485-e Property Tax Abatement Program

 

**No longer available, as of 6/30/10**

Authorized exemption from real property taxation is available for real property constructed, altered, installed, or improved in a designated Empire Zone area

100% of the “base amount” in the 1st seven years of the exemption; 75% of the amount in the 8th year; 50% in the 9th year and 25% in the 10th year

An RP-485-e Real property Tax Exemption Application must be filed with the Town of Union Tax Assessor on or before the appropriate taxable status date and within one year from the date of completion of construction, alteration, etc.

If you would like to see if your proposed project is located in a designated Empire Zone area view the following Town of Union Economic Development Map (.pdf) and/or call the Town of Union Economic Development Director at (607) 786-2945 or e-mail at economicdevelopment@townofunion.com for more information.