N.Y. Economic Development Law § 481: Statement of legislative findings and declaration

§ 481. Statement of legislative findings and declaration. It is hereby

found and declared that New York state needs, as a matter of public

policy, to provide critical assistance to small businesses to comply

with public health or other emergency orders or regulations, and to take

infectious disease mitigation measures related to the COVID-19 pandemic.

The COVID-19 capital costs tax credit program is created to provide

financial assistance to economically harmed businesses to offer relief

and reduce the duration and severity of the current economic

difficulties.