NY Real Prop Tax L § 477 (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2 - Private Property 477 - Tax Exemption for Industrial Waste Treatment Facilities.

§  477.  Tax  exemption  for industrial waste treatment facilities. 1.   Industrial  waste  treatment  facilities  which  were   constructed   or   reconstructed   in   order   to   comply  with  the  provisions  of  the   environmental conservation law and codes, rules, regulations, permits or   orders issued pursuant thereto shall be  exempt  from  taxation  to  the   extent  of  any increase in value thereof by reason of such construction   or reconstruction.2. Such industrial waste treatment facilities shall not be entitled to   any exemption from taxation unless such facilities have  been  certified   by  the  state  commissioner of environmental conservation or his or her   designated  representative,  pursuant  to   section   17-0705   of   the   environmental  conservation law, as complying with applicable provisions   of the environmental conservation law,  public  health  law,  the  state   sanitary  code  and  regulations,  permits  or  orders  issued  by  such   commissioner pursuant to law.3. Such  exemption  shall  be  applicable  only  to  industrial  waste   treatment  facilities which were constructed or reconstructed subsequent   to May twelfth, nineteen hundred sixty-five.4. Such  exemption  from  taxation  shall  be  granted  only  upon  an   application  made  by the owner of such property on a form prescribed by   the commissioner and shall contain such information as the  commissioner   shall  require. Such application shall be filed with the assessor of the   city, town, village or county having the power to  assess  property  for   taxation  on or before the appropriate taxable status date of such city,   town, village or county. If the assessor is satisfied that the applicant   is entitled to an exemption pursuant to this section, he  or  she  shall   approve  the  application and such industrial waste treatment facilities   shall be exempt from taxation and special ad valorem  levies  as  herein   provided.5.  Such  exempion  from  taxation  shall be effective as of the first   taxable  status  date  occurring  subsequent  to  the  approval  of  the   application for exemption by the assessor of the appropriate city, town,   village, or county.6.  The  assessed  value  of  any  exemption  granted  pursuant to the   authority of this section shall  be  entered  by  the  assessor  on  the   assessment  roll  with  the  taxable  property,  with  the amount of the   exemption shown in a separate column.7.  The  term  "industrial  waste  treatment  facilities"  shall  mean   facilities   for  the  treatment,  neutralization  or  stabilization  of   industrial waste (as the term "industrial waste" is defined  in  section   17-0105  of the environmental conservation law) from a point immediately   preceding the point of such treatment, neutralization  or  stabilization   to   the   point  of  disposal,  including  the  necessary  pumping  and   transmitting facilities, but excluding such facilities installed for the   primary  purpose  of  salvaging  materials  which  are  usable  in   the   manufacturing process or are marketable.