[Adopted 10-30-1985 by L.L. No. 2-1985; amended 7-13-1988 by L.L. No. 2-1988]
If the ratio between an exemption granted under § 458, Subdivision 5(a), of the Real Property Tax Law, regarding veterans exemptions, and the total assessed value of the real property for which such exemption has been granted increases or decreases due only to a full value assessment in the tax district in which such real property is located, the amount of the exemption heretofore or hereafter granted shall be increased or decreased in such subsequent year in the same proportion as the total assessed value has been increased or decreased.