LIPA v. Shoreham-Wading River Cent. Sch. Dist.

88 N.Y.2d 503 (1996) and Town of Brookhaven v. State Bd. of Equalization and Assessment, 88 N.Y.2d 354 (1996).  These related appeals were heard together in the Court of Appeals.  The first action concerned the proper amount and timing of payments-in-lieu of taxes to be made by the Long Island Power Authority with respect to the decommissioned Shoreham Nuclear Plant.  Allied with other jurisdictions that levied taxes on the Nuclear Plant, we obtained favorable interpretations of key provisions of the Long Island Power Authority Act.  In the second action, again allied with other jurisdictions, we successfully persuaded the Court of Appeals to reverse the lower courts and declare the Library entitled to transition aid under Real Property Tax Law § 545.