ยง  497.  Construction  of certain local option provisions in exemption
  statutes. 1. Population restrictions. When an  exemption  statute  makes
  one  or  more  options  available  to  municipal  corporations  having a
  population within a  specified  range,  and  the  governing  body  of  a
  municipal  corporation  adopts a local law or resolution exercising such
  an option  while  its  population  is  within  the  specified  range,  a
  subsequent  change  in  the population of the municipal corporation that
  places it outside the specified range shall not render such local law or
  resolution ineffective or invalid, nor shall it impair  the  ability  of
  the  governing  body  to amend or repeal such local law or resolution to
  the same extent as if its population were  still  within  the  specified
  range.  Provided,  however, that this subdivision shall not apply to any
  exemption statute that expressly provides that a local law or resolution
  adopted thereunder shall become ineffective or invalid if the population
  of the municipal corporation  subsequently  experiences  a  change  that
  places it outside the specified range.
2.  Filing  provisions.  When  an  exemption statute makes one or more
  options available to some or all  municipal  corporations,  and  further
  provides that a municipal corporation adopting a local law or resolution
  exercising  such  an  option  shall file a copy thereof with one or more
  state agencies other than the department of state, but if  such  statute
  does  not  expressly  provide  that a local law or resolution exercising
  such an option shall not take effect until a copy thereof is filed  with
  the  specified  state  agency or agencies, then a failure to comply with
  such filing provision shall not render  such  local  law  or  resolution
  ineffective or invalid.
Structure New York Laws
Title 3 - Miscellaneous Provisions
490 - Exemption From Special Ad Valorem Levies and Special Assessments.
491 - Conservation Easement Agreement Exemption; Certain Towns.
491*2 - Conservation Easement Agreement Exemption; Certain Towns.
491-A - Conservation Easement Agreement Exemption; Certain Towns.
491-A*2 - Conservation Easement Agreement Exemption; Certain Towns.
491-B - Conservation Easement Agreement Exemption; Certain Towns.
491-B*2 - Conservation Easement Agreement Exemption; Certain Towns.
492 - Ascertainment of Amount of Special Assessment in Certain Cases.
494 - Taxation of Exempt Property Upon Transfer of Title or Possession in Certain Instances.
494-A - Exemption From Taxation of Property Upon Transfer of Title in Certain Instances.
496 - Voluntary Renunciation of an Exemption.
497 - Construction of Certain Local Option Provisions in Exemption Statutes.