2025 New York Laws
COM - Economic Development Law
Article 28 - Semiconductor Manufacturing Workforce Training Incentive Program
504 - Powers and Duties of the Commissioner.

§  504.  Powers  and  duties  of the commissioner. 1. The commissioner
  shall promulgate  regulations  consistent  with  the  purposes  of  this
  article  that,  notwithstanding  any  provisions  to the contrary in the
  state administrative procedure act,  may  be  adopted  on  an  emergency
  basis.   Such   regulations  shall  include,  but  not  be  limited  to,
  eligibility criteria for business entities desiring  to  participate  in
  the  semiconductor  manufacturing  workforce training incentive program,
  procedures for the receipt and evaluation of applications from  business
  entities to participate in the program, and such other provisions as the
  commissioner   deems  to  be  appropriate  in  order  to  implement  the
  provisions of this article.
2. The commissioner shall, in  consultation  with  the  department  of
  taxation  and finance, develop a certificate of tax credit that shall be
  issued  by  the  commissioner  to   participating   business   entities.
  Participants may be required by the commissioner of taxation and finance
  to  include  the  certificate  of  tax  credit  with their tax return to
  receive any tax benefits under this article.
3. The commissioner shall solely  determine  the  eligibility  of  any
  applicant  applying  for  entry  into  the  program and shall remove any
  participant from the program for failing to meet any of the requirements
  set forth in section five hundred two of this article or  for  making  a
  material  misrepresentation  with  respect  to  its participation in the
  program.