N.Y. Real Property Tax Law 489-III – Prior certificates of eligibility
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§ 489-iii. Prior certificates of eligibility. Any project for which a certificate of eligibility has been approved by the industrial and commercial incentive board prior to the enactment of this section shall be eligible for a tax exemption computed according to the tax exemption tables and formulae in effect on the date of such approval.
Terms Used In N.Y. Real Property Tax Law 489-III
- Board: means the industrial and commercial incentive board;
3. See N.Y. Real Property Tax Law 489-AAA - Commercial: means any non-residential property used primarily for the buying, selling or otherwise providing of goods or services, provided that the use of such property has not been designated as a restricted commercial use pursuant to section four hundred eighty-nine-ccc of this title;
4. See N.Y. Real Property Tax Law 489-AAA - Industrial: means property used primarily for the manufacturing or assembling of goods or the processing of raw materials;
6. See N.Y. Real Property Tax Law 489-AAA