[Adopted 4-5-1977 by L.L. No. 2-1977]
This article shall be known and may be cited as "Local Law Reducing the Per Centum of Exemption Under the Real Property Tax Law for Certain Business Improvements in the Town of Halfmoon."
The per centum of exemption from taxation otherwise allowed pursuant to § 485-b of the Real Property Tax Law of the State of New York is hereby reduced in the Town of Halfmoon to zero.
This article shall take effect immediately upon the filing thereof in the Office of the Secretary of State of the State of New York.