Current through all regulations passed and filed through September 16, 2024
(A) For the purpose
of classifying property for taxation, items of property devoted primarily to
the general use of the land or buildings thereon are to be considered as real
property and all other items of property including their foundations and all
things accessory thereto which are devoted primarily to the business conducted
on the premises are to be considered as personal property.
(B) The following items are hereby classified
as real property for the purpose of taxation. This list is not all-inclusive
and items similar to those herein classified are to be considered as real
property if they meet the test as set forth in the preceding paragraph.
(1) Land and improvements to land, including
retaining walls, piling, and mats for the general improvement of the site,
private roads, walks, paving, areaways, culverts, bridges, viaducts, subways
and tunnels, fencing, artificial lakes, reservoirs, spray ponds, dykes, dams,
ditches and canals, drainage, storm and sanitary sewers, water lines for
drinking, sanitary and fire protection purposes.
(2) Buildings, structural and other
improvements to buildings, including their foundations, floors, partitions,
insulation, walls, roof, stairways, loading and unloading platforms and
canopies, systems for heating, air-conditioning, ventilating, sanitation, fixed
fire protection, lighting, plumbing and drinking water, awnings and shades,
building elevators, building escalators and package chutes.
(3) Generating equipment:
(a) Steam generating equipment primarily for
furnishing heat to buildings and steam power for generators described in
paragraph (B)(3)(b) of this rule, including all equipment and appurtenances and
service lines auxiliary thereto.
(b) Electric generating equipment primarily
for furnishing lights for buildings and yards, including all equipment and
appurtenances auxiliary thereto and including all electric lighting circuits
and equipment incidental thereto.
(4) Permanent standard gauge railroad
trackage, bridges and trestles.
(5)
Permanent crane trackage which is an integral structural part of a
building.
(6) Fixed river or lake
wharves and docks.
(7) Stationary
car dumpers, other than mechanical dumpers, including track hoppers and
bins.
(8) Silos used in
farming.
(9) Walls forming storage
yards.
(10) Mine shafts and
entries.
