2025 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 for  the
restaurant   return-to-work   credit   and   the  additional  restaurant
return-to-work credit.
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.  The  application  for  the  tax  credit allowed under section four
hundred seventy-five of this article must be submitted by May first, two
thousand twenty-two. After reviewing a business entity's completed final
application for the restaurant  return-to-work  credit  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.
4. The application for the  tax  credit  allowed  under  section  four
hundred  seventy-five-a of this article must be submitted by July first,
two thousand twenty-two. After reviewing a business  entity's  completed
final  application  for  the additional restaurant return-to-work credit
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 additional tax credit.  A  business  entity  may
claim  the  tax  credit  in  the  taxable  year  that  includes December
thirty-first, two thousand twenty-two.