This local law is enacted pursuant to the authority
contained at Paragraph (d) of Subdivision 2 of § 458-a of
the Real Property Tax Law of the State of New York.
The maximum exemptions allowable pursuant to
Paragraphs (a), (b) and (c) of Subdivision 2 of § 458-a
of the Real Property Tax Law of the State of New York are increased
to $27,000, $18,000 and $90,000, respectively.