New York Real Property Tax Code § 499-EEE

Revocation of tax abatement
Open in Lexace · Ask the AI about this section
§ 499-eee. Revocation of tax abatement. 1. The department of finance\nshall revoke, in whole or in part, any tax abatement granted pursuant to\nthis title whenever a designated agency has determined and notified the\ndepartment of finance that:\n  (a) an applicant has failed to comply with a requirement of this title\nor any rule promulgated hereunder at any time during the compliance\nperiod, including without limitation any of the continuing requirements\nset forth in subdivision one of section four hundred ninety-nine-ddd of\nthis title;\n  (b) an eligible building has not been in compliance during all or part\nof the compliance period with any requirement of this title or any rule\npromulgated hereunder;\n  (c) the green roof for which a tax abatement was granted has at any\ntime during the compliance period failed to meet any requirement for a\ngreen roof pursuant to this title or any rule promulgated hereunder;\n  (d) the green roof has become a fire or safety hazard at any time\nduring the compliance period; or\n  (e) an application, certification, report or other document submitted\nby the applicant contains a false or misleading statement as to a\nmaterial fact or omits to state any material fact necessary in order to\nmake the statement therein not false or misleading.\n  2. The department of finance may revoke, in whole or in part, any tax\nabatement granted pursuant to this title whenever it has determined that\nan applicant has failed to comply with the continuing requirement set\nforth in subdivision two of section four hundred ninety-nine-ddd of this\ntitle.\n  3. Where it has been determined by a designated agency, after notice\nto and an opportunity to be heard by the entity receiving the tax\nrebate, that a situation described in any of the provisions of\nsubdivision one of this section has occurred, such designated agency\nshall so notify the department of finance no later than the ninetieth\nday after the last day of the compliance period.\n  4. An applicant shall pay, with interest, such part of any tax\nabatement received pursuant to this title that represents the period of\nnon-compliance as determined by the designated agency or the department\nof finance, as the case may be. In addition, a designated agency may\ndeclare any applicant ineligible for future tax abatement pursuant to\nthis title if any application, certification, report or other document\nsubmitted by the applicant contains a false or misleading statement as\nto a material fact or omits to state any material fact necessary in\norder to make the statement therein not false or misleading.\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.