Section 171-S. Brownfield redevelopment report  


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  • A developer, and his or her
      lessees, as defined in section twenty-two of this chapter, shall  submit
      to  the  commissioner  within  one  year,  and for each of the following
      eleven years, after the execution of a brownfield site cleanup agreement
      pursuant to section 27-1409 of the  environmental  conservation  law,  a
      report, in such format as the commissioner may specify. Such report will
      contain  information giving actual amounts, or estimates of such amounts
      if such actual amounts are unavailable to the developer,  of  the  state
      and  local  taxes  generated  by  the  corresponding  brownfield site as
      defined in section 27-1405 of the environmental  conservation  law.  The
      taxes  reported  are to reflect the taxes generated by the activities of
      the businesses and employees operating  at  such  brownfield  site.  The
      taxes  to be reported are any taxes generated pursuant to articles nine,
      nine-A, eleven, thirteen, twenty-two  (including,  but  not  necessarily
      limited  to,  all  wage or business income taxes raised pursuant to such
      article  twenty-two),  twenty-eight,  twenty-nine,  thirty,  thirty-one,
      thirty-two, thirty-three, thirty-three-A and thirty-three-B. Such annual
      report  from  a  developer shall also include any taxes generated from a
      corresponding brownfield site for New York city unincorporated  business
      taxes,  New  York  city  business  taxes,  New  York  city real property
      transfer and New York city mortgage taxes. The report shall also include
      any real property taxes paid on or on behalf of such site.