New York Real Property Tax Law Section 499-UUUU - Annual fee.

* 499-uuuu. Annual fee. Any costs and expenses incurred by the commissioner under the energy-related public utility mass real property central assessment pilot program shall be paid from the collection of an annual charge upon the owners of such local energy-related public utility mass real property. The commissioner shall provide by rule for computation of such charge through the apportionment of these costs and expenses to owners of local energy-related public utility mass real property in relation to the total full value of the local energy-related public utility mass real property eligible for an assessment ceiling pursuant to this title. Prior to collecting payment of such charges, the commissioner shall annually provide a detailed report to each owner of local energy-related public utility mass real property identifying costs related to the establishment of assessment ceilings, including, but not limited to, expenditures, revenue sources and any allocations. The charges established pursuant to this section shall be subject to the approval of the director of the budget. Each owner of local energy-related public utility mass real property shall be authorized to challenge any such charges pursuant to article seventy-eight of the civil practice law and rules. All fees collected by the commissioner under this section shall be retained by the department for the purposes outlined herein.

* NB Repealed January 1, 2023


Last modified: February 3, 2019