Home/New York/Statutes/Law COM: Economic Development Law/Art. 28: Semiconductor Manufacturing Workforce Training Incentive Program/§ 506
New York Statutes

§ 506 — Cap on tax credit

New York § 506
JurisdictionNew York
Law COMEconomic Development Law
Art. 28Semiconductor Manufacturing Workforce Training Incentive Program

This text of New York § 506 (Cap on tax credit) 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 § 506 (2026).

Text

§ 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.\n

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

8
§ 50
Organization of department; officers and employees
§ 501
Definitions
§ 502
Eligibility criteria
§ 503
Application and approval process
§ 504
Powers and duties of the commissioner
§ 505
Recordkeeping requirements
§ 506
Cap on tax credit
§ 507
Reporting
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New York § 506, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/COM/506.