This article is being enacted pursuant to the
new subdivision 7 of § 458-a of the Real Property Tax Law,
which was enacted on March 13, 2000, by the State of New York.
As used in this article, "Gold Star Parent"
shall mean the parent of a child who died in the line of duty while
serving in the United States Armed Forces during a period of war.
An exemption under this article shall not add
to or increase any veterans exemption which the Gold Star Parent presently
has or would have in the future on the same parcel of real property.
This article shall take effect immediately and
shall apply to assessment rolls prepared on the basis of taxable status
dates occurring on or after the first day of June next succeeding
the date on which this article shall become effective.