Statute · New York Real Property Tax Law
N.Y. Real Prop. Tax Law § 499-nnnn — Equalization rate
N.Y. Real Prop. Tax Law § 499-nnnn
- Type
- Statute
- Source
- New York Real Property Tax Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
* § 499-nnnn. Equalization rate. In determining assessment ceilings, the commissioner shall apply the final state equalization rate used for the local assessing jurisdiction on the assessment roll for the year immediately preceding the year in which the assessment ceiling is being established,…
Citator
N.Y. Real Prop. Tax Law § 499-nnnn — Equalization rate is in force in the current edition of the Code, and nothing recorded condemns it.
* § 499-nnnn. Equalization rate. In determining assessment ceilings, the commissioner shall apply the final state equalization rate used for the local assessing jurisdiction on the assessment roll for the year immediately preceding the year in which the assessment ceiling is being established, except that (1) if a special equalization rate was established for such assessment roll, such rate shall be applied, and (2) in the case of a special assessing unit as defined in section eighteen hundred one of this chapter, the equalization rate to be applied shall be the applicable class equalization rate used on such assessment roll.
* NB Repealed January 1, 2031