§ 2315 — Uniform tax exemption policy

§ 2315. Uniform tax exemption policy. 1. The authority shall\nestablish a uniform tax exemption policy, with input from affected local\ntaxing jurisdictions, which shall be applicable to provisions of\nfinancial assistance pursuant to section twenty-three hundred seven of\nthis title and shall provide guidelines for the claiming of real\nproperty, mortgage recording, and sales tax exemptions. Such guidelines\nshall include, but not be limited to: period of exemption; percentage of\nexemption; types of projects for which exemptions may be claimed;\nprocedures for payments in lieu of taxes and instances in which real\nproperty appraisals are to be performed as a part of an application for\ntax exemption; in addition, the authority in adopting such policy shall\nconsider such issues as: the extent to which a project will create or\nretain permanent, private sector jobs; the estimated value of any tax\nexemption to be provided; whether affected tax jurisdictions should be\nreimbursed by the project occupant if a project does not fulfill the\npurposes for which an exemption was provided; the impact of a proposed\nproject on existing and proposed businesses and economic development\nprojects in the vicinity; the amount of private sector investment\ngenerated or likely to be generated by the proposed project; the\ndemonstrated public support for the proposed project; the likelihood of\naccomplishing the proposed project in a timely fashion; the effect of\nthe proposed project upon the environment; the extent to which the\nproject will utilize, to the fullest extent practicable and economically\nfeasible, resource conservation, energy efficiency, green technologies,\nand alternative and renewable energy measures; the extent to which the\nproject will provide onsite child care services or otherwise facilitate\nnew child care services; the extent to which the proposed project will\nrequire the provision of additional services, including, but not limited\nto additional educational, transportation, police, emergency medical or\nfire services; and the extent to which the proposed project will provide\nadditional sources of revenue for municipalities and school districts.\n 2. The authority shall establish a procedure for deviation from the\nuniform tax exemption policy required pursuant to this section. The\nauthority shall set forth in writing the reasons for deviation from such\npolicy, and shall further notify by certified mail, return receipt\nrequested or an electronic correspondence with a read-receipt, the\naffected local taxing jurisdictions of the proposed deviation from such\npolicy and the reasons therefor. When the affected tax jurisdiction is a\nschool district, the authority shall notify by certified mail, return\nreceipt requested or an electronic correspondence with a read-receipt,\nthe district clerk and district superintendent of each affected school\ndistrict.\n