New York § 429 - 429Cap on tax credit
Full text of New York New York Consolidated Laws § 429 — 429Cap on tax credit, with citation guidance and answers to common questions.
§ 429. 429Cap on tax credit
§ 429. Cap on tax credit. The total amount of tax credits listed on certificates of tax credit issued by the commissioner for any taxable year may not exceed the limitations set forth in section three hundred fifty-nine of this chapter, and shall be allotted from the funds available for tax credits under the excelsior jobs program act.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 429
What does New York Consolidated Laws § 429 cover?
Section 429 ("429Cap on tax credit") 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 § 429?
A common citation format is "New York Consolidated Laws § 429" (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 § 429 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.