This article shall be known as "A Local Law
Establishing Exemption Amounts for Real Property Taxes for Veterans."
This article is enacted pursuant to and in accordance
with the terms, conditions and requirements set forth in the New York
State Real Property Tax Law § 458-a to establish real property
tax exemption levels for veterans.
The exemption levels shall be:
Classification
|
Exemption Level
|
---|
Wartime
|
$36,000
|
Combat zone
|
$24,000
|
Disability
|
$120,000
|