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.
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.
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.
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.
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.