§ 907 — Differential tax rates for land and improvements

New York § 907

• Jurisdiction: New York
• Law RPT: Real Property Tax
• Title 1-A: Demonstration Program For the Imposition of Differential Tax Rates In the City of Amsterdam
• Art. 9: Levy and Collection of Taxes

Text

* § 907. Differential tax rates for land and improvements. 1. Except\nas provided by section nine hundred nine of this title, the city of\nAmsterdam is hereby authorized to enact a local law, ordinance or\nresolution providing for the imposition of taxes for city purposes at\nseparate and different rates for land and improvements. For purposes of\nthis title, the term "improvements" means real property as defined in\nparagraph (b) of subdivision twelve of section one hundred two of this\nchapter.\n 2. The tax rates imposed in accordance with this title shall be\ndetermined in accordance with the provisions of the local law, ordinance\nor resolution enacted pursuant to this section, except that the tax rate\nimposed upon improvements may not exceed the tax rate imposed upon land.\n 3. The provisions of this title shall not apply to property assessed\npursuant to article six of this chapter or to property for which ceiling\nassessments are established pursuant to titles two-A and two-B of\narticle four of this chapter. The rate of tax imposed on such property\nshall be determined as if all real property on the assessment roll were\ntaxed at the same rate.\n 4. In no event shall the provisions of this title be construed to\nauthorize the imposition of real property taxes in excess of the\nlimitation established by the state constitution.\n * NB Expired July 1, 2001\n