[Adopted 10-2-1984 by L.L. No. 2-1984; amended in its entirety 11-19-1991 by L.L. No. 10-1991]
[Amended 9-25-2007 by L.L. No. 13-2007]
A. 
The Village of Piermont hereby adopts the provisions of § 458-a of the Real Property Tax Law of the State of New York as the same may be amended from time to time.
B. 
Amount of exemption.
(1) 
The tax exemption for wartime veterans shall be $54,000.
(2) 
The tax exemption for combat veterans shall be $36,000.
The business investment exemption permitted by § 485-b of the Real Property Tax Law of the State of New York is hereby reduced to 0%.