NYtax_creditmixedrefundable
Green CHIPS (Excelsior Climate and Health Initiative for Prosperity and Sustainability)
NY-EXCELSIOR-GREEN-CHIPS · New York
Summary
Sub-tier of Excelsior Jobs for climate-related manufacturing and energy projects; enhanced benefit rates; two-phase eligibility structure (Phase 1: 10 years; Phase 2: conditional on Phase 1 performance + ≥500 additional jobs, ≥$3B additional investment).
Benefit
- Percentage
- —
- Flat
- —
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- refundable_only
- Program family
- Excelsior
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (0)
None.
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (1)
- statewide — · Statewide (ESD-allocated, climate-focused sectors)
Tags (5)
- a03_pending: true
- a03_blocker_reason: Phased benefit periods (Phase 1 10yr + Phase 2 conditional on Phase 1 + new commitments); milestone schedules
- clawback_provision: true
- requires_application: true
- pre_approval_required: true
Tax bases
- corporate_income_taxprimary
- personal_income_taxprimary
Source
New York Economic Development Law Article 17
Last verified: 2026-04-19