Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
New York
Reporting Jurisdiction:
New York
Jurisdiction type
:
State
Fiscal year ending In:
2020
Program name:
Other tax abatement programs
Program purpose
:
Economic development
Statutory authority
:
multiple
Abating jurisdiction(s)
:
State of New York
Applicable taxes:
multiple
Method of abatement
:
multiple
Provisions for recapture
:
(no provisions for recapture)
Gross revenue loss
:
$20,000,000
Reimbursement / offset
:
$0
Net revenue loss
:
$20,000,000
Type of loss
:
Active
Additional notes on dislosure:
These include the Workers with Disabilities Tax Credits, the Employee Training Incentive Program, the Musical and Theatrical Production Credit, the Excelsior Business Program (formerly START-UP NY) Tax Elimination Credit and the Historical Homeowners Rehabilitation Tax Credit.