[Adopted 9-25-1984 by L.L. No. 3-1984; amended in its entirety 1-3-2017 by L.L. No. 1-2017]
The purpose of this article is to set forth that the exemptions from real property taxes pursuant to § 458-a of the Real Property Tax Law of the State of New York shall apply to properties located within the Village, and to increase the maximum allowable real property tax exemptions provided for in § 458-a of the Real Property Tax Law that is effective in the Village of Hastings-on-Hudson. All definitions, terms and conditions of such statute shall apply to this article.
[Amended 4-19-2022 by L.L. No. 6-2022]
The maximum exemptions allowable in Paragraphs (a), (b) and (c) of Subdivision 2 of § 458-a of the Real Property Tax Law are hereby set as $75,000, $50,000 and $250,000, respectively.
Pursuant to New York Municipal Home Rule Law § 22, the provisions of this article are intended to supersede the provisions of Real Property Tax Law § 458-a to the extent that this article and Real Property Tax Law § 458-a are inconsistent.