New York Laws
Title 2-F - Abatement of Tax Payments for Certain Industrial and Commercial Properties in a City of One Million or More Persons
489-JJJJJJ - Penalties for Non-Compliance, False Statements and Omissions.

ยง 489-jjjjjj. Penalties for non-compliance, false statements and
omissions. Denial, reduction, suspension, termination or revocation. The
department may deny, reduce, suspend, terminate or revoke any abatement
benefits where:

1. A recipient fails to comply with the requirements of this title or
the related rules promulgated by the department; or

2. An application, certificate, report or other document delivered by
an applicant or recipient hereunder contains a false or misleading
statement as to a material fact or omits to state any material fact
necessary to make the statements not false or misleading, and may
declare any applicant or recipient who makes such false or misleading
statement or omission ineligible for future tax abatements for this
property or another property; or

3. A recipient is found to have failed to cure any violation of state,
city, or municipal business regulations or ordinances related to payment
of taxes, payment of wages, or fraudulent representation to governmental
entities.