New York Real Property Tax Law Title 5 - ASSESSMENT CEILINGS FOR LOCAL PUBLIC UTILITY MASS REAL PROPERTY

• 499-Hhhh - Definitions.
  * When used in this title: 1. "Local public utility mass real property" means public utility mass real property that is located in a particular...
• 499-Iiii - Annual Fee.
  * Any costs and expenses incurred by the commissioner in the establishment of assessment ceilings for local public utility mass real property shall be paid...
• 499-Jjjj - Assessment of Local Public Utility Mass Real Property.
  * Subject to the provisions of section four hundred ninety-nine-qqqq of this title, the assessor in each city, town and village, and in each county...
• 499-Kkkk - Assessment Ceiling.
  * 1. To determine the extent to which local public utility mass real property shall be exempt under this title, an assessment ceiling for the...
• 499-Llll - Local Public Utility Mass Real Property Value.
  * The commissioner shall compute the local public utility mass real property value as follows: 1. The local reproduction cost of the public utility mass...
• 499-Mmmm - Equitable Ratio of Assessment.
  * The commissioner and any assessing authority shall be prohibited from assessing local public utility mass real property at a value that has a higher...
• 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...
• 499-Oooo - Tentative Determination of Assessment Ceiling; Notice, Complaints and Hearing.
  * 1. Each year the commissioner shall make a tentative determination of an assessment ceiling for all local public utility mass real property. Thereafter, the...
• 499-Pppp - Final Determination of Assessment Ceiling; Certificate.
  * 1. After the hearing provided in section four hundred ninety-nine-oooo of this title, the commissioner shall finally determine the assessment ceiling for the local...
• 499-Qqqq - Application of Assessment Ceiling; Computation of Exemption.
  * 1. Upon receipt of a certificate setting forth the final certified assessment ceiling for local public utility mass real property, the assessor shall compare...
• 499-Rrrr - Reports to Commissioner.
  * 1. The commissioner may require from an owner of a local public utility mass real property an annual report that shall include such information...
• 499-Ssss - Inspection of Accounts and Propertry of Public Utilities.
  * 499-ssss. Inspection of accounts and property of public utilities. 1. The commissioner shall, upon reasonable prior notice, have access at reasonable times to reasonable...

Last modified: February 3, 2019