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Current as of January 01, 2026 | Updated by Findlaw Staff
The commissioner shall determine the earnings ratio for each railroad company by ascertaining the ratio of its average railway earnings to its system reproduction cost, computed to the nearest hundredth of one per cent.
Cite this article: FindLaw.com - New York Consolidated Laws, Real Property Tax Law - RPT § 489-i. Earnings ratio - last updated January 01, 2026 | https://codes.findlaw.com/ny/real-property-tax-law/rpt-sect-489-i/
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