New York Real Property Tax Law Title 5 - OIL AND GAS ECONOMIC UNITS

• 590 - Definitions.
  1. "Economic profile" means a net cash flow analysis of a financial summary of an average or typical oil or gas economic unit, based upon...
• 592 - Determination of Unit of Production Values.
  1. (a) The commissioner shall annually develop one or more economic profiles for gas and one or more economic profiles for oil for use in...
• 593 - Oil and Gas Charges.
  * 1. Each year the state office shall charge producers for the establishment of unit of production values. The amount of such charge to each...
• 594 - Assessment of Oil and Gas Economic Units.
  1. Oil and gas economic units shall be assessed only in the manner provided in this title. Notwithstanding the provisions of subdivision two of section...
• 595 - Reporting to Assessors.
  1. No less than sixty days before the taxable status date, the assessor shall cause to be sent, by registered or certified mail, a notice...
• 596 - Taxable Status; Judicial Review.
  1. (a) Notwithstanding the provisions of subdivision one of section three hundred two of this chapter, the value of oil and gas economic units to...
• 597 - Confidentiality.
  Information submitted by producers to the commissioner and to assessors pursuant to this title shall not be subject to the provisions of article six of...

Last modified: February 3, 2019