Include semiconductor supply chain projects, which can qualify for higher credit rates for the Excelsior jobs, investment, and research and development credit components.

This credit is administered by Empire State Development. For more information, visit Excelsior jobs program tax credit .

[Subpart A of Part H of Chapter 59 of the Laws of 2025; Economic Development Law §§ 352.25, 353.1 - 355.3 and 359]

← Employee training incentive program (Articles 9-A and 22)Farm employer overtime credit (Articles 9-A and 22) →

in view

Whole section

loading…

Axiom
New York
Guidance
Tax
Ty2025
Pit Corp Changes
Block 15

Excelsior jobs program (Articles 9-A, 22 and 33)

Official source

The program is amended to:

Extend the tax credit through tax year 2034; and

Include semiconductor supply chain projects, which can qualify for higher credit rates for the Excelsior jobs, investment, and research and development credit components.

This credit is administered by Empire State Development. For more information, visit Excelsior jobs program tax credit .

[Subpart A of Part H of Chapter 59 of the Laws of 2025; Economic Development Law §§ 352.25, 353.1 - 355.3 and 359]

← Employee training incentive program (Articles 9-A and 22)Farm employer overtime credit (Articles 9-A and 22) →

in view

Whole section