N.Y. Economic Development Law Section 489
Cap on tax credit

The total amount of tax credits listed on certificates of tax credit issued by the commissioner pursuant to this article may not exceed two hundred fifty million dollars.

Source: Section 489 — Cap on tax credit, https://www.­nysenate.­gov/legislation/laws/COM/489 (updated Apr. 22, 2022; accessed Nov. 25, 2023).

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Accessed:
Nov. 25, 2023

Last modified:
Apr. 22, 2022

§ 489’s source at nysenate​.gov

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