New York Consolidated Laws, Economic Development Law - COM § 483. Eligibility criteria

1. To be eligible for a tax credit under the COVID-19 capital costs tax credit program, a business entity must:

2. A business entity must be in substantial compliance with any public health or other emergency orders or regulations related to the entity's business sector or other laws and regulations as determined by the commissioner.  In addition, a business entity may not owe past due state taxes or local property taxes unless the business entity is making payments and complying with an approved binding payment agreement entered into with the taxing authority.