Section 489-JJJJJJ. Penalties for non-compliance, false statements and omissions

Denial, reduction, suspension, termination or revocation. The
  department may deny, reduce, suspend, terminate or revoke any  abatement
  benefits where:
    1.  A recipient fails to comply with the requirements of this title or
  the related rules promulgated by the department; or
    2. An application, certificate, report or other document delivered  by
  an  applicant  or  recipient  hereunder  contains  a false or misleading
  statement as to a material fact or omits  to  state  any  material  fact
  necessary  to  make  the  statements  not  false  or misleading, and may
  declare any applicant or recipient who makes such  false  or  misleading
  statement  or  omission  ineligible  for  future tax abatements for this
  property or another property.