Establishes the relocated worker grant program to provide reimbursement grants to relocated workers for qualifying expenses.
The bill establishes the relocated worker grant program, which requires the Empire State Development Corporation to design and implement the program. This includes a certification process for relocated workers and qualifying expenses for reimbursement grants. A relocated worker is defined as a full-time employee who becomes a resident of New York on or after January 1, 2027, and relocates to a city with a population between 90,000 and 300,000. Qualifying expenses include relocation costs, computer software and hardware, broadband access, and membership fees for co-working spaces.
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