ยง 488. Reporting. Each business entity participating in this program
shall submit a performance report to the department at a time prescribed
in regulations by the commissioner. The commissioner shall on or before
April first, two thousand twenty-three and every quarter thereafter
until program funds are fully expended, submit a report to the governor,
the temporary president of the senate, the speaker of the assembly, the
chair of the senate finance committee, and the chair of the assembly
ways and means committee, setting forth the activities undertaken by the
program. Such report shall include, but not necessarily be limited to,
the following in each reporting period to the extent such information is
available: total number of participants approved and the economic
development region in which the business is located; total amount of
payments disbursed and tax credits claimed, and average amount of
payments disbursed and tax credits claimed; names of payment recipients
and tax credits claimed; and such other information as the commissioner
determines necessary and appropriate to effectuate the purpose of the
program. Such reports shall, at the same time, be included on the
department's website and any other publicly accessible database that
lists economic development programs as determined by the department.