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LL #01-198713 1 LOCAL LAW NO. 1 OF 1987 A Local Law to adopt the provisions of Real Property Tax Law Section 1903 concerning Homestead Base Proportions. follows: BE IT ENACTED by the Town Board of the Town of Wappinger as 1. The provisions of Real Property Tax Law Section 1903 concerning homestead base proportions are hereby adopted. 2. The homestead base proportions shall be established by Resolution of the Town Board of the Town of Wappinger in accordance with the Rules of the State Board of Equalization and Assessment, and shall apply to taxes levied on the 1987 final assessment roll and to taxes levied on subsequent rolls, until this local law shall be repealed. 3. This local law shall take effect upon publishing, posting and upon filing a copy with the Secretary of State as required by Law.