(a) has completed an application prescribed by the department to be
admitted into the program;
(b) has been issued a certificate of eligibility by the department;
(c) has demonstrated that it meets the eligibility criteria in section
four hundred twenty-three and subdivision two of section four hundred
twenty-four of this article; and
(d) has been certified as a participant by the commissioner.
10. "Preliminary schedule of benefits" means the maximum aggregate
amount of the tax credit that a participant in the empire state jobs
retention program is eligible to receive pursuant to this article. The
schedule shall indicate the annual amount of the credit a participant
may claim in each of its ten years of eligibility. The preliminary
schedule of benefits shall be issued by the department when the
department approves the application for admission into the program. The
commissioner may amend that schedule, provided that the commissioner
complies with the credit caps in section three hundred fifty-nine of
this chapter.
11. "Related person" means a related person pursuant to subparagraph
(c) of paragraph three of subsection (b) of section four hundred
sixty-five of the internal revenue code.
12. "Scientific research and development" means conducting research
and experimental development in the physical, engineering, and life
sciences, including but not limited to agriculture, electronics,
environmental, biology, botany, biotechnology, computers, chemistry,
food, fisheries, forests, geology, health, mathematics, medicine,
oceanography, pharmacy, physics, veterinary, and other allied subjects.
For the purposes of this article, scientific research and development
does not include medical or veterinary laboratory testing facilities.
13. "Software development" means the creation of coded computer
instructions and includes new media as defined by the commissioner in
regulations.