New York Statutes
§ 24 — Credit recapture
New York § 24
JurisdictionNew York
Law PBGPublic Housing
Art. 2-ANew York State Low Income Housing Tax Credit Program
This text of New York § 24 (Credit recapture) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Public Housing § 24 (2026).
Text
§ 24. Credit recapture. If, as of the close of any taxable year in the\ncompliance period, the amount of the qualified basis of any building\nwith respect to the taxpayer is less than the amount of such basis as of\nthe close of the preceding taxable year, the credit under this article\nmay be recaptured as provided in section eighteen of the tax law.\n
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Bluebook (online)
New York § 24, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/PBG/24.