Statute · New York Economic Development Law
N.Y. Econ. Dev. Law § 506 — Cap on tax credit
N.Y. Econ. Dev. Law § 506
- Type
- Statute
- Source
- New York Economic Development Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 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…
Citator
N.Y. Econ. Dev. Law § 506 — Cap on tax credit is in force in the current edition of the Code, and nothing recorded condemns it.
§ 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.