New York § 493 Eligibility criteria

New York Statutes

§ 493 — Eligibility criteria

New York § 493

Law COMEconomic Development Law

Art. 27Newspaper and Broadcast Media Jobs Program

This text of New York § 493 (Eligibility criteria) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Economic Development Law § 493 (2026).

Text

  § 493. Eligibility criteria. To be eligible for the tax credit\nestablished under this section, a business entity must:\n  1. be an eligible business operating within an eligible industry;\n  2. be independently owned or, in the case of a print media business,\ndemonstrate a reduction in circulation or in the number of full-time\nequivalent employees of at least twenty percent over the previous five\nyears; and\n  3. operate predominantly in an eligible industry, and be located\nwithin the state of New York. The department, in its regulations\npromulgated pursuant to this article, shall have the authority to list\ncertain types of establishments as ineligible.\n

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§ 493. Eligibility criteria. To be eligible for the tax credit\nestablished under this section, a business entity must:\n 1. be an eligible business operating within an eligible industry;\n 2. be independently owned or, in the case of a print media business,\ndemonstrate a reduction in circulation or in the number of full-time\nequivalent employees of at least twenty percent over the previous five\nyears; and\n 3. operate predominantly in an eligible industry, and be located\nwithin the state of New York. The department, in its regulations\npromulgated pursuant to this article, shall have the authority to list\ncertain types of establishments as ineligible.\n