S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5688
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                     March 3, 2015
                                      ___________
       Introduced by M. of A. KAVANAGH -- read once and referred to the Commit-
         tee on Ways and Means
       AN  ACT  to  amend the business corporation law, in relation to enacting
         the unified economic development budget act
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Short  title. This act shall be known and may be cited as
    2  the "unified economic development budget act."
    3    S 2. The business corporation law is amended by adding a  new  article
    4  14 to read as follows:
    5                                 ARTICLE 14
    6                     UNIFIED ECONOMIC DEVELOPMENT BUDGET
    7  SECTION 1401. DEFINITIONS.
    8          1402. UNIFIED ECONOMIC DEVELOPMENT BUDGET.
    9          1403. STANDARDIZED  APPLICATIONS  FOR  STATE DEVELOPMENT ASSIST-
   10                  ANCE.
   11          1404. STATE DEVELOPMENT ASSISTANCE DISCLOSURE.
   12  S 1401. DEFINITIONS.
   13    AS USED IN THIS ARTICLE:
   14    (A) "ANNUAL TAX EXPENDITURE REPORT"  IS  AS  DEFINED  BY  SECTION  ONE
   15  HUNDRED EIGHTY-ONE OF THE EXECUTIVE LAW.
   16    (B) "BASE YEARS" MEANS THE FIRST TWO COMPLETE CALENDAR YEARS FOLLOWING
   17  THE EFFECTIVE DATE OF A RECIPIENT RECEIVING DEVELOPMENT ASSISTANCE.
   18    (C) "DATE OF ASSISTANCE" MEANS THE COMMENCEMENT DATE OF THE ASSISTANCE
   19  AGREEMENT,  WHICH DATE TRIGGERS THE PERIOD DURING WHICH THE RECIPIENT IS
   20  OBLIGATED TO CREATE OR  RETAIN  JOBS  AND  CONTINUE  OPERATIONS  AT  THE
   21  SPECIFIC PROJECT SITE.
   22    (D)  "DEVELOPMENT  ASSISTANCE" MEANS: (1) TAX EXPENDITURES GIVEN AS AN
   23  INCENTIVE TO  RECIPIENT  BUSINESSES,  NOT-FOR-PROFIT  ORGANIZATIONS  AND
   24  GOVERNMENT ENTITIES FOR ECONOMIC DEVELOPMENT PURPOSES;
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD03358-01-5
       A. 5688                             2
    1    (2)  GRANTS  OR  LOANS AWARDED BY ALL STATE GRANTING BODIES AND INDUS-
    2  TRIAL DEVELOPMENT AGENCIES TO BUSINESSES,  NOT-FOR-PROFIT  ORGANIZATIONS
    3  AND GOVERNMENT ENTITIES FOR ECONOMIC DEVELOPMENT PURPOSES; AND
    4    (3)  ALL  SUCCESSOR AND SUBSEQUENT DEVELOPMENT ASSISTANCE PROGRAMS AND
    5  TAX EXPENDITURES DESIGNED TO  PROMOTE  LARGE  BUSINESS  RELOCATIONS  AND
    6  EXPANSIONS.
    7    (E) "DEVELOPMENT ASSISTANCE AGREEMENT" MEANS ANY AGREEMENT EXECUTED BY
    8  THE STATE GRANTING BODY OR INDUSTRIAL DEVELOPMENT AGENCY AND THE RECIPI-
    9  ENT  SETTING FORTH THE TERMS AND CONDITIONS OF DEVELOPMENT ASSISTANCE TO
   10  BE PROVIDED TO THE RECIPIENT CONSISTENT WITH THE FINAL  APPLICATION  FOR
   11  DEVELOPMENT ASSISTANCE, INCLUDING BUT NOT LIMITED TO THE DATE OF ASSIST-
   12  ANCE, SUBMITTED TO AND APPROVED BY THE STATE GRANTING BODY OR INDUSTRIAL
   13  DEVELOPMENT AGENCY.
   14    (F) "DIVISION" MEANS, UNLESS OTHERWISE NOTED, THE NEW YORK STATE DIVI-
   15  SION OF THE BUDGET OR ANY SUCCESSOR AGENCY.
   16    (G) "ECONOMIC DEVELOPMENT" MEANS ANY ECONOMIC ACTIVITY TO INCREASE TAX
   17  REVENUE,  TAX  BASE,  OR  EMPLOYMENT OR IMPROVE GENERAL ECONOMIC HEALTH,
   18  WHEN THE ACTIVITY INVOLVES:
   19    (1) THE PLANNING, DESIGN, DEVELOPMENT,  CONSTRUCTION,  REHABILITATION,
   20  BUSINESS  RELOCATION,  OR  ANY COMBINATION OF THESE, WITHIN A COMMUNITY;
   21  AND
   22    (2) THE PROVISION OF OFFICE, INDUSTRIAL,  MANUFACTURING,  WAREHOUSING,
   23  DISTRIBUTION,  PARKING,  PUBLIC,  OR OTHER FACILITIES, OR OTHER IMPROVE-
   24  MENTS THAT BENEFIT THE STATE OR A COMMUNITY;
   25  BUT DOES NOT RESULT IN THE TRANSFER OF LAND TO PUBLIC OWNERSHIP  OR  THE
   26  TRANSFER  OF  PROPERTY TO A PRIVATE ENTITY THAT IS A PUBLIC UTILITY, THE
   27  LEASE OF PROPERTY TO PRIVATE ENTITIES THAT  OCCUPY  AN  INCIDENTAL  AREA
   28  WITHIN A PUBLIC PROJECT OR THE REMEDY OF BLIGHT.
   29    (H)  "FULL-TIME,  PERMANENT JOB" MEANS A JOB IN WHICH THE NEW EMPLOYEE
   30  WORKS FOR THE RECIPIENT AT A RATE OF  AT  LEAST  THIRTY-FIVE  HOURS  PER
   31  WEEK.
   32    (I)  "INDUSTRIAL  DEVELOPMENT  AGENCY"  MEANS  AN AGENCY AS DEFINED BY
   33  SECTION EIGHT HUNDRED FIFTY-FOUR OF THE GENERAL MUNICIPAL LAW.
   34    (J) "NEW EMPLOYEE" MEANS A FULL-TIME, PERMANENT EMPLOYEE  WHO  REPRES-
   35  ENTS  A  NET  INCREASE IN THE NUMBER OF THE RECIPIENT'S EMPLOYEES STATE-
   36  WIDE. "NEW EMPLOYEE" INCLUDES AN EMPLOYEE WHO PREVIOUSLY  FILLED  A  NEW
   37  EMPLOYEE POSITION WITH THE RECIPIENT WHO WAS REHIRED OR CALLED BACK FROM
   38  A  LAYOFF  THAT OCCURS DURING OR FOLLOWING THE BASE YEARS. THE TERM "NEW
   39  EMPLOYEE" DOES NOT INCLUDE ANY OF THE FOLLOWING:
   40    (1) AN EMPLOYEE OF THE RECIPIENT WHO PERFORMS A JOB THAT WAS PREVIOUS-
   41  LY PERFORMED BY ANOTHER EMPLOYEE IN THIS STATE, IF THAT JOB  EXISTED  IN
   42  THIS STATE FOR AT LEAST SIX MONTHS BEFORE HIRING THE EMPLOYEE; OR
   43    (2) A CHILD, GRANDCHILD, PARENT, OR SPOUSE, OTHER THAN A SPOUSE WHO IS
   44  LEGALLY  SEPARATED  FROM  THE  INDIVIDUAL,  OF  ANY INDIVIDUAL WHO HAS A
   45  DIRECT OR INDIRECT OWNERSHIP INTEREST OF AT LEAST FIVE  PERCENT  IN  THE
   46  PROFITS, CAPITAL, OR VALUE OF ANY MEMBER OF THE RECIPIENT.
   47    (K)  "PART-TIME  JOB"  MEANS A JOB IN WHICH THE NEW EMPLOYEE WORKS FOR
   48  THE RECIPIENT AT A RATE OF LESS THAN THIRTY-FIVE HOURS PER WEEK.
   49    (L) "RECIPIENT" MEANS ANY BUSINESS THAT RECEIVES ECONOMIC  DEVELOPMENT
   50  ASSISTANCE.  A  BUSINESS  IS ANY CORPORATION, LIMITED LIABILITY COMPANY,
   51  PARTNERSHIP, JOINT VENTURE, ASSOCIATION, SOLE PROPRIETORSHIP,  OR  OTHER
   52  LEGALLY RECOGNIZED ENTITY.
   53    (M)  "RETAINED  EMPLOYEE"  MEANS  ANY  EMPLOYEE  DEFINED  AS  HAVING A
   54  FULL-TIME OR FULL-TIME EQUIVALENT JOB PRESERVED AT A  SPECIFIC  FACILITY
   55  OR SITE, THE CONTINUANCE OF WHICH IS THREATENED BY A SPECIFIC AND DEMON-
       A. 5688                             3
    1  STRABLE THREAT, WHICH SHALL BE SPECIFIED IN THE APPLICATION FOR DEVELOP-
    2  MENT ASSISTANCE.
    3    (N)  "SPECIFIC  PROJECT  SITE" MEANS THAT DISTINCT OPERATIONAL UNIT TO
    4  WHICH ANY DEVELOPMENT ASSISTANCE IS APPLIED.
    5    (O) "STATE GRANTING BODY" MEANS THE DIVISION AND/OR  ANY  OTHER  STATE
    6  DEPARTMENT, AGENCY, BUREAU, OFFICE, COMMISSION, PUBLIC AUTHORITY, PUBLIC
    7  CORPORATION  AND ANY OTHER STATE ENTITY THAT PROVIDES AND/OR ADMINISTERS
    8  DEVELOPMENT ASSISTANCE THAT HAS REPORTING REQUIREMENTS UNDER THIS  ARTI-
    9  CLE, AND ANY SUCCESSOR AGENCIES TO ANY OF THE PRECEDING ENTITIES.
   10    (P)  "TAX EXPENDITURE" IS AS DEFINED BY SECTION ONE HUNDRED EIGHTY-ONE
   11  OF THE EXECUTIVE LAW.
   12    (Q) "TEMPORARY JOB" MEANS A JOB IN WHICH THE NEW EMPLOYEE IS HIRED FOR
   13  A SPECIFIC DURATION OF TIME OR SEASON.
   14    (R) "VALUE OF ASSISTANCE" MEANS THE FACE VALUE OF ANY FORM OF DEVELOP-
   15  MENT ASSISTANCE.
   16  S 1402. UNIFIED ECONOMIC DEVELOPMENT BUDGET.
   17    (A) FOR EACH STATE FISCAL YEAR ENDING ON OR AFTER JUNE THIRTIETH,  TWO
   18  THOUSAND EIGHTEEN, THE DIVISION, IN COLLABORATION WITH THE DEPARTMENT OF
   19  TAXATION  AND  FINANCE, SHALL SUBMIT AN ANNUAL UNIFIED ECONOMIC DEVELOP-
   20  MENT BUDGET TO THE GOVERNOR, SENATE AND ASSEMBLY. THE  UNIFIED  ECONOMIC
   21  DEVELOPMENT BUDGET SHALL BE DUE WITHIN THREE MONTHS AFTER THE END OF THE
   22  FISCAL  YEAR,  AND  SHALL  PRESENT  ALL  TYPES OF DEVELOPMENT ASSISTANCE
   23  GRANTED DURING THE PRIOR FISCAL YEAR, INCLUDING:
   24    (1) THE AGGREGATE AMOUNT, PREPARED BY THE DEPARTMENT OF  TAXATION  AND
   25  FINANCE AND PRESENTED AS STATE TOTALS, OF ACTUAL UNCOLLECTED OR DIVERTED
   26  STATE  TAX  REVENUES  RESULTING FROM EACH TYPE OF DEVELOPMENT ASSISTANCE
   27  PROVIDED PURSUANT TO LAW, AS REPORTED  IN  THE  ANNUAL  TAX  EXPENDITURE
   28  REPORT;
   29    (2)  THE  AGGREGATE  AMOUNT, PREPARED BY THE DIVISION AND PRESENTED AS
   30  STATE TOTALS, OF DEVELOPMENT ASSISTANCE GRANTS AND LOANS AWARDED BY  ALL
   31  STATE  AND INDUSTRIAL DEVELOPMENT AGENCIES TO BUSINESSES, NOT-FOR-PROFIT
   32  ORGANIZATIONS AND GOVERNMENT ENTITIES; AND A LIST OF THE TOP FIVE RECIP-
   33  IENTS BY DOLLAR VALUE OF EACH TYPE OF DEVELOPMENT  ASSISTANCE  GRANT  OR
   34  LOAN;
   35    (3)  THE  AGGREGATE  AMOUNTS  REQUIRED BY SUBPARAGRAPHS ONE AND TWO OF
   36  THIS PARAGRAPH SHALL CORRESPOND TO THE MOST RECENT FISCAL YEAR FOR WHICH
   37  RELIABLE DATA ARE AVAILABLE, AND THE PRECEDING FIVE FISCAL YEARS;
   38    (4) A LIST OF ALL STATE DEVELOPMENT ASSISTANCE WITH A DESCRIPTION  AND
   39  AGGREGATE AMOUNT OF UNCOLLECTED OR DIVERTED STATE TAX REVENUES RESULTING
   40  FROM  OR  AWARDED  FOR  EACH TYPE OF DEVELOPMENT ASSISTANCE FOR THE MOST
   41  RECENT FISCAL YEAR AND ITS PRECEDING FISCAL YEAR; AND
   42    (5) THE AGGREGATE AMOUNT, PREPARED BY THE DIVISION  AND  PRESENTED  AS
   43  STATE TOTALS, OF JOBS CREATED AND/OR RETAINED WITH THE SUPPORT OF DEVEL-
   44  OPMENT ASSISTANCE.
   45    (B)  ALL  DATA  CONTAINED  IN  THE UNIFIED ECONOMIC DEVELOPMENT BUDGET
   46  PRESENTED TO THE GOVERNOR, SENATE AND ASSEMBLY SHALL BE FULLY SUBJECT TO
   47  THE FREEDOM OF  INFORMATION  ACT,  NOTWITHSTANDING  INSTANCES  WHEN  THE
   48  DISCLOSURE  OF  INFORMATION  VIOLATES CONFIDENTIALITY AGREEMENTS BETWEEN
   49  THE DEPARTMENT OF TAXATION AND FINANCE AND RECIPIENTS OF STATE  DEVELOP-
   50  MENT ASSISTANCE.
   51    (C)  THE  DEPARTMENT  OF TAXATION AND FINANCE SHALL SUBMIT A REPORT OF
   52  THE AMOUNTS IN SUBPARAGRAPH ONE OF PARAGRAPH (A) OF THIS SECTION TO  THE
   53  DIVISION,  WHICH SHALL APPEND SUCH REPORT TO THE UNIFIED ECONOMIC DEVEL-
   54  OPMENT BUDGET RATHER THAN SEPARATELY REPORTING SUCH AMOUNTS.
   55  S 1403. STANDARDIZED APPLICATIONS FOR STATE DEVELOPMENT ASSISTANCE.
       A. 5688                             4
    1    (A) ALL FINAL  APPLICATIONS  SUBMITTED  TO  THE  DIVISION,  INDUSTRIAL
    2  DEVELOPMENT  AGENCIES OR ANY OTHER STATE GRANTING BODY REQUESTING DEVEL-
    3  OPMENT ASSISTANCE SHALL CONTAIN, AT A MINIMUM:
    4    (1)  AN APPLICATION TRACKING NUMBER THAT IS SPECIFIC TO BOTH THE STATE
    5  GRANTING AGENCY OR INDUSTRIAL DEVELOPMENT AGENCY AND  TO  EACH  APPLICA-
    6  TION;
    7    (2)  THE  OFFICE  MAILING  ADDRESS, OFFICE TELEPHONE NUMBER, AND CHIEF
    8  OFFICER OF THE GRANTING BODY OR INDUSTRIAL DEVELOPMENT AGENCY;
    9    (3) THE OFFICE MAILING ADDRESS, TELEPHONE NUMBER, AND THE NAME OF  THE
   10  CHIEF  OFFICER  OF THE APPLICANT OR AUTHORIZED DESIGNEE FOR THE SPECIFIC
   11  PROJECT SITE FOR WHICH DEVELOPMENT ASSISTANCE IS REQUESTED;
   12    (4) THE APPLICANT'S TOTAL NUMBER OF EMPLOYEES AT THE SPECIFIC  PROJECT
   13  SITE ON THE DATE THAT THE APPLICATION IS SUBMITTED TO THE STATE GRANTING
   14  BODY   OR   INDUSTRIAL  DEVELOPMENT  AGENCY,  INCLUDING  THE  NUMBER  OF
   15  FULL-TIME, PERMANENT JOBS, THE NUMBER OF PART-TIME JOBS, AND THE  NUMBER
   16  OF TEMPORARY JOBS;
   17    (5)  THE  TYPE OF DEVELOPMENT ASSISTANCE AND VALUE OF ASSISTANCE BEING
   18  REQUESTED;
   19    (6) THE NUMBER OF JOBS TO BE CREATED AND RETAINED OR BOTH CREATED  AND
   20  RETAINED  BY  THE  APPLICANT  AS A RESULT OF THE DEVELOPMENT ASSISTANCE,
   21  INCLUDING THE NUMBER OF FULL-TIME, PERMANENT JOBS, THE NUMBER  OF  PART-
   22  TIME JOBS, AND THE NUMBER OF TEMPORARY JOBS;
   23    (7)  A  DETAILED  LIST  OF  THE  OCCUPATION OR JOB CLASSIFICATIONS AND
   24  NUMBER OF NEW EMPLOYEES OR RETAINED EMPLOYEES TO BE HIRED IN  FULL-TIME,
   25  PERMANENT  JOBS,  A  SCHEDULE  OF  ANTICIPATED STARTING DATES OF THE NEW
   26  HIRES AND THE ANTICIPATED AVERAGE WAGE BY OCCUPATION OR JOB  CLASSIFICA-
   27  TION  AND  TOTAL  PAYROLL  TO  BE CREATED AS A RESULT OF THE DEVELOPMENT
   28  ASSISTANCE;
   29    (8) A LIST OF ALL OTHER  FORMS  OF  DEVELOPMENT  ASSISTANCE  THAT  THE
   30  APPLICANT  IS  REQUESTING  FOR THE SPECIFIC PROJECT SITE AND THE NAME OF
   31  EACH STATE GRANTING BODY OR INDUSTRIAL  DEVELOPMENT  AGENCY  FROM  WHICH
   32  THAT DEVELOPMENT ASSISTANCE IS BEING REQUESTED;
   33    (9)  A NARRATIVE, IF NECESSARY, DESCRIBING WHY THE DEVELOPMENT ASSIST-
   34  ANCE IS NEEDED AND HOW THE APPLICANT'S USE OF THE DEVELOPMENT ASSISTANCE
   35  MAY REDUCE EMPLOYMENT AT ANY SITE IN NEW YORK;
   36    (10) A CERTIFICATION BY THE CHIEF OFFICER OF THE APPLICANT OR  HIS  OR
   37  HER  AUTHORIZED  DESIGNEE THAT THE INFORMATION CONTAINED IN THE APPLICA-
   38  TION SUBMITTED TO THE GRANTING BODY  OR  INDUSTRIAL  DEVELOPMENT  AGENCY
   39  CONTAINS  NO  KNOWING  MISREPRESENTATION  OF  MATERIAL  FACTS UPON WHICH
   40  ELIGIBILITY FOR DEVELOPMENT ASSISTANCE IS BASED.
   41    (B) EVERY STATE GRANTING BODY OR INDUSTRIAL DEVELOPMENT AGENCY  EITHER
   42  SHALL  COMPLETE, OR SHALL REQUIRE THE APPLICANT TO COMPLETE, AN APPLICA-
   43  TION FORM THAT MEETS THE MINIMUM  REQUIREMENTS  AS  PRESCRIBED  IN  THIS
   44  SECTION  EACH  TIME  AN  APPLICANT  APPLIES  FOR  DEVELOPMENT ASSISTANCE
   45  COVERED BY THIS ARTICLE.
   46    (C) THE DIVISION SHALL HAVE THE DISCRETION TO MODIFY ANY  STANDARDIZED
   47  APPLICATION  FOR  STATE  DEVELOPMENT ASSISTANCE REQUIRED UNDER PARAGRAPH
   48  (A) OF THIS SECTION FOR ANY GRANTS THAT ARE NOT GIVEN AS AN INCENTIVE TO
   49  A RECIPIENT BUSINESS ORGANIZATION.
   50  S 1404. STATE DEVELOPMENT ASSISTANCE DISCLOSURE.
   51    (A) BEGINNING FEBRUARY FIRST, TWO THOUSAND  SEVENTEEN  AND  EACH  YEAR
   52  THEREAFTER,  EVERY STATE GRANTING BODY AND INDUSTRIAL DEVELOPMENT AGENCY
   53  SHALL SUBMIT TO THE DIVISION COPIES OF ALL DEVELOPMENT ASSISTANCE AGREE-
   54  MENTS THAT IT APPROVED IN THE PRIOR CALENDAR YEAR.
   55    (B) FOR EACH DEVELOPMENT ASSISTANCE AGREEMENT FOR WHICH  THE  DATE  OF
   56  ASSISTANCE HAS OCCURRED IN THE PRIOR CALENDAR YEAR, EACH RECIPIENT SHALL
       A. 5688                             5
    1  SUBMIT  TO THE DIVISION A PROGRESS REPORT THAT SHALL INCLUDE, BUT NOT BE
    2  LIMITED TO, THE FOLLOWING:
    3    (1) THE APPLICATION TRACKING NUMBER;
    4    (2)  THE OFFICE MAILING ADDRESS, TELEPHONE NUMBER, AND THE NAME OF THE
    5  CHIEF OFFICER OF THE GRANTING BODY OR INDUSTRIAL DEVELOPMENT AGENCY;
    6    (3) THE OFFICE MAILING ADDRESS, TELEPHONE NUMBER, AND THE NAME OF  THE
    7  CHIEF  OFFICER  OF THE APPLICANT OR AUTHORIZED DESIGNEE FOR THE SPECIFIC
    8  PROJECT SITE FOR WHICH THE DEVELOPMENT ASSISTANCE WAS  APPROVED  BY  THE
    9  STATE GRANTING BODY OR INDUSTRIAL DEVELOPMENT AGENCY;
   10    (4) THE TYPE OF DEVELOPMENT ASSISTANCE PROGRAM AND VALUE OF ASSISTANCE
   11  THAT  WAS  APPROVED BY THE STATE GRANTING BODY OR INDUSTRIAL DEVELOPMENT
   12  AGENCY;
   13    (5) THE APPLICANT'S TOTAL NUMBER OF EMPLOYEES AT THE SPECIFIC  PROJECT
   14  SITE  ON THE DATE THAT THE APPLICATION WAS SUBMITTED TO THE STATE GRANT-
   15  ING BODY OR INDUSTRIAL DEVELOPMENT  AGENCY  AND  THE  APPLICANT'S  TOTAL
   16  NUMBER  OF  EMPLOYEES  AT  THE  SPECIFIC PROJECT SITE ON THE DATE OF THE
   17  REPORT, INCLUDING THE NUMBER OF FULL-TIME, PERMANENT JOBS, THE NUMBER OF
   18  PART-TIME JOBS, AND THE NUMBER OF TEMPORARY JOBS, AND A  COMPUTATION  OF
   19  THE GAIN OR LOSS OF JOBS IN EACH CATEGORY;
   20    (6) THE NUMBER OF NEW EMPLOYEES AND RETAINED EMPLOYEES THAT THE APPLI-
   21  CANT STATED IN ITS DEVELOPMENT ASSISTANCE AGREEMENT, IF ANY, AND IF NOT,
   22  THEN IN ITS APPLICATION, WOULD BE CREATED BY THE DEVELOPMENT ASSISTANCE,
   23  BROKEN DOWN BY FULL-TIME, PERMANENT, PART-TIME, AND TEMPORARY;
   24    (7) A SWORN DECLARATION OF WHETHER THE RECIPIENT IS IN COMPLIANCE WITH
   25  THE DEVELOPMENT ASSISTANCE AGREEMENT;
   26    (8)  A  DETAILED  LIST  OF  THE  OCCUPATION OR JOB CLASSIFICATIONS AND
   27  NUMBER OF NEW EMPLOYEES OR RETAINED EMPLOYEES TO BE HIRED IN  FULL-TIME,
   28  PERMANENT  JOBS,  A  SCHEDULE  OF  ANTICIPATED STARTING DATES OF THE NEW
   29  HIRES AND THE ACTUAL AVERAGE WAGE BY OCCUPATION  OR  JOB  CLASSIFICATION
   30  AND  TOTAL  PAYROLL TO BE CREATED AS A RESULT OF THE DEVELOPMENT ASSIST-
   31  ANCE;
   32    (9) A NARRATIVE, IF NECESSARY, DESCRIBING HOW THE RECIPIENT'S  USE  OF
   33  THE DEVELOPMENT ASSISTANCE DURING THE REPORTING YEAR HAS REDUCED EMPLOY-
   34  MENT AT ANY SITE IN NEW YORK; AND
   35    (10)  A  CERTIFICATION BY THE CHIEF OFFICER OF THE APPLICANT OR HIS OR
   36  HER AUTHORIZED DESIGNEE THAT THE  INFORMATION  IN  THE  PROGRESS  REPORT
   37  CONTAINS  NO  KNOWING  MISREPRESENTATION  OF  MATERIAL  FACTS UPON WHICH
   38  ELIGIBILITY FOR DEVELOPMENT ASSISTANCE IS BASED.
   39    (C) THE STATE  GRANTING  BODY,  INDUSTRIAL  DEVELOPMENT  AGENCY  OR  A
   40  SUCCESSOR  AGENCY,  SHALL  HAVE  FULL  AUTHORITY  TO  VERIFY INFORMATION
   41  CONTAINED IN THE RECIPIENT'S PROGRESS REPORT, INCLUDING THE AUTHORITY TO
   42  INSPECT THE SPECIFIC PROJECT SITE AND INSPECT THE RECORDS OF THE RECIPI-
   43  ENT THAT ARE SUBJECT TO THE DEVELOPMENT ASSISTANCE AGREEMENT.
   44    (D) BY JUNE FIRST, TWO THOUSAND NINETEEN AND BY  JUNE  FIRST  OF  EACH
   45  YEAR  THEREAFTER, THE DIVISION SHALL COMPILE AND PUBLISH ALL DATA IN ALL
   46  OF THE PROGRESS REPORTS IN BOTH WRITTEN AND ELECTRONIC FORM.
   47    S 3. This act shall take effect on the ninetieth day  after  it  shall
   48  have become a law.