N.Y. Comp. Codes R. & Regs. tit. 23 § 102.3

Current through Register Vol. 46, No. 36, September 4, 2024
Section 102.3 - Billing and Assessment Process

The New York State fiscal year begins April 1 and ends March 31 of the following calendar year. Each Licensee subject to assessment pursuant to this Part is billed five times for a fiscal year: four quarterly assessments (each approximately 25 percent of the anticipated annual amount) based on the estimated budget to cover the Total Operating Cost at the time of the billing, and a final assessment (or true-up), based on the actual Total Operating Cost for the fiscal year. Any Licensee that is licensed for any part of a quarter shall be assessed for the full quarter. Such amounts shall be paid within 30 days of the date of such billing.

N.Y. Comp. Codes R. & Regs. Tit. 23 § 102.3

Adopted New York State Register April 19, 2023/Volume XLV, Issue 16, eff. 4/19/2023