N.Y. Real Property Tax Law § 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 the same assessment class

and jurisdiction to its full value, as provided in section three hundred

five of this chapter.

* NB Repealed January 1, 2031