New York Real Property Tax Code § 499-IIII

Annual fee
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* § 499-iiii. Annual fee. Any costs and expenses incurred by the\ncommissioner in the establishment of assessment ceilings for local\npublic utility mass real property shall be paid from the collection of\nan annual charge upon the owners of local public utility mass real\nproperty. The commissioner shall provide by rule for computation of such\ncharge through the apportionment of these costs and expenses to owners\nof local public utility mass real property in relation to the total full\nvalue of the local public utility mass real property eligible for an\nassessment ceiling pursuant to this title. Prior to collecting payment\nof such charges, the commissioner shall annually provide a detailed\nreport to each owner of local public utility mass real property\nidentifying costs related to establishment of assessment ceilings,\nincluding, but not limited to, expenditures, revenue sources and any\nallocations. The charges established pursuant to this section shall be\nsubject to the approval of the director of the budget. Each owner of\nlocal public utility mass real property shall be authorized to challenge\nany such charges pursuant to article seventy-eight of the civil practice\nlaw and rules.\n  * NB Repealed January 1, 2027\n

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