Statute · New York Real Property Tax Law
N.Y. Real Prop. Tax Law § 489-i — Earnings ratio
N.Y. Real Prop. Tax Law § 489-i
- Type
- Statute
- Source
- New York Real Property Tax Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 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.
Citator
N.Y. Real Prop. Tax Law § 489-i — Earnings ratio is in force in the current edition of the Code, and nothing recorded condemns it.
§ 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.