N.Y. Real Property Tax Law § 907: Differential tax rates for land and improvements

* § 907. Differential tax rates for land and improvements. 1. Except

as provided by section nine hundred nine of this title, the city of

Amsterdam is hereby authorized to enact a local law, ordinance or

resolution providing for the imposition of taxes for city purposes at

separate and different rates for land and improvements. For purposes of

this title, the term "improvements" means real property as defined in

paragraph (b) of subdivision twelve of section one hundred two of this

chapter.

2. The tax rates imposed in accordance with this title shall be

determined in accordance with the provisions of the local law, ordinance

or resolution enacted pursuant to this section, except that the tax rate

imposed upon improvements may not exceed the tax rate imposed upon land.

3. The provisions of this title shall not apply to property assessed

pursuant to article six of this chapter or to property for which ceiling

assessments are established pursuant to titles two-A and two-B of

article four of this chapter. The rate of tax imposed on such property

shall be determined as if all real property on the assessment roll were

taxed at the same rate.

4. In no event shall the provisions of this title be construed to

authorize the imposition of real property taxes in excess of the

limitation established by the state constitution.

* NB Expired July 1, 2001