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Code · New York · Economic Development Law · Semiconductor Manufacturing Workforce Training Incentive Program

§ 507. Reporting.

240 words·~1 min read·/ny/economic-development-law/semiconductor-manufacturing-workforce-training-incentive-program/507·

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§ 507. Reporting. The corporation, beginning October first, two
thousand twenty-seven, and annually thereafter provided program funds
remain, shall submit a report to the governor, the temporary president
of the senate, and the speaker of the assembly. Such annual report shall
include, but need not be limited to: the number of business participants
in the program, the total number of workers trained under the program in
total and per participating business including an articulation of the
number of workers that begin training, complete training, and are still
employed with the participating business one year after training is
completed, the total program funding level allocated in total and per
participating business, the regional economic development council region
wherein each participating business resides, a breakdown between funding
allocated to training, wages, and wraparound services, a summary of the
skills or type of training provided per participating business, and such
other information as the commissioner determines is necessary and
appropriate. Additionally, in all years in which the program is fully
operational, such report shall include noteworthy projects which serve
to highlight the developments occurring in New York state as a result of
the program. Such report shall be included on the corporation's website
and all program participants shall also be included in the database of
economic incentives as defined in section fifty-eight of section one of
chapter one hundred seventy-four of the laws of nineteen hundred
sixty-eight constituting the urban development corporation act.
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