[HISTORY: Comes from L.L. No. 110-2003, adopted 12-16-2003, effective 12-22-2003.]
GENERAL REFERENCES
Partial exemption for persons with limited income — See Ch. 10.
Partial exemption for members of volunteer fire departments and voluntary ambulance service — See Ch. 10A.
Exemption for improvements to accommodate disabled — See Ch. 12.
Exemption of capital improvements — See Ch. 14.
Partial exemption for disabled persons with limited income — See Ch. 25.
Exemption for Gold Star Parents — See Ch. 26.
Pursuant to the provisions of § 458 of the Real Property Tax Law of the State of New York, with regard to the veterans real property tax exemption, if the total assessed value of the real property for which such exemption has been granted increases or decreases as the result of a revaluation or update of assessments, and a material change in level of assessment, as provided in Title Two of Article 12 of Chapter 50-A, is certified for the assessment roll pursuant to the rules of the state board, the Board of Assessors shall increase or decrease the amount of such exemption by multiplying the amount of such exemption by the change in level of assessment factor. If the Board of Assessors receives the certification after the completion, verification and filing of the final assessment roll, the Board of Assessors shall certify the amount of exemption as recomputed pursuant to this section to the local officers having custody and control of the roll, and such local officers are hereby directed and authorized to enter the recomputed exemption certified by the assessor on the roll.
Owners of property who previously received an exemption pursuant to § 458 of the Real Property Tax Law, but who opted instead to receive exemption pursuant to § 458-a of the Real Property Tax Law, are authorized to receive an exemption pursuant to § 458 of the Real Property Tax Law upon application by the owner within one year of the adoption this section. The Board of Assessors shall recompute all exemptions granted pursuant to this section by multiplying the amount of each such exemption by the cumulative change in level of assessment factor certified by the state board measured from the assessment roll immediately preceding the assessment roll on which exemptions were first granted pursuant to § 458-a; provided, however, that if an exemption pursuant to this section was initially granted to a parcel on a later assessment roll, the cumulative change in level factor to be used in recomputing that exemption shall be measured from the assessment roll immediately preceding the assessment roll on which that exemption was initially granted. No refunds or retroactive entitlements shall be granted.
Application for the exemption shall be filed in the Board of Assessor's office on a form proscribed by that Board.