2023 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.