Definitions of the terms in this article are
in accordance with those set forth in § 458-b of the Real
Property Tax Law.
Qualifying residential real property owned by
a Cold War veteran or the spouse or unremarried surviving spouse of
a Cold War veteran shall be eligible for exemption in accordance with
Real Property Tax Law § 458-b, to the extent provided in
this article.
Application for such exemption shall be made
by the owner, or all the owners, of the property on forms prescribed
by the State Board, and including the information and executed in
the manner required or prescribed in such forms on or before the appropriate
taxable status date.
The exemption authorized by this article shall
apply to assessment rolls prepared with a taxable status date occurring
at least 90 days after the effective date of this article.