N.Y. Comp. Codes R. & Regs. tit. 5 § 260.3

Current through Register Vol. 46, No. 43, October 23, 2024

Section 260.3 - Eligibility criteria

(a) To be eligible for this program, an applicant must be:

(1) a qualified life sciences company as defined in section 260.2(e) of this Part; and

(2) a new business as defined in section 260.2(d) of this Part.

(b) An applicant must be in substantial compliance with all worker protection and environmental laws and regulations.

(c) An applicant may not owe past due State or local taxes; provided, however, in the case of a tax certiorari proceeding, a business entity would not be considered in arrears until a final decision is made with respect to such proceeding.

N.Y. Comp. Codes R. & Regs. Tit. 5 § 260.3