Ideal Corp. v. New York State Tax Commission

*421OPINION OF THE COURT

Mahoney, P. J.

Petitioner, a Brooklyn subsidiary of a Cleveland based international manufacturing company, was a participant in a job incentive program established under Commerce Law former article 4-A. The program, created by the Legislature in 1968, was designed to combat unemployment in various parts of the State by offering tax incentives to encourage businesses to establish, remain or expand in those areas. The program was administered by the Job Incentive Board which was composed of, among others, the Commissioners of Commerce and Taxation and Finance. The program was…