2023 New York Laws › GMU - General Municipal › Article 18-B - New York State Empire Zones › 966 - Special Provisions Relating to Empire Zones and Zone Equivalent Areas.

§ 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  are  provided  in  the  case of zone
equivalent areas, as follows:
(a) For real property tax increase exemption, see section four hundred
eighty-five-e of the real property tax law;
(b) For reduction in utility costs of non-retail business customers in
an empire zone, and a correlative tax credit, see subdivision  eight  of
section one hundred eighty-six-a of the tax law;
(c)  For  credits  against the tax imposed under article nine-A of the
tax law, based on investments in certain eligible property in an  empire
zone,  see subdivisions twelve-B and twelve-C of section two hundred ten
of the tax law;
(d) For a credit against the tax imposed under article  twenty-two  of
the  tax  law,  based  on investments in certain eligible property in an
empire zone, see subsection (j) of section six hundred six  of  the  tax
law;
(e)  For  credits  against  the  taxes  imposed under articles nine-A,
twenty-two, thirty-two and thirty-three of the tax law, based  on  wages
paid  to  certain  employees employed by a business located in an empire
zone or in a zone equivalent area, see subdivision nineteen  of  section
two  hundred  ten, subsection (k) of section six hundred six, subsection
(e) of section fourteen hundred fifty-six and subdivision (g) of section
fifteen hundred eleven, respectively, of the tax law;
(f) For  credits  against  the  tax  imposed  under  articles  nine-A,
twenty-two,  thirty-two  and  thirty-three  of  the  tax  law,  based on
qualified  investments  in  or  contributions  to  empire  zone  capital
corporations,  qualified  investments  in  certified zone businesses and
contributions to community development projects, see subdivision  twenty
of  section  two hundred ten, subsection (l) of section six hundred six,
subsection (d) of section fourteen hundred  fifty-six,  and  subdivision
(h) of section fifteen hundred eleven of the tax law;
(g)  For  refund or credit of payments of certain of the taxes imposed
under article  twenty-eight  and,  at  local  option,  pursuant  to  the
authority  of  article  twenty-nine  of  the  tax  law,  with respect to
purchases of materials used in constructing, expanding or rehabilitating
certain business property located in an empire zone, see subdivision (a)
of section eleven hundred nineteen of the tax law; and
(h) For availability  of  special  empire  zone  rates  governing  the
provision  of  gas  or  electric  service,  see  subdivision twelve-c of
section sixty-six of the public service law. Such  special  empire  zone
rates may remain available to business enterprises certified pursuant to
this  article  for  a  period  of  up  to  ten  years  following initial
certification, unless such certification is revoked, notwithstanding the
expiration of the designation of an empire zone.