[Adopted 8-23-1976 by L.L. No. 1-1976]
[Amended 4-16-2012 by L.L. No. 2-2012]
As provided in § 485-b of the Real Property Tax Law, the exemption table as set forth in Subdivision 2(a)(iii) is hereby adopted:
Year of Exemption
Percentage of Exemption
1
50%
2
45%
3
40%
4
35%
5
30%
6
25%
7
20%
8
15%
9
10%
10
5%