New York Laws
Title 3 - Miscellaneous Provisions
490 - Exemption From Special Ad Valorem Levies and Special Assessments.

§ 490. Exemption from special ad valorem levies and special
assessments. Real property exempt from taxation pursuant to subdivision
two of section four hundred, subdivision one of section four hundred
four, subdivision one of section four hundred six, sections four hundred
eight, four hundred ten, four hundred ten-a, four hundred ten-b, four
hundred eighteen, four hundred twenty-a, four hundred twenty-b, four
hundred twenty-two, four hundred twenty-six, four hundred twenty-seven,
four hundred twenty-eight, four hundred thirty, four hundred thirty-two,
four hundred thirty-four, four hundred thirty-six, four hundred
thirty-eight, four hundred fifty, four hundred fifty-two, four hundred
fifty-four, four hundred fifty-six, four hundred sixty-four, four
hundred seventy-two, four hundred seventy-four, four hundred eighty-five
and subdivision ten of section four hundred eighty-seven of this chapter
shall also be exempt from special ad valorem levies and special
assessments against real property located outside cities and villages
for a special improvement or service or a special district improvement
or service and special ad valorem levies and special assessments imposed
by a county improvement district or district corporation except (1)
those levied to pay for the costs, including interest and incidental and
preliminary costs, of the acquisition, installation, construction,
reconstruction and enlargement of or additions to the following
improvements, including original equipment, furnishings, machinery or
apparatus, and the replacements thereof: water supply and distribution
systems; sewer systems (either sanitary or surface drainage or both,
including purification, treatment or disposal plants or buildings);
waterways and drainage improvements; street, highway, road and parkway
improvements (including sidewalks, curbs, gutters, drainage,
landscaping, grading or improving the right of way) and (2) special
assessments payable in installments on an indebtedness including
interest contracted prior to July first, nineteen hundred fifty-three,
pursuant to section two hundred forty-two of the town law or pursuant to
any other comparable provision of law.