N.Y. Comp. Codes R. & Regs. tit. 5 § 194.2

Current through Register Vol. 46, No. 36, September 4, 2024

Section 194.2 - Reporting

(a) Each participant must submit a performance report annually, in such form as the commissioner may require within 30 days of the end of its taxable year.

(b) In addition, Green CHIPS participants must annually submit a Green CHIPS report to the Department. Participants must also separately submit evidence annually to the Department documenting compliance with its Green CHIPS project obligations in a form and manner prescribed by the Department, which may include, but not be limited to, attestations under penalty of perjury, forms, receipts and other supporting documentation.

(c) The commissioner shall prepare on a quarterly basis a program report for posting on the department's website. The first report will be due June 30, 2011, and every three months thereafter. Such report shall include, but not be limited to, the following information: number of applicants; number of participants approved; names of participants; total amount of benefits certified; benefits received per participant; total number of net new jobs created; number of net new jobs created per participant; aggregate new investment in the State; new investment per participant; and such other information as the commissioner determines necessary.

(d) In addition, the commissioner shall prepare on a quarterly basis information related to the utilization of the excelsior child care services tax credit component for inclusion in the quarterly Excelsior Jobs Program tax credit reports required pursuant to subdivision (b) of this section. Such information shall include, but need not be limited to the following: number of applicants; number of participants approved; total net new child care services expenditures certified; total amount of benefits certified; and benefits received per participant. On an annual basis, businesses participating in the excelsior child care services credit shall report to the department on the number of employees participating in child care services supported by the credit.

N.Y. Comp. Codes R. & Regs. Tit. 5 § 194.2

Amended New York State Register June 27, 2018/Volume XL, Issue 26, eff. 6/27/2018

Amended New York State Register May 3, 2023/Volume XLV, Issue 18, eff. 5/3/2023