2012 New York Consolidated Laws
RPT - Real Property Tax
Article 6 - (600 - 626) ASSESSMENT OF SPECIAL FRANCHISES
600 - Assessment of special franchises by commissioner.

 
    §  600.  Assessment  of  special  franchises  by  commissioner. 1. The
  commissioner shall annually determine the  assessment  of  each  special
  franchise  subject  to  assessment  in each assessing unit in accordance
  with the provisions of subdivision four of section three hundred two  of
  this  chapter.  In  making  such determination the commissioner may take
  testimony and hear proof under oath or otherwise, avail  itself  of  all
  information  on  the  subject appearing in its office or acquired in the
  discharge of its duties and may employ experts, agents or other  persons
  to procure any information required for such purpose.
    2.  Notwithstanding  any other provision of this chapter, the assessor
  in each city, town and village  and  in  each  county  having  a  county
  department  of  assessment  shall  annually  assess all real property of
  railroads situated in such city, town, village or county,  as  the  case
  may be, including the tangible property of a railroad situated in, upon,
  under or above any street, highway, public place or public waters.
    3.  Each  special  franchise  owner  shall pay an annual charge to the
  state office. All costs and expenses of the  state  office,  direct  and
  indirect, incurred in the assessment of special franchise property shall
  be  paid  from the collection of an annual charge upon special franchise
  owners.  The commissioner shall provide by rule for computation of  this
  charge  through the apportionment of these costs and expenses to special
  franchise owners in relation to the total full  value  of  such  special
  franchise  property.  Charges  shall  be  subject to the approval of the
  director of the budget. Any unpaid fee shall be a lien upon  the  assets
  of  the  special  franchise  owner  and  may  be enforced by appropriate
  administrative or judicial proceedings commenced by counsel to the state
  office.