N.Y. Tax Law § 171-r: Brownfield credit report

§ 171-r. Brownfield credit report. (a) The commissioner, in

consultation with the commissioner of environmental conservation, must

publish a brownfield credit report annually by January thirty-first. The

first report must be published by January thirty-first, two thousand

nine.

(b) The brownfield credit report must contain the following

information about the credits claimed under sections twenty-one,

twenty-two and twenty-three of this chapter during the previous calendar

year:

(1) the name of each taxpayer claiming a credit; provided however, if

the taxpayer claims a credit because the taxpayer is a member of a

limited liability company, a partner in a partnership or a shareholder

in a subchapter S corporation, the name of each limited liability

company, partnership or subchapter S corporation earning any of those

credits must be included in the report instead of information about the

taxpayer claiming the credit;

(2) the amount of each credit earned by each taxpayer; provided

however, if the taxpayer claims a credit because the taxpayer is a

member of a limited liability company, a partner in a partnership or a

shareholder in a subchapter S corporation, the amount of credit earned

by each entity must be included in the report instead of information

about the taxpayer claiming the credit;

(3) information identifying the project for which a certificate of

completion was issued and the credit claimed under section twenty-one,

twenty-two or twenty-three of this chapter, including the name of the

project and municipality, including the county, in which the project is

located; and

(4) the number of credits by each credit type and the amount of such

credits granted, claimed and earned on a brownfield site, statewide and

department of environmental conservation region basis; and of those, the

number of credits and the average amount of such credits allowed to

taxpayers in each county, brownfield opportunity area designated

pursuant to section nine hundred seventy-r of the general municipal law

and in each environmental zone as defined in subdivision (b) of section

twenty-one of this chapter.

(5) copies of all reports received from developers pursuant to section

one hundred seventy-one-s of this article or, in the commissioner's

discretion, a summary of the contents of such reports.

(c) The information included in the brownfield credit report will be

based on the information filed with the department during the previous

calendar year, to the extent that it is practicable to use that

information.

(d) Such report shall also contain any other information received from

the commissioner of environmental conservation with regard to such

credits, and any other statistical information that such commissioner

deems to be useful in analyzing the effects of the program.

(e) The commissioner, in consultation with the commissioner of

environmental conservation, shall publish by January thirty-first, two

thousand sixteen a supplemental brownfield credit report containing the

information required by this section about the credits claimed for the

years two thousand five, two thousand six, and two thousand seven.