any formalized agreements or partnerships with

community or labor organizations to support the training program; the

name of the training provider; and whether the covered employee is

retained one year after the completion of the funded training.

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

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