2025 New York Laws
COM - Economic Development Law
Article 27 - Newspaper and Broadcast Media Jobs Program
494 - Application and Approval Process.

§  494.  Application  and  approval process. 1. A business entity must
submit a complete application as prescribed by the commissioner.
2. The commissioner shall establish procedures  and  a  timeframe  for
business  entities  to  submit applications. As part of the application,
each business entity must:
  (a)  provide  evidence  in  a  form  and  manner  prescribed  by   the
commissioner of their business eligibility;
  (b) agree to allow the department of taxation and finance to share the
business entity's tax information with the department;
  (c)  agree  to  allow  the  department  of  labor to share its tax and
employer information  with  the  department.  However,  any  information
shared as a result of this program shall not be available for disclosure
or inspection under the state freedom of information law;
  (d)  allow  the  department and its agents access to any and all books
and records the department may require to monitor compliance; and
  (e) agree to  provide  any  additional  information  required  by  the
department relevant to this article.
3. After reviewing a business entity's completed final application and
determining  that  the business entity meets the eligibility criteria as
set forth in this article, the department may issue a certificate of tax
credit.