§ 489-IIIIII — Code violations; suspension, termination or revocation of benefits

New York § 489-IIIIII

• Jurisdiction: New York
• Law RPT: Real Property Tax
• Title 2-F: Abatement of Tax Payments For Certain Industrial and Commercial Properties In a City of One Million or More Persons
• Art. 4: Exemptions

Text

§ 489-iiiiii. Code violations; suspension, termination or revocation\nof benefits. 1. Abatement benefits shall be suspended, terminated or\nrevoked if the recipient is found to have failed to cure violations of\napplicable building, fire, or air pollution control codes on the\nproperty for which benefits have been granted or any state, city, or\nmunicipal business regulations or ordinances in a manner specified by\nlocal law or ordinance related to payment of taxes, payment of wages, or\nfraudulent representation to governmental entities.\n 2. Abatement benefits shall be suspended, terminated or revoked if the\nrecipient is found to have violated any provision of article fifteen of\nthe executive law by a competent authority, agency or court.\n 3. All taxes plus interest required to be paid retroactively pursuant\nto this title shall constitute a tax lien as of the date it is\ndetermined such taxes and interest are owed. Interest shall be\ncalculated from the date the taxes would have been due but for the\nabatement claimed pursuant to this title at the interest rate imposed by\nsuch city for non-payment of property tax.\n