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This entry was published on 2014-09-22
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SECTION 959-A
Rescinding of local incentives
General Municipal (GMU) CHAPTER 24, ARTICLE 18-B
§ 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provided by such municipality may be rescinded by local law or
resolution by the governing body of such municipality, notwithstanding
subdivision five of section four hundred eighty-five-e of the real
property tax law.