[Adopted 7-7-2008 by L.L. No. 4-2008]
Definitions of the terms in this article are in accordance with those set forth in § 458-b, Subdivision 1(a) through (h), in the New York State Real Property Tax Law.
Pursuant to § 458-b of the Real Property Tax Law, as amended, qualifying residential property, as defined by § 458-b of the Real Property Tax Law, in the Incorporated Village of Freeport owned by an eligible Cold War veteran shall be exempt from taxation by the Village to the maximum extent permitted, and subject to all terms as provided in § 458-b of the Real Property Tax Law.
A. 
Application for such exemption shall be made by the owner or all of the owners of the property on forms prescribed by the State Board, to be furnished by the Village Assessor, and the applicant or applicants shall furnish the information and execute the application in the manner required or prescribed in such forms in the Village Assessor's office on or before the appropriate tax status date.
B. 
Applicants shall be required to refile on or before the appropriate taxable status date if the percentage of disability percentage increases or decreases or may refile if other changes have occurred which affect qualification for an increased or decreased amount of exemption.
This article shall take effect immediately upon filing with the Secretary of the State of New York.