N.Y. RPT Law § 499-MMMM
This is the official text of N.Y. RPT Law § 499-MMMM, part of New York’s RPT Law — part of the compiled statutory law of New York, published by the state as "RPT Law." Browse the sections below, each linked to its official government source.
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Equitable ratio of assessment
Official statutory text
* § 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class\nand jurisdiction to its full value, as provided in section three hundred\nfive of this chapter.\n * NB Repealed January 1, 2031\n
Status: in_force · Read it on the official government site
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