[Adopted 3-12-1997 by L.L. No. 3-1997 (Ch. 132 of the 1976
Code)]
This article shall be known as the "Alternative
Veterans Exemption Law of the Town of Perinton."
[Amended 7-10-2019 by L.L. No. 5-2019]
It is the purpose and intent of this article to implement legislation
which increases the maximum exemption allowable for the alternative
veterans exemptions, as set forth by the Real Property Tax Law of
New York State § 458-a(2)(d)(ii) to $45,000, $30,000 and
$150,000, respectively.
All applicable provisions of § 458-a
of the Real Property Tax Law of New York State, including all subdivisions,
together with any and all appropriate amendments thereto, are hereby
approved and adopted as and for law and procedures of the Town of
Perinton except where provisions of this article or any other local
law or ordinance of the Town of Perinton shall prescribe differently.
In such event, compliance with the provisions of such local law or
ordinance shall constitute proper compliance with this article.
[Amended 11-30-2005 by L.L. No. 2-2005; 7-10-2019 by L.L. No. 5-2019]
A.
The Assessor of the Town of Perinton is hereby directed to increase
the maximum exemption allowable for the alternative veterans exemption
under § 458-a, and to make appropriate adjustments to all
alternative exemptions on the assessment roll of the Town of Perinton
to accurately reflect said increase.
B.
The maximum exemption allowable for a veterans real property tax
exemption shall be as follows:
(1)
Qualifying residential real property shall be exempt from taxation
to the extent of 15% of the assessed value of such property; provided,
however, that such exemption shall not exceed the lesser of $45,000
or the product of $45,000 multiplied by the latest state equalization
rate for the Town of Perinton.
(2)
In addition to the exemption provided by Subsection B(1) of this section, where the veteran served in a combat theater or combat zone of operations, as documented by the award of a United States campaign ribbon or service medal, qualifying residential real property also shall be exempt from taxation to the extent of 10% of the assessed value of such property; provided, however, that such exemption shall not exceed the lesser of $30,000 or the product of $30,000 multiplied by the latest state equalization rate for the Town of Perinton.
(3)
In addition to the exemption provided by Subsections B(1) and (2) of this section, where the veteran received a compensation rating from the United States Veterans Administration because of a service-connected disability, qualifying residential real property also shall be exempt from taxation to the extent of the product of the assessed value of such property multiplied by 50% of the veteran's disability rating; provided, however, that such exemption shall not exceed the lesser of $150,000 or the product of $150,000 multiplied by the latest state equalization rate for the Town of Perinton.
The Town Board may from time to time amend,
supplement, change, modify or repeal this article pursuant to the
provisions of the Town Law, the General Municipal Law and the Real
Property Tax Law of New York State applicable thereto.
This article shall take effect immediately upon
the filing with the Secretary of State and shall apply to assessment
rolls prepared on the basis of taxable status dates occurring on or
after January 1, 1997.
