N.Y. Real Property Tax Law § 499-nnnn: Equalization rate

* § 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* NB Repealed January 1, 2031