[Adopted 3-13-2007 by L.L. No. 8-2007]
As used in this article, the following terms shall have the meanings indicated:
GOLD STAR PARENT
A parent of a child who died in the line of duty while serving in the United States Armed Forces during a period of war.
PERIOD OF WAR
The Spanish-American War; the Mexican border period; World War I; World War II; the hostilities known as the "Korean War," which commenced June 27, 1950, and terminated on January 31, 1955; the hostilities known as the "Vietnam War," which commenced December 22, 1961, and terminated on May 7, 1975; and the hostilities known as the "Persian Gulf conflict," which commenced August 2, 1990.
VETERAN
A person:
A. 
Who served in the active military, naval, or air service during a period of war or who was a recipient of the armed forces expeditionary medal, naval expeditionary medal, Marine Corps expeditionary medal or global war on terrorism expeditionary medal, and who was discharged or released therefrom under honorable conditions; or
B. 
Who was employed by the War Shippings Administration or Office of Defense Transportation or their agents as a merchant seaman documented by the United States Coast Guard or Department of Commerce or as a civil servant employed by the United States Army Transportation Service (later redesignated as the United States Army Transportation Corps, Water Division) or the Naval Transportation Service; and who served satisfactorily as a crew member during the period of armed conflict, December 7, 1941, to August 15, 1945, aboard merchant vessels in oceangoing (i.e., foreign), intercoastal or coastwise service, as such terms are defined under federal law (46 U.S.C.A. §§ 10301 and 10501), and further to include near-foreign voyages between the United States, Canada, Mexico or the West Indies via ocean routes or public vessels in oceangoing service or foreign waters and who has received a certificate of release or discharge from active duty and a discharge certificate or an honorable service certificate/report of casualty from the Department of Defense;
C. 
Who served as a United States civilian employed by the American Field Service and served overseas under United States Armies and United States Army Groups in World War II during the period of armed conflict, December 7, 1941, through May 8, 1945, and who was discharged or released therefrom under honorable conditions; or
D. 
Who served as a United States civilian flight crew and aviation ground support employee of Pan American World Airways or one of its subsidiaries or its affiliates and served overseas as a result of Pan American's contract with Air Transport Command or Naval Air Transport Service during the period of armed conflict, December 14, 1941, through August 14, 1945, and who was discharged or released therefrom under honorable conditions.
E. 
Who served as military personnel in the Reserve component of the United States Armed Forces and deemed on active duty under Executive Order 11519, signed March 23, 1970, 35 Federal Register 5003, dated March 24, 1970 and later designated by the United States Department of Defense as Operation Graphic Hand, and who was discharged or released therefrom under honorable conditions.
[Added 3-26-2019 by L.L. No. 2-2019]
A. 
The maximum exemption allowable to qualifying residential real property exempt from taxation under § 458-a of the New York Real Property Tax Law, to the extent of 15% of the assessed value, shall be increased from $27,000 to $54,000.
B. 
In addition to the exemption provided by Subsection A of this section, the maximum exemption allowable to veterans who served in a combat theater or combat zone of operations, as documented by the award of the United States Campaign Ribbon or Service Medal, or the armed forces expeditionary medal, naval expeditionary medal, Marine Corps expeditionary medal, or global war on terrorism expeditionary medal, shall be increased from $27,000 to $36,000.
C. 
The maximum exemption allowable as an additional exemption available to a veteran who has received a compensation rating from a New York veterans organization or the United States Department of Defense because of a service-connected disability, calculated as the product of the assessed value multiplied by 50% of the veteran's disability rating under § 458-a of the New York Real Property Tax Law, is hereby increased from $90,000 to $180,000.
D. 
The County of Suffolk hereby elects to include a Gold Star parent within the definition of "qualified owner" and to include property owned by a Gold Star parent within the definition of "qualifying residential real property," as provided in § 458-a(1)(c) and (d) of the New York Real Property Tax Law, on the condition that such property shall be the primary residence of the Gold Star parent. The exemption granted by Subsections A and B of this section are hereby extended to the primary residences of Gold Star parents located within the Town of Southold. The real property tax exemption provided to Gold Star parents under § 458-a of the New York Real Property Tax Law is hereby extended to such Gold Star parents to the maximum extent permissible under state law.
E. 
Where a veteran already receiving an exemption pursuant to § 458 or 458-a of the Real Property Tax Law sells the property receiving the exemption and purchases property within the same Town or Village, the Assessor shall transfer and prorate, for the remainder of the fiscal year, the exemption which the veteran received. The prorated exemption shall be based upon the date the veteran obtains title to the new property and shall be calculated by multiplying the tax rate or rates for each municipal corporation which levied taxes, or for which taxes were levied, on the appropriate tax roll used for the fiscal year or years during which the transfer occurred times the previously granted exempt amount times the fraction of each fiscal year or years remaining subsequent to the transfer of title. Nothing in this section shall be construed to remove the requirement that any such veteran transferring an exemption pursuant to this section reapply for the exemption authorized pursuant to § 458-a of the Real Property Tax Law on or before the following taxable status date, in the event such veteran wishes to receive the exemption in future fiscal years.
F. 
The exemption allowable under this article may be extended to taxation of school districts if the governing body of the school district in which the property is located adopts a resolution providing such exemption as provided in § 458-9(2)(d)(i). Any such resolution shall be provided to the Town of Southold Assessor’s office on or before March 1 for the assessment roll issued within that year.
[Added 2-25-2014 by L.L. No. 2-2014]
[Added 2-25-2020 by L.L. No. 3-2020]
A. 
Title to that portion of real property owned by a cooperative apartment corporation in which a tenant-stockholder of such corporation resides, and which is represented by his share or shares of stock in such corporation as determined by its or their proportional relationship to the total outstanding stock of the corporation, including that owned by the corporation, shall be deemed to be vested in such tenant-stockholder.
B. 
Provided that all other eligibility criteria of this chapter are met, that proportion of the assessment of such real property owned by a cooperative apartment corporation determined by the relationship of such real property vested in such tenant-stockholder to such entire parcel and the buildings thereon owned by such cooperative apartment corporation in which such tenant-stockholder resides shall be subject to exemption from taxation pursuant to local law against the assessed valuation of such real property; the reduction in real property taxes realized thereby shall be credited by the cooperative apartment corporation against the amount of such taxes otherwise payable by or chargeable to such tenant-stockholder.