New York Codes, Rules and Regulations
Chapter XXII - Start-Up NY Program
Part 220 - Suny Tax-free Areas To Revitalize And Transform Upstate New York (start-up Ny) Program
Section 220.11 - Amendments to a business's application for acceptance into the program

Current through Register Vol. 46, No. 12, March 20, 2024

This section applies to any amendments made to the original application following approval of the business applicant into the program pursuant to section 220.10 of this Part.

(a) Following approval and acceptance into the program, a business may amend any part of its application at any time to reflect any changes, so long as the amendments are made in the same manner as the application for participation in the program. A business may amend its schedule of job creation in the same manner that it applied for participation in the program, and any increase in eligibility for personal income tax benefits on behalf of additional net new jobs shall be subject to the limitations of section 220.6 of this Part.

(b) If the original application included a lease between the business applicant and a SUNY college or university, any amendments to the application may not violate the terms of such lease or provide for any contradictory terms.

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