2006 New York Code - Final Determination Of Railroad Ceiling; Certificate.

 
    §  489-o.    Final determination of railroad ceiling; certificate.  1.
  After the hearing provided for in section four hundred eighty-nine-n  of
  this  chapter,  the  state  board  shall  finally determine the railroad
  ceiling for the railroad real property of each railroad company situated
  in each assessing unit.  Whenever upon complaint the state  board  shall
  revise the local reproduction cost of a railroad company in an assessing
  unit,  it  shall  revise  the  railroad ceiling therefor to reflect such
  revision, but it shall not, on account  of  such  revision,  modify  any
  other  determination  with  respect  to  the  railroad ceilings for such
  railroad company for such  year.    Notwithstanding  the  fact  that  no
  complaint   shall   have   been   filed  with  respect  to  a  tentative
  determination of a railroad ceiling, the state board shall  give  effect
  to  any  special  equalization rate established, pursuant to subdivision
  two of section four hundred eighty-nine-l of this chapter prior  to  the
  final determination of the railroad ceiling.
    2.  Not later than ten days before the last date prescribed by law for
  the  levy  of  taxes,  the  state board shall file a certificate setting
  forth each railroad ceiling as finally determined with the  assessor  of
  the  appropriate  assessing  unit  or  the  town  or county assessor who
  prepares a copy of the applicable part of the town or county  assessment
  roll  for  village  tax  purposes  as  provided  in subdivision three of
  section fourteen hundred two of this chapter,   and  at  the  same  time
  shall  transmit to each railroad company for which such ceiling has been
  determined a duplicate copy of such certificate.
    3. Any final determination of a railroad ceiling by  the  state  board
  pursuant to subdivision one of this section shall be subject to judicial
  review in a proceeding under article seventy-eight of the civil practice
  law and rules.