New York Real Property Tax Code § 499-MMMM

Equitable ratio of assessment
Open in Lexace · Ask the AI about this section
* § 499-mmmm. Equitable ratio of assessment. The commissioner and any\nassessing authority shall be prohibited from assessing local public\nutility mass real property at a value that has a higher ratio to the\nfull value of the local public utility mass real property than the ratio\nof assessed value of other real property in the same assessment class\nand jurisdiction to its full value, as provided in section three hundred\nfive of this chapter.\n  * NB Repealed January 1, 2027\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.