NY S05389

Amends Real Property Tax Law Section 102(12)(i) to exclude telecommunications equipment owned by non-telephone companies from real property tax, including lines, wires, poles, supports, and enclosures used for transmission and switching of electromagnetic voice, video, and data signals between separate entities.

Adds a new exclusion (E) for property used in transmission or switching of radio signals for commercial mobile radio service or mobile internet access service, except for fiber optic cables, towers, permanently affixed steel rooftop structures, and walk-in shelters.

Clarifies that the 1985 and 1987 legislative intent was to exempt all telecommunications transmission and switching equipment from real property tax classification, regardless of whether such equipment would otherwise qualify as a taxable fixture.

Takes effect immediately and applies retroactively to all assessments that have not become final, including assessments where taxpayers have not yet filed complaints under Real Property Tax Law Section 524.