As provided in Subdivision 7 of § 485-b of the Real
Property Tax Law, the exemption table set forth in Subdivision 2(a)
of that section shall be amended to read as follows:
Years of Exemption
|
Percentage of Exemption
|
---|
1 through 10
|
0% each year
|
This article shall take effect immediately as provided in the
Municipal Home Rule Law, and an additional copy shall be filed with
the State Board of Real Property Services, the Ulster County Real
Property Tax Service Agency (a division of the Ulster County Department
of Finance), and the Assessor of the Town of New Paltz. Properties
currently receiving exemptions would be excluded and continue to receive
already approved exemptions.