499-QQQQ – Application of Assessment Ceiling; Computation of Exemption.
* § 499-qqqq. Application of assessment ceiling; computation of exemption. 1. Upon receipt of a certificate setting forth the final certified assessment ceiling for local public utility mass real property, the assessor shall compare the assessed valuations attributable to the local public utility mass real property for each owner of local public utility mass real […]
499-RRRR – Reports to Commissioner.
* § 499-rrrr. Reports to commissioner. 1. The commissioner may require from an owner of a local public utility mass real property an annual report that shall include such information and data that is prescribed in regulation by the commissioner and is reasonable and necessarily related to the establishment of a ceiling assessment by the […]
499-SSSS – Inspection of Accounts and Propertry of Public Utilities.
* § 499-ssss. Inspection of accounts and property of public utilities. 1. The commissioner shall, upon reasonable prior notice, have access at reasonable times to reasonable disclosure of accounts and records established and maintained by a local public utility mass real property owner relating to its local public utility mass real property. 2. The commissioner […]
499-MMMM – Equitable Ratio of Assessment.
* § 499-mmmm. Equitable ratio of assessment. The commissioner and any assessing authority shall be prohibited from assessing local public utility mass real property at a value that has a higher ratio to the full value of the local public utility mass real property than the ratio of assessed value of other real property in […]
499-HHHH – Definitions.
* § 499-hhhh. Definitions. When used in this title: 1. “Local public utility mass real property” means public utility mass real property that is located in a particular town, village, city or county assessing unit and under the same ownership. 2. “Local assessing jurisdiction” means the town, city, village or county assessing unit that establishes […]
499-IIII – Annual Fee.
* § 499-iiii. Annual fee. Any costs and expenses incurred by the commissioner in the establishment of assessment ceilings for local public utility mass real property shall be paid from the collection of an annual charge upon the owners of local public utility mass real property. The commissioner shall provide by rule for computation of […]
499-JJJJ – Assessment of Local Public Utility Mass Real Property.
* § 499-jjjj. Assessment of local public utility mass real property. Subject to the provisions of section four hundred ninety-nine-qqqq of this title, the assessor in each city, town and village, and in each county having a county department of assessment, shall annually assess all local public utility mass real property situated in such city, […]
499-KKKK – Assessment Ceiling.
* § 499-kkkk. Assessment ceiling. 1. To determine the extent to which local public utility mass real property shall be exempt under this title, an assessment ceiling for the local public utility mass real property shall be established annually by the commissioner as follows: (a) Determine: (i) the local public utility mass real property value […]
499-LLLL – Local Public Utility Mass Real Property Value.
* § 499-llll. Local public utility mass real property value. The commissioner shall compute the local public utility mass real property value as follows: 1. The local reproduction cost of the public utility mass real property of each public utility mass real property owner in every assessing unit is the cost of reproduction, less depreciation […]