Legislation

Search OpenLegislation Statutes

previous
  • SECTION 505
    Recordkeeping requirements
    • up
  • ARTICLE 28
    Semiconductor Manufacturing Workforce Training Incentive Program
    • next
  • SECTION 507
    Reporting
    • This entry was published on 2025-05-16
    NOTE: The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.

    SECTION 506

    Cap on tax credit

    Economic Development Law (COM) CHAPTER 15, ARTICLE 28

    § 506. Cap on tax credit. The total amount of tax credits listed on
    certificates of tax credit issued by the commissioner for any taxable
    year may not exceed twenty million dollars, and shall be allotted from
    the funds available for tax credits under the excelsior jobs program act
    pursuant to section three hundred fifty-nine of this chapter.