2020 New York Laws
TRA - Transportation
Article 18 - Service Enhancement Program
433 - Service Enhancement Plans.

Universal Citation: NY Transp L § 433 (2020)
§ 433. Service   enhancement  plans.  1.  Every  railroad  seeking  to
participate in the program shall  annually  by  the  first  of  February
submit  a  list of potential service enhancement program elements to the
department. The department  shall  review  these  program  elements  for
consistency with the legislative intent and program objectives stated in
sections four hundred thirty and four hundred thirty-one of this article
and shall provide its comments to each railroad by the first of March of
each year.
  2.  (a)  Every  railroad  seeking  to participate in the program shall
annually by the first of April of each year submit to the  department  a
plan which shall:

(i) describe the nature of the railroad's intended service enhancement for the current calendar year as appropriate to railroad size and railroad ceiling exemption or economic factor;

(ii) describe the level of tax abatement as computed by the commissioner of taxation and finance pursuant to either subdivision (c) of section four hundred eighty-nine-j or subdivision (c) of section four hundred eighty-nine-hh of the real property tax law;

(iii) present the railroad's statement of goals, where possible;

(iv) provide detail on the railroad's proposed service enhancement plan;

(v) present a general outline of multiple year projects to be undertaken during the term of the program, as appropriate; and

(vi) note any proposed changes to the previous year's plan.

(b) Other railroads with exemption factors equal to eighty-five percent may state to what general purposes they intend to apply the additional tax abatement in lieu of the provisions of subdivision three of this section. 3. The filing of such plan, containing such information as may be required, shall constitute participation in the service enhancement program. 4. Immediately upon receipt of such plan, the department shall certify to the commissioner of taxation and finance participation in the service enhancement program by the railroad submitting such plan.

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