New York § 471 Statement of legislative findings and declaration

New York Statutes

§ 471 — Statement of legislative findings and declaration

New York § 471

Law COMEconomic Development Law

Art. 25Restaurant Return-to-work Tax Credit Program

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N.Y. Economic Development Law § 471 (2026).

Text

  § 471. Statement of legislative findings and declaration. It is hereby\nfound and declared that New York state needs, as a matter of public\npolicy, to create financial incentives for restaurants that have\nsuffered economic harm as a result of the COVID-19 pandemic to\nexpeditiously rehire workers and increase total employment. The\nrestaurant return-to-work tax credit program is created to provide\nfinancial incentives to economically harmed restaurants to offer relief,\nexpedite their hiring efforts, and reduce the duration and severity of\nthe current economic difficulties.\n

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§ 471. Statement of legislative findings and declaration. It is hereby\nfound and declared that New York state needs, as a matter of public\npolicy, to create financial incentives for restaurants that have\nsuffered economic harm as a result of the COVID-19 pandemic to\nexpeditiously rehire workers and increase total employment. The\nrestaurant return-to-work tax credit program is created to provide\nfinancial incentives to economically harmed restaurants to offer relief,\nexpedite their hiring efforts, and reduce the duration and severity of\nthe current economic difficulties.\n