N.Y. Real Prop. Tax Law § 489-JJJJJJ

Current through 2024 NY Law Chapter 553
Section 489-JJJJJJ - Penalties for non-compliance, false statements and omissions

Denial, reduction, suspension, termination or revocation. The department may deny, reduce, suspend, terminate or revoke any abatement benefits where:

1. A recipient fails to comply with the requirements of this title or the related rules promulgated by the department; or
2. An application, certificate, report or other document delivered by an applicant or recipient hereunder contains a false or misleading statement as to a material fact or omits to state any material fact necessary to make the statements not false or misleading, and may declare any applicant or recipient who makes such false or misleading statement or omission ineligible for future tax abatements for this property or another property; or
3. A recipient is found to have failed to cure any violation of state, city, or municipal business regulations or ordinances related to payment of taxes, payment of wages, or fraudulent representation to governmental entities.

N.Y. Real Prop. Tax. Law § 489-JJJJJJ

Amended by New York Laws 2020, ch. 56,Sec. SS-7, eff. 4/3/2020.