reglab/housing_qa huggingface dataset:
NY Real Prop Tax L § 489-EE (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-EE - Railroad Ceiling.

§  489-ee.  Railroad ceiling. A railroad ceiling for the railroad real   property other than subsidized railroad real property of  each  railroad   company situated in each assessing unit shall be established annually by   the commissioner as follows:1.  Determine  (a)  the  average  railway  revenues  and  expenses  in   accordance with the provisions of section four hundred eighty-nine-ff of   this chapter, (b) a ratio in accordance with the provisions  of  section   four  hundred eighty-nine-gg of this chapter, (c) the economic factor in   accordance with the provisions of section four hundred eighty-nine-hh of   this chapter, and (d) the local reproduction cost in accordance with the   provisions of section four hundred eighty-nine-ii of this chapter;2. Multiply the local reproduction cost by the economic factor; and3. Multiply the result of such calculation by the  state  equalization   rate  determined  or  established  in  accordance with the provisions of   section four hundred eighty-nine-jj of this chapter. The result shall be   the railroad ceiling.4. Determinations made pursuant to this section shall  be  based  upon   the  value  of  the railroad real property as of the rate valuation date   and ownership of such railroad real property as of the thirty-first  day   of  December of the year preceding the year in which the assessment roll   to which such ceiling assessment will apply is filed in  the  office  of   the  city or town clerk, except that those determinations shall be based   upon ownership as of the thirty-first day of December of the second year   preceding the  date  required  by  law  for  the  filing  of  the  final   assessment  roll  for  purposes  of city assessment rolls required to be   filed between January first and June first inclusive and for all village   assessment rolls. As used in this subdivision, the term "rate  valuation   date" means the date as of which the full value of taxable real property   on   an   assessment  roll  is  estimated  for  purposes  of  the  state   equalization rate to be applied in the  establishment  of  the  railroad   ceiling.
NY Real Prop Tax L § 489-GG (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-GG - Ratio.

§  489-gg.  Ratio.  The  commissioner  shall  compute  to  the nearest   thousandth of one percent a ratio for each railroad company by  dividing   its  average railway expenses by its average railway revenues; provided,   however, that if a railroad company shall have operated  for  less  than   one  full  year  prior to the first day of the year in which a tentative   determination of a railroad ceiling for that railroad company  is  made,   then the ratio for that ceiling of that railroad company shall be one.
NY Real Prop Tax L § 489-HH (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-HH - Economic Factor.

§  489-hh.  Economic  factor.  (a)  In  accordance  with the policy of reflecting the effect of the rate of earnings of a railroad company upon the taxable value of its railroad property, an economic factor for  each railroad  company  shall be determined in relation to its ratio computed pursuant to section four hundred eighty-nine-gg of this title. The  said economic  factor  shall  be  twenty percent if the ratio is one or more, forty percent if the ratio is nine-tenths and one hundred percent if the ratio is three-fourths or  less.  The  said  economic  factor  shall  be determined  by  interpolation to the nearest tenth of one percent if the ratio  is  between  one  and  nine-tenths  or  between  nine-tenths  and three-fourths.  (b) Notwithstanding the provisions of subdivision (a) of this section, for  purposes  of determining railroad ceilings for interstate railroads for assessment rolls completed in two thousand three and thereafter, the percentage indicated opposite the ratio in the table in this subdivision shall be the economic factor. If the ratio  does  not  coincide  with  a specific  rate  indicated in the table in this subdivision, the economic factor for such company shall be  determined  by  interpolation  to  the nearest tenth of one percent.                 Ratio                    Economic Factor                                        (Percent)                 .60                     100                 .65                     85                 .70                     70                 .75                     60                 .80                     50                 .85                     40                 .90                     30                 .95                     20                1.00                     15  (c) Notwithstanding the provisions of subdivision (b) of this section, whenever it shall appear that an economic factor is increasing more than one-tenth  from  the economic factor established in the prior year, such increase may not exceed one-tenth.
NY Real Prop Tax L § 489-JJ (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-JJ - State Equalization Rate.

§   489-jj.  State  equalization  rate.  1.  In  determining  railroad   ceilings, the commissioner shall apply  the  latest  state  equalization   rate  for  the  appropriate  assessing  unit,  except that, if a special   equalization rate has been established as provided in subdivision two of   this section, such rate shall be  applied.  For  the  purposes  of  this   title,  the  equalization  rate  to  be  applied  in  computing railroad   ceilings in the city of New York shall be computed by  the  commissioner   on  a  city-wide  basis,  giving  appropriate weight to the latest state   equalization rates or special equalization rates of  the  five  counties   within such city.2.  The  commissioner  shall establish a special equalization rate for   the purposes of this section where there has been a change in  level  of   assessment  on the assessment roll for which a railroad ceiling is to be   determined, subject to the provisions of title two of article twelve  of   this  chapter,  or  the  state equalization rate that would otherwise be   applied reflects the level of assessment on the property subject to  the   railroad  ceiling  or where a final state equalization rate has not been   established for the assessment roll of the preceding year.
NY Real Prop Tax L § 489-KK (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-KK - Tentative Determination of Railroad Ceiling; Notice, Complaints and Hearing.

§   489-kk.  Tentative  determination  of  railroad  ceiling;  notice,   complaints and hearing. 1. Each  year  the  commissioner  shall  make  a   tentative  determination  of  each  railroad  ceiling.  Thereafter,  the   commissioner shall give notice in writing to  each  assessing  unit  and   each  railroad  company  for  which  such  tentative  determination of a   railroad ceiling shall have been made  specifying  the  amount  of  such   ceiling  and the time and place where the commissioner will meet to hear   any complaint concerning such tentative determination. Such notice  must   be  served  at  least  twenty  days  prior to the date specified for the   hearing.2. A railroad company or  assessing  unit  objecting  to  a  tentative   determination  of the railroad ceiling must serve its complaint upon the   commissioner in writing and a copy thereof upon the  assessing  unit  or   railroad  company, as the case may be, at least five days before the day   specified for the hearing, specifying its objections to  such  tentative   determination.  Service  may  be made either in person or by mail. On or   before the date specified for the hearing an affidavit of service  shall   be  filed  with  the  commissioner stating in substance that service has   been made in accordance with the provisions of this section.3. The commissioner shall meet at the time and place specified in such   notice to hear complaints in relation to the tentative determination  of   the  railroad  ceiling. The provisions of section five hundred twelve of   this chapter shall apply so far as may be practicable to a hearing under   this section. Nothing contained in this subdivision shall  be  construed   to require a hearing to be conducted when no complaints have been filed.
NY Real Prop Tax L § 489-LL (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-LL - Final Determination of Railroad Ceiling; Certificate.

§  489-ll.  Final  determination  of railroad ceiling; certificate. 1.   After the hearing provided for in section four hundred eighty-nine-kk of   this title, the state board of real property tax services shall  finally   determine  the  railroad  ceiling for the railroad real property of each   railroad  company  situated  in  each  assessing  unit.  Whenever   upon   complaint  the state board shall revise the local reproduction cost of a   railroad company in an assessing unit, it shall revise  the  appropriate   railroad  ceiling to reflect such revision, but it shall not, on account   of such revision, modify any other determination  with  respect  to  the   railroad   ceilings   for   such   railroad   company   for  such  year.   Notwithstanding the fact that no complaint shall have  been  filed  with   respect  to  a  tentative determination of a railroad ceiling, the state   board shall give effect to any  special  equalization  rate  established   pursuant  to  subdivision  two of section four hundred eighty-nine-jj of   this title prior to the final determination of the railroad ceiling.2. Not later than ten days before the last date prescribed by law  for   the  levy  of  taxes,  the  state board shall file a certificate setting   forth each railroad ceiling as finally determined with the  assessor  of   the  appropriate  assessing  unit  or  the  town  or county assessor who   prepares a copy of the applicable part of the town or county  assessment   roll  for  village  tax  purposes  as  provided  in subdivision three of   section fourteen hundred two of this chapter, and at the same time shall   transmit to each railroad  company  for  which  such  ceiling  has  been   determined a duplicate copy of such certificate.3.  Any  final  determination of a railroad ceiling by the state board   pursuant to subdivision one of this section shall be subject to judicial   review in a proceeding under article seventy-eight of the civil practice   law and rules.
NY Real Prop Tax L § 489-NN (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-NN - Reports to State Board.

§  489-nn.  Reports  to  commissioner.  1. Each railroad company shall furnish the commissioner the following:  (a) A copy  of  all  income,  profit  and  loss  and  other  financial statements  filed  with  the interstate commerce commission or any other federal agency or officer and the commissioner of transportation; and  (b) Such other reports as the  commissioner  may  from  time  to  time require  containing  such  information  and  data  as  it  may  specify, including cost and valuation data relating to or  an  inventory  of  the railroad  real property of such company situated in each assessing unit, in order to carry out the provisions of this title.   2. Each railroad company shall pay  an  annual  charge  to  the  state office.    All  costs  and  expenses  of  the  state  office, direct and indirect, incurred in the establishment of railroad ceilings pursuant to this title shall be paid from the collection of an  annual  charge  upon railroad   companies.   The  commissioner  shall  provide  by  rule  for computation of this charge through the apportionment of these costs  and expenses  to  railroad companies in direct relation to the value of such real property subject to the ceiling. Charges shall be  subject  to  the annual  approval  of the director of the budget. Any unpaid charge shall be a lien upon the  assets  of  the  company  and  may  be  enforced  by appropriate administrative and judicial proceedings commenced by counsel to the state office.   3.  Any  railroad  company  failing  to make any report required by or pursuant to this section within  a  reasonable  time  specified  by  the commissioner  shall  forfeit  to  the people of the state the sum of one hundred dollars for each failure and the additional sum of fifty dollars for each day that such failure continues. Acknowledgement of receipt  of blank reports which contain the penalty provisions of this section shall be deemed sufficient notice of such penalties.
NY Real Prop Tax L § 489-OO (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-OO - Inspection of Accounts and Property of Railroad Companies.

§  489-oo.  Inspection of accounts and property of railroad companies.   1.  The commissioner or its authorized representative shall have  access   at  reasonable  times  to  all  accounts  and  records  established  and   maintained by a railroad company  relating  to  its  property  used  for   transportation purposes and the earnings derived therefrom.2.  The  commissioner  or its authorized representative shall have the   power at reasonable times to enter in or upon and to inspect  the  road,   equipment, structures and other property of any railroad company.
NY Real Prop Tax L § 489-PP (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-PP - Estimated Railroad Ceiling.

§  489-pp.  Estimated  railroad ceiling. Upon application of a county,   city,  town,  village,  school  district  or   special   district,   the   commissioner   shall  establish  estimated  railroad  ceilings  for  the   assessment roll or rolls used thereby. Such estimated railroad  ceilings   may  be  used  in computation of average full valuation for tax and debt   limit purposes in accordance with the provisions of section 2.00 of  the   local finance law.
NY Real Prop Tax L § 489-QQ (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-QQ - Determination of Railroad Ceilings for Certain Railroads in Transition.

§ 489-qq.  Determination of railroad ceilings for certain railroads in   transition.  Notwithstanding any other provision of this title, railroad   ceilings  established during the first five years in which such ceilings   are made pursuant to this title for railroad real property acquired  (a)   from  a  railroad  in  reorganization  as  defined  in the regional rail   reorganization act of nineteen hundred  seventy-three  by  a  profitable   railroad  as  defined in that act or by a subsidiary thereof or (b) from   any source or in any manner by  any  corporation  created  under  or  in   compliance  with  that act or the rail passenger service act of nineteen   hundred seventy shall be established by  using  an  economic  factor  of   twenty  percent  and  by  using,  except  for  property  for which local   reproduction cost was not determined prior to the effective date of this   act, the same local  reproduction  cost  as  would  have  been  used  if   acquisition of the property by the said corporations had not occurred.
NY Real Prop Tax L § 489-RR (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-RR - Inapplicability of Title.

* §  489-rr.  Inapplicability  of  title. The provisions of this title   shall not apply to any railroad real property of  any  railroad  company   for which railroad ceilings were not made in the calendar years nineteen   hundred  seventy-six  and  nineteen  hundred  seventy-seven  unless such   company files with the commissioner a statement  in  writing  that  such   company  elects  to  have  the  provisions  of  this title apply to such   company. Any such railroad company may file such statement on or  before   February  first  in  any  year,  in  which  case  and  at such time, the   provisions of this title shall become applicable  and  the  commissioner   shall  annually  thereafter establish railroad ceilings for the railroad   real property of such company. Notwithstanding any other  provisions  of   this  section,  any  such railroad company may file such statement on or   before  July  fifteenth  in   the   calendar   year   nineteen   hundred   seventy-eight.  The provisions of this section shall remain in force and   effect only until March thirty-first, nineteen hundred eighty-three.* NB Expired March 31, 1983
NY Real Prop Tax L § 489-SS (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-SS - Inapplicability of Title.

§ 489-ss. Inapplicability of title. The provisions of this title shall   not  apply  to  railroad  real  property  which is owned by or under the   jurisdiction, supervision or control of either an industrial development   agency or a municipal corporation.
NY Real Prop Tax L § 489-BBB (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-C - Tax Exemption for Certain Industrial and Commercial Properties in a City of One Million or More Persons 489-BBB - Industrial and Commercial Incentive Board.

§ 489-bbb. Industrial and commercial incentive board.  Any city of one   million  or  more persons may, by local law, establish an industrial and   commercial incentive board to consist of the deputy mayor for,  economic   policy  and  development,  who  shall  be  chairman  of  the  board, the   commissioner of finance, the chairman of the  city  planning  commission   and  the  director of management and budget, each of whom shall have the   power to designate an alternate to represent him at board meetings  with   all  the rights and powers, including the right to vote, reserved to all   board members, provided that such  designation  be  in  writing  to  the   chairman  of  the  board, and three other members to be appointed by the   mayor.   In addition, the borough  president  of  each  borough  or  his   designated  representative,  shall  be  a  member  of such board for the   purpose of taking  action  with  respect  to  property  located  in  his   borough.  The  members of any board established pursuant to this section   who shall be agents, officers, or employees of  said  city  shall  serve   without  compensation  but  shall be reimbursed for expenses necessarily   incurred in the performance of their duties. The members  of  any  board   established  pursuant  to  this section who are not agents, officers, or   employees of said city shall receive as compensation for their  services   one  hundred  dollars  per  diem,  provided,  however,  that  the  total   compensation paid to any such member shall  not  exceed  twelve  hundred   dollars  for  any  calendar  year.  Four members of any such board shall   constitute a quorum.
NY Real Prop Tax L § 489-FFF (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-C - Tax Exemption for Certain Industrial and Commercial Properties in a City of One Million or More Persons 489-FFF - Approval of Tax Exemption.

§  489-fff.    Approval  of  tax  exemption.    On  completion  of the   reconstruction or construction work the applicant shall notify the board   in  writing  of  said  completion.    The  board  shall  determine   the   eligibility  of  the  applicant  for  the  tax  exemption as provided in   subdivision one of section four hundred eighty-nine-ddd and shall notify   the  tax  commission  of  such  determination.    If  the  applicant  is   determined  to  be  qualified  the  commission  shall  approve  the  tax   exemption.
NY Real Prop Tax L § 489-GGG (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-C - Tax Exemption for Certain Industrial and Commercial Properties in a City of One Million or More Persons 489-GGG - Continuation of Tax Exemption; Termination of Tax Exemption.

§   489-ggg.   Continuation  of  tax  exemption;  termination  of  tax   exemption. The tax exemption approved by the  board  shall  continue  in   accordance  with this title, provided that the applicant files an annual   certificate of continuing use stating that the  structure  and  property   continue to be used for the industrial or commercial purposes justifying   the  issuance  of  the  certificate of eligibility.   The certificate of   continuing use shall be filed with the tax commission on  such  form  or   forms  and containing such information as shall be prescribed by the tax   commission. The tax commission shall have authority to terminate  a  tax   exemption  on  failure  of an applicant to file an annual certificate of   continuing use or on the recommendation of the finance commissioner who,   in reviewing the certificate filed by an applicant, has determined  that   the  structure  or  property has ceased to be used for the industrial or   commercial purposes  justifying  the  issuance  of  the  certificate  of   eligibility.
NY Real Prop Tax L § 489-HHH (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-C - Tax Exemption for Certain Industrial and Commercial Properties in a City of One Million or More Persons 489-HHH - Extension of Time for Completion.

§  489-hhh.  Extension  of time for completion. Where an applicant has   received a certificate of eligibility but has not completed or will  not   be  able  to  complete  the  construction  or reconstruction work within   thirty-six  months,  the  board  shall,  upon  application,  extend   to   forty-eight  months,  from the time of issuance of such certificate, the   time for completion of the construction or reconstruction work; provided   the applicant has completed not less than  two-thirds  of  the  work  as   specified  in  the certified plans previously filed with the application   at the time of such application for extension.
NY Real Prop Tax L § 489-III (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-C - Tax Exemption for Certain Industrial and Commercial Properties in a City of One Million or More Persons 489-III - Prior Certificates of Eligibility.

§  489-iii.  Prior certificates of eligibility.  Any project for which   a certificate of eligibility has been approved  by  the  industrial  and   commercial  incentive board prior to the enactment of this section shall   be eligible for a tax exemption computed according to the tax  exemption   tables and formulae in effect on the date of such approval.
NY Real Prop Tax L § 489-IIII (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-D - Tax Exemption and Deferral of Tax Payments for Certain Industrial and Commercial Properties in a City of One Million or More Persons 489-IIII - Code Violations; Suspension or Termination of Benefits.

§  489-iiii. Code violations; suspension or termination of benefits. A   local law enacted pursuant to  this  title  may  provide  that  benefits   pursuant to this title shall be suspended or terminated if the recipient   is  found  to have failed to cure violations of the applicable building,   fire, or air pollution control  codes  on  the  property  which  is  the   subject  of  the certificate of eligibility. Such local law shall define   the circumstances under which benefits may be suspended or  revoked  for   such   violations  and  provide  procedures  whereby  determinations  to   suspend, terminate or reinstate such benefits shall be made.