[Adopted 11-16-1978 as Ch. 113, Art. II, of the 1978 Code]
Pursuant to Chapter 278 of the Laws of the State
of New York for 1976, amending the Real Property Tax Law in relation
to providing a partial exemption for certain business improvements
constructed in the State of New York, the exemption for real property
constructed, altered, installed or improved subsequent to the first
day of January 1976 for the purpose of commercial, business or industrial
activities, which under such law shall be exempt from taxation, special
ad valorem levies and service charges to the extent provided in such
law, is fixed for all purposes at 0%.
