[HISTORY: Adopted by the Town Board of the
Town of New Castle 10-12-1976 by L.L. No. 6-1976. Amendments noted where
applicable.]
GENERAL REFERENCES
Real property tax exemption — See Ch. 116.
This chapter shall be known as the "Taxation — Partial
Business Exemption Law."
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
|
0
|
|
2
|
0
|
|
3
|
0
|
|
4
|
0
|
|
5
|
0
|
|
6
|
0
|
|
7
|
0
|
|
8
|
0
|
|
9
|
0
|
|
10
|
0
|
This chapter 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.
