Section 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