Cap on tax credit

* § 446. Cap on tax credit. The total amount of tax credits listed on\ncertificates of tax credit issued by the commissioner for any taxable\nyear may not exceed five million dollars, and shall be allotted from the\nfunds available for tax credits under the excelsior jobs program act\npursuant to section three hundred fifty-nine of this chapter, provided\nhowever, that the portion of this tax credit cap allocated to internship\nprograms in advanced technology shall be not less than two hundred fifty\nthousand dollars nor more than one million dollars.\n * NB Repealed December 31, 2028\n