[Adopted 10-13-1999 by L.L. No. 8-1999]
[Amended 5-14-2009 by L.L. No. 5-2009]
The purpose of this article is to provide that:
A. 
Veterans exemptions from real property taxes shall be granted pursuant to § 458, Subdivision 8, of the Real Property Tax Law of the State of New York.
B. 
Cold War veterans, persons who served under active duty in the United States Armed Forces during the time period from September 2, 1945, to December 26, 1991, and were discharged or released therefrom under honorable conditions, shall be exempt from taxation for qualifying residential real property, to the extent of 10% of the assessed value of such property.
C. 
If a Cold War veteran receives the exemption under § 458 or § 458-9 of the Real Property Tax Law, the Cold War veteran shall not be eligible to receive the exemption under Subsection B of this section.
D. 
The exemption provided by Subsection B of this section shall be granted for a period of 10 years.
Pursuant to the provisions of Subdivision 8(d) of § 458 of the Real Property Tax Law of the State of New York, qualified owners of cooperative apartments shall be granted veterans exemptions from real property taxes pursuant to § 458, Subdivision 8, of the Real Property Tax Law for purposes of real property taxes levied for the Village of Lawrence.