Current through 2024 NY Law Chapter 457
1. The commissioner shall submit to the director of the budget, the chairperson of the senate finance committee and the chairperson of the assembly ways and means committee an evaluation of the success of the industrial effectiveness program prepared by an entity independent of the department. Such evaluation shall determine whether the services provided have helped client firms to succeed, based on a comparison of the performance of client firms to the norms of their specific industry, and shall assess the effect, if any, of the program on the continued location and growth of industrial firms within the state. Such an evaluation shall be submitted by September first, two thousand five and by September first every four years thereafter.2. Between evaluation due dates, the commissioner shall maintain the necessary records and data required to satisfy such evaluation requirements and to satisfy information requests received from the director of the budget, the chairperson of the senate finance committee and the chairperson of the assembly ways and means committee between such evaluation due dates.N.Y. Economic Development Law § 196