{"data":{"id":"us-ny/n.y.-economic-development-law-484","jurisdiction":"us-ny","citation":"N.Y. Economic Development Law § 484","heading":"Application and approval process","body":"§ 484. Application and approval process. 1. A business entity must\nsubmit a complete application as prescribed by the commissioner.\n  2. The commissioner shall establish procedures and a timeframe for\nbusiness entities to submit applications. As part of the application,\neach business entity must:\n  (a) provide evidence in a form and manner prescribed by the\ncommissioner of their business eligibility;\n  (b) agree to allow the department of taxation and finance to share the\nbusiness entity's tax information with the department. However, any\ninformation shared as a result of this program shall not be available\nfor disclosure or inspection under the state freedom of information law;\n  (c) allow the department and its agents access to any and all books\nand records the department may require to monitor compliance;\n  (d) certify, under penalty of perjury, that it is in substantial\ncompliance with all emergency orders or public health regulations\ncurrently required of such entity, and local, and state tax laws;\n  (e) certify, under penalty of perjury, that it did not include any\ncost paid for with other COVID-19 grant funds as determined by the\ncommissioner in its application for a tax credit under the COVID-19\ncapital costs tax credit program; and\n  (f) agree to provide any additional information required by the\ndepartment relevant to this article.\n  3. After reviewing a business entity's completed final application and\ndetermining that the business entity meets the eligibility criteria as\nset forth in this article, the department may issue to that business\nentity a certificate of tax credit.\n  4. The business entity must submit its application by September\nthirtieth, two thousand twenty-three.","path":["Economic Development Law","Article 26. Covid-19 Capital Costs Tax Credit Program"],"source_url":"https://legislation.nysenate.gov/api/3/laws/COM/484","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"911dbc744fabfdc50b9c0a70bcb8008df9d52c8694c9cc717806f52b61ff1dfb","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-economic-development-law-483","next":"us-ny/n.y.-economic-development-law-485"},"notice":"GroundRules: Original legal text. Not legal advice."}