Governor Hochul Announces Applications Open For $250 Million COVID-19 Capital Costs Tax Credit Program
Small Businesses with 100 or Fewer Employees May Receive Tax Credits for Costs Incurred to Increase COVID-19 Safety
Governor Kathy Hochul announced applications are now being accepted for the COVID-19 Capital Costs Tax Credit Program which will support small businesses that made investments to comply with emergency orders and regulations, or to increase public safety in response to COVID-19. Nearly every operational business made health and safety upgrades and bought supplies to help mitigate the spread of coronavirus; Governor Hochul believes these businesses must be reimbursed.
