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.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.