reglab/housing_qa huggingface dataset:
NY Real Prop Tax L § 489-F (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-F - Relationships Among Elements Used in Computation of Railroad Ceiling.

§  489-f. Relationships among elements used in computation of railroad ceiling. In order to effectuate the legislative policy that  the  amount of exemptions from real property taxation granted to railroads should be related to their individual rates of earnings, and in order to provide a uniform   and   equitable  method  for  implementing  this  policy,  the commissioner shall establish and  maintain  relationships  among  system reproduction  cost,  railway  earnings,  local reproduction cost and the state equalization rates, so that:  (1) System reproduction cost, local reproduction cost  and  the  state equalization  rates shall be based so far as may be practicable upon the same period price levels;  (2)  System  reproduction  cost  shall  include  so  far  as  may   be practicable the property constituting the railroad system from which the railway  earnings  were  derived  for  the  latest  year included in the average railway earnings; and  (3) The aggregate of the local  reproduction  cost  of  each  railroad company shall approximate the amount included in the system reproduction cost  of  such  railroad  company on account of the property included in such local reproduction costs so far as may be practicable.
NY Real Prop Tax L § 489-H (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-H - Average Railway Earnings.

§  489-h.  Average  railway  earnings. 1. The average railway earnings shall be determined for each railroad company as follows:  (a) Ascertain so far as may be practicable  the  revenues  which  such railroad  company is entitled to receive from transportation service and from rents from property constituting the railroad  system  included  in the system reproduction cost;  (b)  Ascertain  so  far as may be practicable the expenses incurred in furnishing transportation service, including expenses  incurred  in  the operation  and  maintenance  of  the  property constituting the railroad system included in the system reproduction cost,  depreciation  of  such property,  rents  and  other expenses incurred for property used by such railroad company for transportation purposes not included in the  system reproduction  cost,  and  United  States  government  taxes  for old-age retirement under  the  federal  railroad  retirement  tax  act  and  for unemployment insurance under the federal railroad unemployment insurance act but excluding all other taxes;  (c)  Subtract  the  expenses from the revenues and the result shall be the railway earnings; and  (d) Average the railway earnings for the latest  five  calendar  years available  prior to the tentative determination of the railroad ceiling. The result shall be the average railway earnings.   2. In making determinations under this section, the commissioner shall consider the information  contained  in  the  income,  profit  and  loss statements  and other financial statements of the railroad company filed with the interstate commerce  commission,  and  the  accounting  records maintained  by  such  railroad  company  in  accordance with the uniform system of accounts for railroad companies prescribed by  the  interstate commerce commission. The commissioner may consider information available from  the  commissioner  of  transportation  or  other regulatory agency having jurisdiction over the accounts of such railroad company, as  well as  information available from other sources, including reports required pursuant  to  section  four  hundred  eighty-nine-q   and   such   other information on the subject as may be available to it.
NY Real Prop Tax L § 489-I (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-I - Earnings Ratio.

§ 489-i. Earnings ratio. The commissioner shall determine the earnings   ratio for each railroad company by ascertaining the ratio of its average   railway  earnings  to  its  system  reproduction  cost,  computed to the   nearest hundredth of one per cent.
NY Real Prop Tax L § 489-L (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-L - State Equalization Rate.

§ 489-l. State equalization rate. 1. In determining railroad ceilings,   the  commissioner shall apply the latest state equalization rate for the   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-M (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-M - Railroad Real Property Used for Transportation Purposes.

§  489-m.  Railroad real property used for transportation purposes. In   making determinations as to railroad real property  which  is  used  for   transportation  purposes,  the commissioner shall consider the manner in   which  property  is  classified  as  property  used  for  transportation   purposes  in  accounts  maintained  pursuant  to  the  uniform system of   accounts for railroad companies as prescribed by the interstate commerce   commission and the commissioner of transportation and in the publication   of the interstate commerce commission entitled  "Elements  of  Value  of   Property  Used  in  Common  Carrier  Service"  as  well  as  information   available from other sources, including  reports  required  pursuant  to   section four hundred eighty-nine-q.
NY Real Prop Tax L § 489-N (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-N - Tentative Determination of Railroad Ceiling; Notice, Complaints and Hearing.

§   489-n.   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-O (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-O - Final Determination of Railroad Ceiling; Certificate.

§  489-o.  Final  determination  of  railroad ceiling; certificate. 1.   After the hearing provided for in section four hundred eighty-nine-n  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 railroad   ceiling therefor 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-l  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-Q (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-Q - Reports to Commissioner.

§  489-q. Reports to commissioner. Each railroad company shall furnish   the commissioner the following:1. A  copy  of  all  income,  profit  and  loss  and  other  financial   statements  filed  with  the  interstate  commerce  commission  and  the   commissioner of transportation; and2. 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.3. 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.4.  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. Acknowledgment 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-R (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-R - Inspection of Accounts and Property of Railroad Companies.

§ 489-r. 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-S (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-S - Estimated Railroad Ceiling.

§  489-s.  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  the 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-T (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-T - Inapplicability of Title.

* §  489-t.  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-U (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-A - Railroad Real Property of Intrastate Railroad Companies 489-U - Inapplicability of Title.

§  489-u. 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-AA (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-AA - Legislative Declaration.

§  489-aa.   Legislative declaration.  It is hereby found and declared   that continued operation of the interstate railroads in  the  state  and   improvement  of  their  service  and  facilities  are  essential  to the   commerce, defense, and general welfare of the people of the state;  that   in  the  year  nineteen  hundred fifty-nine at a time when the financial   condition of railroads in the state had deteriorated to the extent  that   the continuation of vital operations was threatened, a partial exemption   from  taxation  was  granted  railroad  property  in a manner which gave   increasingly greater exemptions as the rate of earnings  of  a  railroad   system  declined;  that  since  that  time  major  interstate  railroads   operating in New York state have become bankrupt  and  the  earnings  of   non-bankrupt  railroads  have  also  declined  substantially;  that rail   services heretofore operated by the insolvent railroads will continue to   be operated by new rail systems of railroad companies created  under  or   in  compliance with federal statutes; that federal law requires that the   property in the new systems be taxed  in  a  non-discriminatory  manner;   that  in  order  for  the new systems to be viable the railroad property   which will constitute such new systems should be eligible for a  partial   exemption which reflects lack of earnings; that railroad ceilings cannot   be  established  for the new systems under existing formulas without the   expenditure of large sums  of  money  to  obtain  cost  data  on  system   railroad  property  located  outside  the  state; that railroad ceilings   established on the basis of the ratio   of the  operating  revenues  and   expenses  of  a  railroad  system  will accomplish the same policy; and,   therefore, that various provisions of the railroad partial tax exemption   law applicable to interstate railroads  must  be  changed  in  order  to   extend the partial exemption to the new rail systems.
NY Real Prop Tax L § 489-BB (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-BB - Definitions.

§  489-bb.    Definitions.   When used in this title, unless otherwise   expressly stated:1.  "Assessing unit" means a city, town or village.2.   "Railroad company" means a corporation  ,  joint  stock  company,   association,   partnership,  individual  or  other  person  operating  a   railroad system both within and without the  State  of  New  York  as  a   common  carrier by rail, including but not limited to a street, surface,   underground or elevated railroad and any corporation created under or in   compliance with the rail  passenger  service  act  of  nineteen  hundred   seventy  or  the  regional  rail  reorganization act of nineteen hundred   seventy-three as those  acts  were  amended  to  April  first,  nineteen   hundred  seventy-six,  whether  as  owner,  lessee,  mortgagee, trustee,   receiver or assignee of railroad real property.3.  "Railroad real property" means the  land,  real  estate  and  real   property (as defined in subdivision twelve of section one hundred two of   this  chapter)  of  a  railroad  company, which is used by such railroad   company for  transportation  purposes  and  which  is  subject  to  real   property  taxation  except  as  provided in this title, and includes (a)   such property  leased to such railroad company, (b) such  property  used   for  transportation  purposes  by such railroad company under a trackage   right or other operating agreement, title to which is in  other  than  a   railroad  company  as  defined  in  subdivision  two of this section and   subdivision two of section four hundred eighty-nine-b of  this  chapter,   (c)  such  property  used or occupied by such railroad company, title to   which is in the state or in any municipal corporation thereof under  any   of the grade crossing elimination acts, and (d) the tangible property of   such  railroad  company  situated  in,  upon, under or above any street,   highway, public place or public waters; but does not include  the  value   of any franchise, right or permission to construct, maintain or operate,   in, under, above, on or through, streets, highways or public places.4.    "Subsidized  railroad  real  property"   means any railroad real   property for which a rail service continuation subsidy is  paid  by  the   United States or the state of New York.5.    "Tax"  or  "taxation"  means  an ad valorem charge or special ad   valorem levy imposed upon real property by or on  behalf  of  a  county,   city, town, village, school district or special district.
NY Real Prop Tax L § 489-CC (2021)
2021 New York Laws RPT - Real Property Tax Article 4 - Exemptions Title 2-B - Railroad Real Property of Interstate Railroad Companies 489-CC - Assessment of Real Property of Railroads.

§ 489-cc. Assessment of real property of railroads. 1. The assessor in   each  city,  town  and  village  and  in  each  county  having  a county   department of assessment shall annually  assess  all  real  property  of   railroad  companies  situated  in such city, town, village or county, as   the case may be, including all railroad real property of  such  railroad   companies  as  defined  in  subdivision  three  of  section four hundred   eighty-nine-bb of this chapter. Where a village has enacted a local  law   as provided in subdivision three of section fourteen hundred two of this   chapter,  the  town  or county assessor shall apportion that part of the   railroad property assessment applicable to the village for  purposes  of   the  copy  of  the  part  of the town or county assessment roll used for   village tax purposes.2. Railroad real property  shall  be  separately  assessed  from  real   property of railroad companies not used for transportation purposes, and   subsidized  railroad real property shall be separately assessed from all   other railroad real property. The commissioner  and  railroad  companies   upon request shall furnish the assessor information and data relating to   the  classification  of the real property of railroads as transportation   and non-transportation property and to the identification of  subsidized   railroad real property. Action by assessors under this subdivision shall   not  in any way affect the classification of property or the segregation   of assessments in accordance with section four hundred eighty-nine-mm of   this chapter in connection with the application of railroad ceilings.3. Railroad real property shall be assessed according to its value and   ownership as of the dates specified by subdivision four of section  four   hundred  eighty-nine-ee of this title for the computation of the ceiling   of such property.