New York § 359-H Reporting

New York Statutes

§ 359-H — Reporting

New York § 359-H

Law COMEconomic Development Law

Art. 17-ASemiconductor Research and Development Project Program

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Bluebook

N.Y. Economic Development Law § 359-H (2026).

Text

  § 359-h. Reporting. The corporation, beginning February first, two\nthousand twenty-seven, and annually thereafter provided program funds\nremain, shall submit a report to the governor, the temporary president\nof the senate, and the speaker of the assembly. Such annual report shall\ninclude, but need not be limited to: the number of participants approved\nfor the program; names of business entities admitted to the program;\nregional economic development council region wherein the project\nresides; the total amount of benefits approved per business and in total\nfor the program; total private sector co-investment provided by each\napproved business and in total for the program; total jobs created at\nthe project location for all years in which the recipient is receiving\nbenefits under t

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§ 359-h. Reporting. The corporation, beginning February first, two\nthousand twenty-seven, and annually thereafter provided program funds\nremain, shall submit a report to the governor, the temporary president\nof the senate, and the speaker of the assembly. Such annual report shall\ninclude, but need not be limited to: the number of participants approved\nfor the program; names of business entities admitted to the program;\nregional economic development council region wherein the project\nresides; the total amount of benefits approved per business and in total\nfor the program; total private sector co-investment provided by each\napproved business and in total for the program; total jobs created at\nthe project location for all years in which the recipient is receiving\nbenefits under the program, including the median wage paid to employees\nat the project location and types of jobs created; and such other\ninformation as the commissioner determines is necessary and appropriate.\nAdditionally, in all years in which the program is fully operational,\nsuch report shall include noteworthy projects which serve to highlight\nthe developments occurring in New York state as a result of the program.\nSuch report shall be included on the corporation's website and all\nprogram participants shall also be included in the database of economic\nincentives as defined in section fifty-eight of section one of chapter\none hundred seventy-four of the laws of nineteen hundred sixty-eight\nconstituting the urban development corporation act.\n