Sec. 400.10. Reports to the Governor and Legislature  


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  • In preparation for the report which the superintendent is required to make beginning in the year 2000, pursuant to section 11(j) of the Tax Law, to the Governor, the Temporary President of the Senate, and the Speaker of the Assembly, the following information shall be maintained on a calendar year basis in a readily accessible form by the certified capital company and shall be reported to the superintendent upon request, in the form specified by the superintendent:
    (a) whether the certified capital company is holding certified capital;
    (b) the amount of certified capital invested in the certified capital company;
    (c) the cumulative amount that the certified capital company has invested as of January 1st of the year 2000 and the cumulative total each year thereafter;
    (d) the total amount of tax credits granted under section 11 each year that credits have been awarded under section 11 and section 1511(k) of the Tax Law;
    (e) the performance of the certified capital company with regard to the requirements for recertification set forth in section 11(c);
    (f) the classification of companies in which the certified capital company has invested according to industrial sector and size of company; and
    (g) the total number of jobs created by investments made by the certified capital company using certified capital.