N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 8186-3.6

Current through Register Vol. 46, No. 53, December 31, 2024

Section 8186-3.6 - Limitations on special equalization rates and change in level factors for assessment purposes

(a) Special equalization rates and change in level of assessment factors may only be established until the approval deadline.

(b) A special equalization rate of 100.00 is established where a special equalization rate greater than 100.00 would otherwise be determined for the purpose of determining:

(1) agricultural value ceilings;

(2) assessments of oil and gas economic units; and

(3) alternative veterans exemptions.

(c) Special equalization rates for alternative veterans exemption purposes are not established for special assessing units.

N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 8186-3.6