Empire State jobs retention program credit (Articles 9-A, 22 and 33)
The program is amended to:
Expand the credit to all business entities impacted by a natural disaster.
Change the credit rate from a single rate to a rate that varies based on the number of employees.
Limit the credit to $500,000 per emergency declaration event.
This credit is administered by Empire State Development. For more information, visit Empire State Jobs Retention Program Credit .
[Subpart B of Part H of Chapter 59 of the Laws of 2025; Economic Development Law §§ 421-426]