[Adopted 11-16-1978 as Ch. 113, Art. II, of the 1978 Code]
Pursuant to Chapter 278 of the Laws of the State of New York for 1976, amending the Real Property Tax Law in relation to providing a partial exemption for certain business improvements constructed in the State of New York, the exemption for real property constructed, altered, installed or improved subsequent to the first day of January 1976 for the purpose of commercial, business or industrial activities, which under such law shall be exempt from taxation, special ad valorem levies and service charges to the extent provided in such law, is fixed for all purposes at 0%.