N.Y. State Finance Law § 97-ff: Empire state entertainment diversity job training development fund

§ 97-ff. Empire state entertainment diversity job training development

fund. 1. There is hereby established in the joint custody of the

commissioner of taxation and finance and the comptroller, a special fund

to be known as the empire state entertainment diversity job training

development fund.

2. Such fund shall consist of the funds transferred by the comptroller

to the fund from the general fund without appropriation, as determined

under subdivision (f) of section twenty-four and subdivision (e) of

section thirty-one of the tax law. Nothing contained herein shall

prevent the state from receiving grants, gifts, or bequests for the fund

and depositing them into the fund according to law.

3. Monies in the fund shall be expended only for job creation and

training programs approved by the commissioner of economic development

that support efforts to recruit, hire, promote, retain, develop and

train a diverse and inclusive workforce as production company employees

in the motion picture and television industry within the state of New

York including, but not limited to, those programs that promote

development in economically distressed areas of the state. The

commissioner of economic development shall promulgate regulations that

set forth relevant definitions, minimum standards and criteria for such

fund and eligible training programs.

4. Monies shall be payable from the fund on the audit and warrant of

the comptroller on vouchers approved and certified by the commissioner

of economic development.