On or before March first of each year the superintendent shall report the amounts imposed and required to be paid pursuant to section twenty-eight hundred seven-t of the public health law that are allowed on returns filed during the preceding calendar year as credits in assessing the taxes imposed by section one thousand one hundred twelve of this chapter. Such report shall also include the amount, if any, by which taxes due and owing pursuant to such section one thousand one hundred twelve have been reduced because of the allowance of such credits. Such report shall be provided to the director of the budget and the commissioner of health.
New York Legal Code