N.Y. SOS Law § 394-E
This is the official text of N.Y. SOS Law § 394-E, part of New York’s SOS Law — part of the compiled statutory law of New York, published by the state as "SOS Law." Browse the sections below, each linked to its official government source.
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Allocation of credit
Official statutory text
§ 394-e. Allocation of credit. The aggregate amount of tax credits\nallowed under this title, subdivision fifty-nine of section two hundred\nten-B, subsection (ooo) of section six hundred six and subdivision (ee)\nof section fifteen hundred eleven of the tax law shall be twenty-five\nmillion dollars each year during the period two thousand twenty-three\nand two thousand twenty-four. Such aggregate amount of credits shall be\nallocated by the office on a pro rata basis to each business entity that\ndemonstrates eligibility pursuant to section three hundred ninety-four-b\nof this title.\n
Status: in_force · Read it on the official government site
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