2021 New York Laws
COM - Economic Development Law
Article 25 - Restaurant Return-to-Work Tax Credit Program
474 - Application and Approval Process.

§  474.  Application  and  approval process. 1. A business entity must
submit a complete application as prescribed by the commissioner.
  2. The commissioner shall establish procedures  and  a  timeframe  for
business  entities  to  submit applications. As part of the application,
each business entity must:
  (a)  provide  evidence  in  a  form  and  manner  prescribed  by   the
commissioner of their business eligibility;
  (b) agree to allow the department of taxation and finance to share the
business  entity's  tax  information  with  the department. However, any
information shared as a result of this program shall  not  be  available
for disclosure or inspection under the state freedom of information law;
  (c)  agree  to  allow  the  department  of  labor to share its tax and
employer information  with  the  department.  However,  any  information
shared as a result of this program shall not be available for disclosure
or inspection under the state freedom of information law;
  (d)  allow  the  department and its agents access to any and all books
and records the department may require to monitor compliance;
  (e) certify, under penalty of  perjury,  that  it  is  in  substantial
compliance  with  all  emergency  orders  or  public  health regulations
currently required of such entity, and local, and state tax laws; and
  (f) agree to  provide  any  additional  information  required  by  the
department relevant to this article.
  3. After reviewing a business entity's completed final application and
determining  that  the business entity meets the eligibility criteria as
set forth in this article, the department may  issue  to  that  business
entity  a certificate of tax credit. A business entity may claim the tax
credit in the taxable year  that  includes  December  thirty-first,  two
thousand twenty-one.