[Adopted 10-7-1976 by L.L. No. 5-1976 (Ch. 39A of the 1964 Code)]
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:
Year of Exemption
Percentage of Exemption
1
0%
2
0%
3
0%
4
0%
5
0%
6
0%
7
0%
8
0%
9
0%
10
0%
[Amended 12-2-1999 by L.L. No. 3-1999]
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.