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
|
None
|
2
|
None
|
3
|
None
|
4
|
None
|
5
|
None
|
6
|
None
|
7
|
None
|
8
|
None
|
9
|
None
|
10
|
None
|
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 Equalization and Assessment.