§ 966 — Special provisions relating to empire zones and zone equivalent areas

§ 966. Special provisions relating to empire zones and zone equivalent\nareas. In addition to the benefits provided for in this article, other\nbenefits applicable to empire zones are provided elsewhere in the\nconsolidated laws, and benefits are provided in the case of zone\nequivalent areas, as follows:\n (a) For real property tax increase exemption, see section four hundred\neighty-five-e of the real property tax law;\n (b) For reduction in utility costs of non-retail business customers in\nan empire zone, and a correlative tax credit, see subdivision eight of\nsection one hundred eighty-six-a of the tax law;\n (c) For credits against the tax imposed under article nine-A of the\ntax law, based on investments in certain eligible property in an empire\nzone, see subdivisions twelve-B and twelve-C of section two hundred ten\nof the tax law;\n (d) For a credit against the tax imposed under article twenty-two of\nthe tax law, based on investments in certain eligible property in an\nempire zone, see subsection (j) of section six hundred six of the tax\nlaw;\n (e) For credits against the taxes imposed under articles nine-A,\ntwenty-two, thirty-two and thirty-three of the tax law, based on wages\npaid to certain employees employed by a business located in an empire\nzone or in a zone equivalent area, see subdivision nineteen of section\ntwo hundred ten, subsection (k) of section six hundred six, subsection\n(e) of section fourteen hundred fifty-six and subdivision (g) of section\nfifteen hundred eleven, respectively, of the tax law;\n (f) For credits against the tax imposed under articles nine-A,\ntwenty-two, thirty-two and thirty-three of the tax law, based on\nqualified investments in or contributions to empire zone capital\ncorporations, qualified investments in certified zone businesses and\ncontributions to community development projects, see subdivision twenty\nof section two hundred ten, subsection (l) of section six hundred six,\nsubsection (d) of section fourteen hundred fifty-six, and subdivision\n(h) of section fifteen hundred eleven of the tax law;\n (g) For refund or credit of payments of certain of the taxes imposed\nunder article twenty-eight and, at local option, pursuant to the\nauthority of article twenty-nine of the tax law, with respect to\npurchases of materials used in constructing, expanding or rehabilitating\ncertain business property located in an empire zone, see subdivision (a)\nof section eleven hundred nineteen of the tax law; and\n (h) For availability of special empire zone rates governing the\nprovision of gas or electric service, see subdivision twelve-c of\nsection sixty-six of the public service law. Such special empire zone\nrates may remain available to business enterprises certified pursuant to\nthis article for a period of up to ten years following initial\ncertification, unless such certification is revoked, notwithstanding the\nexpiration of the designation of an empire zone.\n