### Question
How does New York Liberty Zone Benefits define termination date?


### Answer
Under *26 U.S.C. § 1400L*, **termination date** is defined as:

> December 31, 2006 (December 31, 2009, in the case of nonresidential real property and residential rental property)

#### Citation:
  - *26 U.S.C. § 1400L*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter Y-New York Liberty Zone Benefits**

