New York Real Property Tax - Title 4 - § 562 Certain Property Used or Occupied by a Railroad
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New York Laws > New York Real Property Tax (RPT) > New York Real Property Tax - Title 4 - § 562 Certain Property Used or Occupied by a Railroad
§ 562. Certain property used or occupied by a railroad.
Notwithstanding the provisions of this chapter or any other law, real
property used or occupied by a railroad for purposes of railroad
operation, title to which is in the state of New York or in any
municipal corporation thereof under any of the grade crossing
elimination acts, shall be deemed property of the railroad for purposes
of taxation and shall be assessed and taxed in the same manner and to
the same extent as if such railroad were the owner thereof.
Section: Title 4 560 562 564 566 570 572 574 575 576 578 579 580 581 581-A
Last modified: February 18, 2012
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