Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 1254
Use of special equalization ratios
Real Property Tax (RPT) CHAPTER 50-A, ARTICLE 12-A
§ 1254. Use of special equalization ratios. Notwithstanding the
provisions of any general or special law, the ratios established in
accordance with the provisions of this article shall be used in
calculating average full valuation of taxable real estate of a city in
computing and applying the limitation on the amount to be raised by tax
on real estate pursuant to section ten of article eight of the
constitution and the limitation on local indebtedness pursuant to
section four of article eight of the constitution for the fiscal year of
such city for which such assessments are used in computing such
limitations.