New York § 507 - 507Reporting

Full text of New York New York Consolidated Laws § 507 — 507Reporting, with citation guidance and answers to common questions.

§ 507. 507Reporting

§ 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.

Frequently Asked Questions About New York § 507

What does New York Consolidated Laws § 507 cover?

Section 507 ("507Reporting") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite New York § 507?

A common citation format is "New York Consolidated Laws § 507" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of New York law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.

How does New York § 507 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in New York.