N.Y. PBG Law § 24
This is the official text of N.Y. PBG Law § 24, part of New York’s PBG Law — part of the compiled statutory law of New York, published by the state as "PBG Law." Browse the sections below, each linked to its official government source.
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Credit recapture
Official statutory text
§ 24. Credit recapture. If, as of the close of any taxable year in the\ncompliance period, the amount of the qualified basis of any building\nwith respect to the taxpayer is less than the amount of such basis as of\nthe close of the preceding taxable year, the credit under this article\nmay be recaptured as provided in section eighteen of the tax law.\n
Status: in_force · Read it on the official government site
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