{"data":{"id":"us-ny/n.y.-economic-development-law-506","jurisdiction":"us-ny","citation":"N.Y. Economic Development Law § 506","heading":"Cap on tax credit","body":"§ 506. Cap on tax credit. The total amount of tax credits listed on\ncertificates of tax credit issued by the commissioner for any taxable\nyear may not exceed twenty million dollars, and shall be allotted from\nthe funds available for tax credits under the excelsior jobs program act\npursuant to section three hundred fifty-nine of this chapter.","path":["Economic Development Law","Article 28. Semiconductor Manufacturing Workforce Training Incentive Program"],"source_url":"https://legislation.nysenate.gov/api/3/laws/COM/506","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"5a8b3bb6be664ef803cf7cd35bb7003203b4234034b451ac037ae669006581d9","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-economic-development-law-505","next":"us-ny/n.y.-economic-development-law-507"},"notice":"GroundRules: Original legal text. Not legal advice."}
