Current through Register Vol. 46, No. 53, December 31, 2024
Section 250.3 - Eligibility criteriaIn order to participate in the program, a business entity must satisfy the following criteria:
(a) A business entity applying to participate in the program in connection with providing eligible training to employees must: (1) operate in the State predominantly in a strategic industry;(2) demonstrate that it is obtaining eligible training from an approved provider;(3) make a significant capital investment in connection with the eligible training; and(4) be in compliance with all worker protection and environmental laws and regulations. In addition, the business entity may not owe past due State taxes or local property taxes.(b) A business entity applying to participate in the program in connection with providing an eligible internship program must: (1) demonstrate that it will be providing an eligible internship program, not to exceed 12 months in duration, to one or more interns;(2) be located in the State;(3) be in compliance with all worker protection and environmental laws and regulations. In addition, the business entity may not owe past due State taxes or local property taxes;(4) certify that the eligible internship program will not displace employees of the business entity; and(5) employ fewer than 100 employees.N.Y. Comp. Codes R. & Regs. Tit. 5 § 250.3
Adopted New York State Register February 17, 2016/Volume XXXVIII, Issue 07, eff.2/17/2016Amended New York State Register April 11, 2018/Volume XL, Issue 15, eff. 4/11/2018