[Adopted 9-21-1994 by L.L. No. 6-1994,[1] approved 9-29-1994]
[1]
Editor's Note: This local law also repealed former Article IV, Veterans Exemption, adopted 7-23-1985 as L.L. No. 3-1985, approved 8-6-1985.
The exemption for veterans provided by Subdivisions 1 and 2 of § 458 of the Real Property Tax Law (RPTL) shall, for County purposes, be subject to adjustment as described in Subdivision 5(a) of such section.
Owners of property who previously received an exemption pursuant to § 458 of the Real Property Tax Law, but who opted to receive exemption pursuant to § 458-a of the Real Property Tax Law, in accordance with Subdivision 5(b) of § 458 of such law, may apply within one year from the date this article is adopted to again receive exemption pursuant to § 458 of the Real Property Tax Law; provided, however, that only those applications actually received by the Assessor on or before 5:00 p.m. on October 31, 1994, shall be eligible for the exemption under said § 458 for purposes of the 1995 County taxes.
This article shall be applied retroactively to an assessment roll prepared on the basis of a taxable status date of March 1, 1994, subject to the provisions of § 357-36.1 of this article.