New York Real Property Tax Law Section 499-NNNN - Equalization rate.

*   499-nnnn.  Equalization rate. In determining assessment ceilings,
  the commissioner shall apply the final state equalization rate  for  the
  assessment  roll  of  the  local  assessing  jurisdiction  for which the
  ceiling is established.  If  that  final  rate  is  not  available,  the
  commissioner  shall  apply the most recent final state equalization rate
  for  the  local  assessing  jurisdiction,  except  that  if  a   special
  equalization  rate  has  been  established  as  provided in title two of
  article twelve of this chapter, such rate shall be applied. In the  case
  of  a  special assessing unit as defined in section eighteen hundred one
  of this chapter, the equalization  rate  to  be  applied  shall  be  the
  applicable class equalization rate.
* NB Repealed January 1, 2019

Last modified: February 3, 2019