New York Laws
Title 2-B - Railroad Real Property of Interstate Railroad Companies
489-HH - Economic Factor.

(b) Notwithstanding the provisions of subdivision (a) of this section,
for purposes of determining railroad ceilings for interstate railroads
for assessment rolls completed in two thousand three and thereafter, the
percentage indicated opposite the ratio in the table in this subdivision
shall be the economic factor. If the ratio does not coincide with a
specific rate indicated in the table in this subdivision, the economic
factor for such company shall be determined by interpolation to the
nearest tenth of one percent.

Ratio Economic Factor
(Percent)
.60 100
.65 85
.70 70
.75 60
.80 50
.85 40
.90 30
.95 20
1.00 15
(c) Notwithstanding the provisions of subdivision (b) of this section,
whenever it shall appear that an economic factor is increasing more than
one-tenth from the economic factor established in the prior year, such
increase may not exceed one-tenth.