Skip universal navigation

New York State Universal header

Skip to main content

Assessor's Manual, Volume 4, ExemptionAdministration

Exemption Administration Manual - Part 2
Industrial, Commercial, and Public Service

Section 4.06 - 49 U.S.C. § 24301(l)

Amtrak Railroad

Exemption Code(s):  27250 Year Originally Enacted:  1982

Related Statutes:  None

SUMMARY: By federal law, real property owned by the National Railroad Passenger Corporation (Amtrak) or any of its subsidiaries is (1) wholly exempt from general municipal and school district taxes levied on or after October 1, 1981 for periods beginning on or after that date and (2) partially exempt from such taxes levied on or after October 1, 1981 for periods beginning prior to that date, the amount of exemption being proportionate to the portion of the period which had run prior to October 1, 1981. Such property is, however, liable for special ad valorem levies and special assessments.

  1. ELIGIBILITY REQUIREMENTS:
    1. Ownership Requirements: Property must be owned by Amtrak or one of its subsidiaries.
       
    2. Property Location Requirements: None.
       
    3. Property Use Requirements: None.
       
    4. Certification by State or Local Government: None required.
       
    5. Required Construction Start Date or Other Time Requirement:  None.
       
  2. LOCAL OPTION: No.
     
  3. LIMITATION ON EXEMPTION:
      General
    Municipal
    Taxes
    School
    District
    Taxes
    Special
    Ad Valorem
    Tax
    Special
    Assessments
    1. Amount No
    limit
    No
    limit
    No
    exemption
    allowed
    No
    exemption
    allowed
    2. Duration No
    limit
    No
    limit
    No
    exemption
    allowed
    No
    exemption
    allowed
    3. Taxing Jurisdiction
    a. County orCounty
    Ex NA Tax Tax
    b. City Ex NA NA Tax
    c. Town or Town
    Special District
    Ex NA Tax Tax
    d. Village Ex NA NA Tax
    e. School District NA Ex NA NA
        Ex-Exempt  Tax-Taxable NA-Not Applicable

     
  4. PAYMENTS IN LIEU OF TAXES: None required.
     
  5. CALCULATION OF EXEMPTION:
    1. General Municipal and School District Taxes: 100% of assessed value.
    2. Special Ad Valorem Levies and Special Assessments: No exemption allowed.
       
  6. CODING OF EXEMPTION ON ASSESSMENT ROLL:
    Code Description of Alternative Codes Possible
    27250  

    Assessment Roll Section(s): Exempt (ARLM Section 8)

    NOTE: This code should not be used to identify property that is exempt under any of the statutes listed under Similar Exemptions below. For coding of such property, see the Exemption Profile for the statute that applies.

  7. FILING REQUIREMENTS (Owner or Occupant of Property): None.
     
  8. REPORTING REQUIREMENTS (Assessor): None.
     
  9. SIMILAR EXEMPTIONS:
    Subject Statute
    Municipal railroads (all capital stock owned by
    municipal corporation)
    RPTL §456
    Railroad companies (interstate) RPTL §489-d
    Railroad companies (intrastate) RPTL §489-dd
    Railroad passenger stations in New York City RPTL §476-a
    Railroads and related property (NYC) Rap Tran L §103

| Top of Page | | Table of Contents| | Next Page| | Assessors' Manuals |

Please send general questions or comments to Orpts Solutions Center

Updated: