All real property owned by one or more persons,
each of whom is 65 years of age or over, or real property owned by
a husband or wife, one of whom is 65 years or older, shall be exempt
from taxation, as defined in the Real Property Tax Law, by the Town of Haverstraw to the extent set forth herein.
[Amended 11-25-1991 by L.L. No. 8-1991; 12-14-1992 by L.L. No. 7-1992; 9-26-1994 by L.L. No. 6-1994; 1-22-1996 by L.L. No.
1-1996; 11-25-1996 by L.L. No. 5-1996; 12-15-1998 by L.L. No.
20-1998; 1-8-2001 by L.L. No. 2-2001; 3-24-2003 by L.L. No. 4-2003; 4-26-2004 by L.L. No.
5-2004; 11-27-2006 by L.L. No. 6-2006; 10-22-2007 by L.L. No.
6-2007; 2-9-2009 by L.L. No. 1-2009]
A. The Town of Haverstraw, for assessment rolls prepared
on the basis of the taxable status date occurring on or after January
1, 2023, provided the following partial exemptions from real property
taxation as set forth in the following schedule:
[Amended 1-24-2023 by L.L. No. 2-2023]
Annual Income
|
Percentage of Assessed Valuation Exempt from Taxation
|
---|
Less than $50,000
|
50%
|
$50,000 but less than $51,000
|
45%
|
$51,000 but less than $52,000
|
40%
|
$52,000 but less than $53,000
|
35%
|
$53,000 but less than $53,900
|
30%
|
$53,900 but less than $54,800
|
25%
|
$54,800 but less than $55,700
|
20%
|
$55,700 but less than $56,600
|
15%
|
$56,600 but less than $57,500
|
10%
|
$57,500 but less than $58,400
|
5%
|
B. The Town of Haverstraw, for assessment rolls prepared
on the basis of the taxable status date occurring on or after January
1, 2010, provided the following partial exemptions from real property
taxation as set forth in the following schedule:
Annual Income of Applicant or Applicants
|
Percentage of Assessed Valuation Exempt
From Taxation
|
---|
More than $0 but less than $28,999.99
|
50%
|
More than $29,000.00 but less than $29,999.99
|
45%
|
More than $30,000.00 but less than $30,999.99
|
40%
|
More than $31,000.00 but less than $31,999.99
|
35%
|
More than $32,000.00 but less than $32,899.99
|
30%
|
More than $32,900.00 but less than $33,799.99
|
25%
|
More than $33,800.00 but less than $34,699.99
|
20%
|
More than $34,700.00 but less than $35,599.99
|
15%
|
More than $35,600.00 but less than $36,499.99
|
10%
|
More than $36,500.00 but less than $37,399.99
|
5%
|
The provisions of § 467 of the Real
Property Tax Law, including those outlining conditions for the grant
of this exemption, are hereby incorporated by reference into this
article.