Town of Ontario, NY Article V Alternative Veterans Exemption

[Adopted 11-27-2006 by L.L. No. 3-2006, effective 1-1-2007]

§ 131-12 Applicability of statutory provisions.

The provisions of § 458-a of the Real Property Tax Law of the State of New York shall be effective and shall apply to real property located in the Town of Ontario.

§ 131-13 Provisions adopted by reference.

All applicable provisions of § 458-a of the Real Property Tax Law of the State of New York, including all subdivisions, together with any and all appropriate amendments to that law, are hereby approved and adopted as and for the law and procedures of the Town of Ontario except where provisions of this article or any other local law or ordinance of the Town of Ontario shall prescribe differently. In such event, compliance with the provisions of such local law or ordinance shall constitute proper compliance with this article.

§ 131-14 Alternative veterans exemptions granted.

The maximum exemptions allowable for the alternative veterans exemption for qualified owners of qualifying residential real property under § 458-a, Paragraphs 2(a), (b) and (c), of the Real Property Tax Law of the State of New York, shall be $36,000, $24,000 and $120,000, respectively. The Assessor of the Town of Ontario shall make appropriate adjustments to all existing alternative veterans exemptions on the assessment roll of the Town of Ontario to increase eligible exemptions up to those maximum amounts.

§ 131-15 Gold Star exemption granted.

A Gold Star Parent shall be included within the definition of "qualified owner," and property owned by a Gold Star Parent shall be included within the definition of "qualifying residential real property," provided that such property shall be the primary residence of the Gold Star Parent, as provided in § 458-a, Paragraphs 1(c) and (d), respectively, of the Real Property Tax Law of the State of New York. "Gold Star Parent" shall mean the parent of a child who died in the line of duty while serving in the United States armed forces during a period of war.

§ 131-16 Purchase of new property.

Where a veteran already receiving an exemption pursuant to this article sells property within the Town of Ontario receiving the exemption under this article and purchases another property within the Town of Ontario, the Town Assessor shall transfer and prorate, for the remainder of the fiscal year, the exemption which the veteran received. The prorated exemption shall be based upon the date the veteran obtains title to the new property and shall be calculated by multiplying the tax rate or rates for each municipal corporation which levied taxes, or for which taxes were levied, on the appropriate tax roll used for the fiscal year or years during which the transfer occurred times the previously granted exempt amount times the fraction of each fiscal year or years remaining subsequent to the transfer of title. Nothing in this section shall be construed to remove the requirement that any such veteran transferring an exemption pursuant to this section shall reapply for the exemption authorized pursuant to this section on or before the following taxable status date, in the event such veteran wishes to receive the exemption in future fiscal years.