Town of Shelter Island, NY
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2023-12-12
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Part II General Legislation
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Chapter 115 Taxation
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Article I Exemptions for Business Improvements
- Administrative Legislation
- Ch 1 General Provisions
- Ch 2 Videoconferencing
- Ch 3 Assessor
- Ch 5 Building Energy Benchmarking
- Ch 8 Ethics, Code of
- Ch 13 Local Laws, Adoption of
- Ch 16 Officers and Employees
- Ch 18 Personnel Policies
- Ch 19 Police Commissioners, Board of
- Ch 20 Policemen
- General Legislation
- Ch 24 Alarm Systems
- Ch 26 Appearance Tickets
- Ch 28 Applications
- Ch 33 Assemblies, Outdoor
- Ch 36 Beaches and Parks
- Ch 37 Beaches, Vehicles on
- Ch 38 Bingo
- Ch 40 Boats
- Ch 43 Building Construction
- Ch 45 Buildings, Unsafe
- Ch 47 Burning, Open
- Ch 47A Cannabis
- Ch 48 Cell Towers
- Ch 50 Community Preservation Fund
- Ch 51 Community Housing
- Ch 52 Community Housing Fund
- Ch 53 Docks
- Ch 55 Dogs
- Ch 60 Environmental Quality Review
- Ch 62 Excavations
- Ch 63 Excavation of Highways
- Ch 65 Filming
- Ch 66 (Reserved)
- Ch 68 Flood Damage Prevention
- Ch 71 Games of Chance
- Ch 73 Garbage, Rubbish and Refuse
- Ch 74 Geothermal Systems
- Ch 75 (Reserved)
- Ch 77 Historic Preservation
- Ch 79 Home Improvement Contractors
- Ch 82 Irrigation Regulations
- Ch 83 Lighting
- Ch 84 Littering
- Ch 86 Lost or Unclaimed Property
- Ch 88 Low-Nitrogen Sanitary System Rebate Program
- Ch 90 Moorings
- Ch 91 Nature Preserve System
- Ch 92 Noise
- Ch 93 Notification of Defects
- Ch 94 Peddling and Soliciting
- Ch 96 Pesticide Control
- Ch 100 Records, Public Access to
- Ch 105 Rental of Real Property
- Ch 106 Rights-Of-Way
- Ch 108 Shellfish
- Ch 109 Site Plan Review
- Ch 110 Storm Sewers
- Ch 111 Subdivision of Land
- Ch 113 Swimming Pools
- Ch 115 Taxation
- Ch 115 Art I Exemptions for Business Improvements
- § 115-1 Legislative intent; reduction of exemption.
- § 115-2 Reduction of exemptions.
- Ch 116 Tobacco, Cannabis and Public Smoking
- Ch 117 Trees
- Ch 118 Trespassing
- Ch 124 Vehicles, Abandoned
- Ch 126 Vehicles and Traffic
- Ch 128 Waterways
- Ch 129 Wetlands
- Ch 133 Zoning
- Disposition List
- Ch DL Disposition List
[Adopted 4-27-1977 by L.L. No. 3-1977]
Effective June 8, 1976, the New York State Legislature
amended the New York Real Property Tax Law by adding § 485-b
(1976 Session Law, c. 278), the effect of which is to provide partial
real property tax exemptions for business improvements to real property.
Such partial real property tax exemptions for business improvements
would not be in the best interest of the Town of Shelter Island, its
taxpayers and its citizens. The New York Real Property Tax Law § 485-b,
Subdivision 7, provides that "..a Town ... may, by local law ... reduce
the percentum of exemption...." It is the intent of this legislation
to exercise the powers provided by the New York Real Property Tax
Law § 485-b, Subdivision 7, the New York Municipal Home
Rule Law § 10, Subdivision 1d(3), to reduce to zero the
partial real property tax exemptions on business improvements provided
by New York Real Property Tax Law § 485-b.
Pursuant to New York Real Property Tax Law § 485-b,
Subdivision 7, the partial real property tax exemptions for business
improvements provided by New York Real Property Tax Law § 485-b,
Subdivision 2, are hereby reduced to zero for years one through 10.
