[Adopted 12-14-1976 by L.L. No. 6-1976]
The per centum of business investment exemption
set forth in § 485-b2(a) of the Real Property Tax Law of
the State of New York is hereby reduced to read as follows with regard
to real property situate within the Village of Nassau, Rensselaer
County, New York:
|
Year of Exemption
|
Percentage of Exemption
|
|---|---|
|
1
|
25%
|
|
2
|
22.5%
|
|
3
|
20%
|
|
4
|
17.5%
|
|
5
|
15%
|
|
6
|
12.5%
|
|
7
|
10%
|
|
8
|
7.5%
|
|
9
|
5%
|
|
10
|
2.5%
|
