All veterans who presently own real property
in the Town of Ghent, or who hereafter become owners of property in
the Town of Ghent on or before December 30, 1985, and who are otherwise
eligible for a veteran's exemption pursuant to Subdivisions 1, 2 and/or
3 of § 458 of the Real Property Tax Law, shall be eligible
and entitled to an increase in such exemption pursuant to this article.
The exemption granted to such veterans pursuant
to the provisions of Subdivisions 1, 2 and/or 3 of § 458
of the Real Property Tax Law shall be increased in the same proportion
that the assessed value of the real property on which the exemption
has been granted is hereafter increased due to full value assessment.
[Added 2-1-2007 by L.L. No. 1-2007;
amended 2-15-2018 by L.L. No. 1-2018]
The maximum exemption for veterans allowable pursuant to the
provisions of Paragraphs (a), (b) and (c) of Subdivision 2 of § 458-a
of the Real Property Tax Law of the State of New York applicable to
the Town of Ghent, Columbia County, New York, is hereby increased
to $36,000, $24,000, and $120,000, respectively.