New York Laws
Title 2-A - Railroad Real Property of Intrastate Railroad Companies
489-Q - Reports to Commissioner.

§ 489-q. Reports to commissioner. Each railroad company shall furnish
the commissioner the following:

1. A copy of all income, profit and loss and other financial
statements filed with the interstate commerce commission and the
commissioner of transportation; and

2. Such other reports as the commissioner may from time to time
require containing such information and data as it may specify,
including cost and valuation data relating to or an inventory of the
railroad real property of such company situated in each assessing unit,
in order to carry out the provisions of this title.

3. Each railroad company shall pay an annual charge to the state
office. All costs and expenses of the state office, direct and
indirect, incurred in the establishment of railroad ceilings pursuant to
this title shall be paid from the collection of an annual charge upon
railroad companies. The commissioner shall provide by rule for
computation of this charge through the apportionment of these costs and
expenses to railroad companies in direct relation to the value of such
real property subject to the ceiling. Charges shall be subject to the
annual approval of the director of the budget. Any unpaid charge shall
be a lien upon the assets of the company and may be enforced by
appropriate administrative and judicial proceedings commenced by counsel
to the state office.

4. Any railroad company failing to make any report required by or
pursuant to this section within a reasonable time specified by the
commissioner shall forfeit to the people of the state the sum of one
hundred dollars for each failure and the additional sum of fifty dollars
for each day that such failure continues. Acknowledgment of receipt of
blank reports which contain the penalty provisions of this section shall
be deemed sufficient notice of such penalties.