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2016 New York Laws
RPT - Real Property Tax
Article 4 - EXEMPTIONS
Title 5 - (499-HHHH - 499-SSSS) ASSESSMENT CEILINGS FOR LOCAL PUBLIC UTILITY MASS REAL PROPERTY
499-MMMM - Equitable ratio of assessment.

NY Real Prop Tax L § 499-MMMM (2016) What's This?
*   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* NB Repealed January 1, 2019

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