N.Y. Comp. Codes R. & Regs. tit. 5 § 102.7

Current through Register Vol. 46, No. 53, December 31, 2024

Section 102.7 - Contents of certificate of eligibility

(a) A certificate of eligibility for tax credits, and any renewal or extension thereof, shall include:

(1) the name of the business concern;

(2) the location of the eligible business facility or facilities;

(3) the taxable year to which the certificate relates;

(4) the total amount of eligible property values included in the business facility or facilities, and the prorated amount thereof for tax credit purposes;

(5) the total amount of eligible wages paid at the facility for jobs created or retained; and

(6) a list of jobs created or retained by the business facility or facilities.

(b) A certificate of eligibility for real property tax exemptions, and any renewal or extension thereof, shall include:

(1) the name of the business concern;

(2) the location of the eligible business facility or facilities;

(3) the taxable status date to which the certificate relates;

(4) the city, county, town, village or school board that has enacted a local law or resolution in the eligible area of the facility or facilities; and

(5) a brief description of the improvements made to the business facility or facilities.

N.Y. Comp. Codes R. & Regs. Tit. 5 § 102.7