yourstate.us
Home / New York / Real Property Tax Law
N.Y. Real Property Tax Law § 456

Municipal railroads

New York · New York Real Property Tax Law · Status: effective · Effective 2014-09-22

Get this as JSONEmbed this
Cite this
Citation
N.Y. Real Property Tax Law § 456, Municipal railroads, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1127787
Permanent ID
ys:prov:1127787@1
SHA-256
c5ec28e6c7785c0b230bb80b9e7cb2b344f992c0287d54252dcd15c088901df1

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

§ 456. Municipal railroads. Real property held and used for railroad purposes by any corporation, all of the capital stock of which is owned by a municipal corporation of this state, shall be exempt from taxation and exempt from special ad valorem levies and special assessments to the extent provided in section four hundred ninety of this chapter.