§ 60-04 Approval of Application for Childcare Center Tax Abatement or Enhanced Childcare Center Tax Abatement.
RCNY § 60-04
a. Pursuant to subdivision 4 of section 499-ccccc of the RPTL, upon a determination by the Department that an applicant has submitted proof acceptable to the Department that the requirements for obtaining a childcare center tax abatement or an enhanced childcare center tax abatement have been satisfied, the application of such applicant shall be approved. b. Upon approval of an application for a childcare center tax abatement or enhanced childcare center tax abatement, such abatement shall be applied to the real property tax liability of the eligible building for the tax year for which the abatement was sought, provided that there are no outstanding real property taxes, water and sewer charges, payments in lieu of taxes or other municipal charges with respect to such eligible building. (Added City Record 2/24/2023, eff. 2/24/2023)
