Excelsior Jobs Program (New York)

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Last modified on February 12, 2015.

EZFeed Policy

Place New York


   
Applies to States or Provinces New York
Name Excelsior Jobs Program (New York)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Empire State Development
Primary Website http://www.esd.ny.gov/BusinessPrograms/Data/Excelsior/101411_ExcelsiorJobsProgramOverview.pdf



Last Review 2014-09-15



Summary

The Excelsior Jobs Program provides a tax credit to businesses that make significant capital investments or create jobs in clean-tech and other strategic industries. Businesses may apply for up to 4 new tax credits (jobs tax credit, R&D tax credit, real property tax credit, investment tax credit), and the program costs are capped at $500 million. The credits are based on the number of jobs created, the size of the investment, and the strategic industry.



Policy Contact

Department Empire State Development

Address 633 Third Avenue New York City, New York 10017



Phone (212) 803-3100




     
     


















References