NY A00712

Amends Real Property Tax Law to exempt telecommunications equipment owned by non-telephone companies from real property taxation when used for transmission and switching of electromagnetic voice, video, and data signals across public spaces.

Excludes from the exemption: station connections, fire and surveillance alarm systems, news wire services property, and news/entertainment radio, television, or cable television transmission property.

Adds new exemption category for property used in transmission or switching of radio signals for commercial mobile radio service or mobile internet access service, excluding fiber optic cables, towers, permanently affixed steel rooftop structures, and walk-in shelters.

Takes effect immediately and applies to all assessments not yet final, including those with pending complaints under Real Property Tax Law Section 524.

Clarifies and corrects prior court decision regarding telecommunications equipment taxation under laws from 1985 and 1987.