There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2016 New York Laws
RPT - Real Property Tax
Article 4 - EXEMPTIONS
Title 2 - (420-A - 489) PRIVATE PROPERTY
479 - Fallout shelter facilities.

NY Real Prop Tax L § 479 (2016) What's This?
 479.  Fallout shelter facilities. 1.  Any real property constructed,
  altered  or  improved  as  or  to  include  a  fallout  shelter facility
  complying with the provisions of the New York  state  defense  emergency
  act  and  the  plan,  regulations  and orders of the state civil defense
  commission promulgated thereunder shall be exempt from taxation and from
  special ad valorem levies and special assessments to the extent that the
  increase in the value of  the  real  property  is  attributable  to  the
  fallout  shelter facility, within the limits provided by subdivision two
  hereof.

2.  No exemption from taxation, special ad  valorem  levy  or  special
  assessments  shall  be  allowed  in  an  amount greater than one hundred
  dollars multiplied by the number of occupants which such fallout shelter
  facility is designed  to  accommodate  in  accordance  with  such  plan,
  regulations and orders of the state civil defense commission.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.