§ 1220. Definitions. When used in this title: 1. “Change in level of assessment” means the net percentage increase or decrease in the assessed valuation of all taxable real property in an assessing unit from one final assessment roll to the next, other than increases or decreases in the assessed valuation of special franchises, transportation […]
§ 1221. Computation of change in level of assessment. Upon the receipt of an assessor’s annual report, filed pursuant to section five hundred seventy-five of this chapter, which complies with the rules of the commissioner, the commissioner shall compute the change in level of assessment that has occurred, if any.
§ 1222. Special equalization rates; state assessments. 1. (a) If the commissioner finds that there has been a material change in level of assessment, it shall determine a special equalization rate for purposes of the assessment of special franchises and the approval of assessments of taxable state lands. The commissioner shall adjust the assessments affected […]
§ 1224. Special equalization rates; ceilings or local assessment limitations; alternative veterans exemption. 1. Where the commissioner is authorized or directed by law to determine special equalization rates or change in level of assessment factors for an assessment ceiling or other assessment limitation and there has been a material change in level of assessment, the […]
§ 1226. Special equalization rates; tax apportionment. 1. If the commissioner finds that there has been a material change in level of assessment in a town or city since the last state equalization rate was established, it shall determine and certify a special equalization rate for tax apportionment purposes to the district superintendent of schools […]
§ 1227. Rates for apportionment purposes; full value adjustments. 1. If a nuclear powered electric generating facility, as defined by section four hundred eighty-five of this chapter, is exempt from taxation for all purposes pursuant to section four hundred eighty-five of this chapter, the facility shall be deemed to be wholly exempt real property for […]
§ 1228. Certification of change in level of assessment factors for certain exemptions. Where the commissioner is authorized or directed by law to certify a change in level of assessment for adjustment by the assessor of a maximum taxable assessed value of partially exempt real property, it shall do so in the same manner and […]
§ 1230. Special equalization rates for certain school districts. 1. The commissioner shall establish a special equalization rate for each school district enumerated in subdivision three of this section for the sole purpose of determining actual valuation pursuant to paragraph c of subdivision one of section thirty-six hundred two of the education law. Where such […]
