[Adopted 10-24-2007 by L.L. No. 1-2007]
Tax exemptions under this article are provided
pursuant to the authority granted under Real Property Tax Law § 458-a
and are subject to all the terms and provisions of that section.
[Amended 12-28-2011 by L.L. No. 1-2011; 10-24-2012 by L.L. No. 7-2012]
A.
The Town of Dover will provide veterans, as defined under Real Property
Tax Law § 458-a, with a real property tax exemption as authorized
under this section.
B.
The Town of Dover will provide Cold War veterans as defined under
Real Property Tax Law § 458-b and defined as those persons
who rendered military service to the United States between September
2, 1945, and December 26, 1991, a limited exemption from real property
taxes, provided such property meets the requirements set forth in
the law of 10% of the assessed value of such property; provided, however,
that such exemption shall not exceed $8,000 or the product of $8,000
multiplied by the latest state equalization rate of the assessed unit
or, in the case of a special assessing unit, the latest class ratio,
whichever is less.
(1)
Pursuant to Subsection 2(a)(iii) of Section 458-b of the New York
State Real Property Tax Law, the exemption authorized shall apply
to qualifying owners of qualifying real property for as long as they
remain qualifying owners, without regard to such ten-year limitation.
[Added 3-14-2018 by L.L.
No. 2-2018]
Pursuant to the authority granted under Subdivision
2 of § 458-a of the Real Property Tax Law, the amount of
exemption provided under paragraphs (a), (b) and (c) of Subdivision
2 is increased as follows: $27,000, $45,000 and $90,000, respectively.
These amounts are subject to reduction pursuant to the terms of Subdivision
2 if the applicable equalization rate is less than 100%.
