§ 358. Reporting.
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§ 358. Reporting. 1. Each participant must submit a performance report
annually, in such form as the commissioner may require, within thirty
days of the end of their taxable year.
2. The commissioner shall prepare on a quarterly basis a program
report for posting on the department's website. The first report will be
due June thirtieth, two thousand eleven, and every three months
thereafter. Such report shall include, but not be limited to, the
following: number of applicants; number of participants approved; names
of participants; total amount of benefits certified; benefits received
per participant; total number of net new jobs created; number of net new
jobs created per participant; aggregate new investment in the state; new
investment per participant; and such other information as the
commissioner determines.
3. The commissioner shall prepare on a quarterly basis information
related to the utilization of the excelsior child care services tax
credit component for inclusion in the quarterly excelsior jobs program
tax credit reports required pursuant to subdivision two of this section.
Such information shall include, but need not be limited to the
following: number of applicants; number of participants approved; total
net new child care services expenditures certified; total amount of
benefits certified; benefits received per participant. On an annual
basis, businesses participating in the excelsior child care services
credit shall report to the department on the number of employees
participating in child care services supported by the credit.