New York General Municipal Law Article 18-B - NEW YORK STATE EMPIRE ZONES
- 955 - Short Title.
This article shall be known and may be cited as the "New York state empire zones act."
- 956 - Statement of Legislative Findings and Declaration.
It is hereby found and declared that there exist within the state certain areas characterized by persistent and pervasive poverty, high unemployment, limited new job...
- 957 - Definitions.
As used in this article, the following words and terms shall have the following meanings unless the context shall indicate another or different meaning or...
- 958 - Criteria for Empire Zone Designation.
(a) To be eligible for designation as an empire zone, an area must be characterized by pervasive poverty, high unemployment and general economic distress, must...
- 959 - Responsibilities of the Commissioner.
The commissioner shall: (a) After consultation with the director of the budget, the commissioner of labor, and the commissioner of taxation and finance, promulgate regulations,...
- 959-a - Rescinding of Local Incentives.
Should a certified business enterprise in an empire zone be decertified, any local incentive provided by such municipality may be rescinded by local law or...
- 959-b - Clean Energy Enterprises.
(a) For purposes of this section, "clean energy enterprise" shall mean any business primarily engaged in research, development or manufacturing of renewable energy or energy...
- 960 - Designation of Empire Zones.
(a) The empire zones designation board is hereby created. Such board shall consist of the commissioner of taxation and finance, the director of the budget,...
- 961 - Application for Empire Zone Designation.
(a) A city, county (other than a county located wholly within a city), town or village may adopt a local law authorizing such municipal corporation...
- 962 - Empire Zone Development Plan.
An empire zone development plan shall be submitted for approval with the commissioner and with the local empire zone administrative board, and shall demonstrate the...
- 963 - Local Administration of Empire Zones.
(a) The local empire zone administrative board shall: (i) develop short-term goals for zone activities on an annual basis; (ii) prepare, or cause to be...
- 964 - Empire Zone Capital Corporations.
(a) No more than three empire zone capital corporations may be established in each zone for the purpose of raising funds through private and public...
- 965 - Designation of Empire Zone As a Foreign Trade Zone.
Any city, county, town or village which contains an area which is designated an empire zone in accordance with this article, is hereby authorized to...
- 966 - Special Provisions Relating to Empire Zones and Zone Equivalent Areas.
In addition to the benefits provided for in this article, other benefits applicable to empire zones are provided elsewhere in the consolidated laws, and benefits...
- 967 - Division of Taxes by Governmental Bodies.
(a) The governing board of any city, town, village or county in which an empire zone is located is hereby authorized and empowered to: (i)...
- 968 - Disposition of Property.
(a) Notwithstanding any provision of any other law to the contrary, in order to further the purposes of the empire zones program, any real or...
- 969 - Termination or Revision of an Empire Zone.
(a) Except as provided in this section, any designation of an area as an empire zone shall remain in effect during the period beginning on...
Last modified: February 3, 2019