[Adopted 1-13-1999 by L.L. No. 2-1999[1]]
[1]
Editor's Note: This local law repealed former Article III, Alternative Veterans Exemption, adopted 1-23-1985 by L.L. No. 1-1985.
A. 
Real property owned by one or more persons who qualifies as a veteran pursuant to New York State Real Property Tax Law (RPTL) § 458-a(1), Paragraph (e), shall have an exemption from taxation by the Town of Lloyd to the extent allowed by the provisions of § 458-a, which is hereby adopted by the Town of Lloyd by reference as fully as if set forth in this article and to the extent allowed as hereinafter set forth.
B. 
Notwithstanding the limitation on the amount of the veterans' exemptions prescribed in Subdivision 1 or 2 of RPTL § 458, if the total assessed value of real property for which a veterans' exemption pursuant to RPTL § 458 has been granted increases or decreases as the result of a reevaluation or update of assessments, and a material change in level of assessment, as provided in Title 2 of Article 12 of the RPTL, is certified for the assessment roll pursuant to the rules of the State Board of Assessment, the Town Assessor shall increase or decrease the amount of such exemption by multiplying the amount of such exemption by the change in level of the assessment factor. If the Town Assessor receives the certification after the completion, verification and filing of the final assessment roll, the Town Assessor shall certify the amount of exemption as recomputed to the Town officers having custody and control of the roll, and such Town officers are hereby directed and authorized to enter the recomputed exemption certified by the Town Assessor on the roll.
C. 
Owners of property in the Town who previously received an exemption pursuant to RPTL § 458, but who opted instead to receive exemption pursuant to RPTL § 458-a, may again receive an exemption pursuant to RPTL § 458 upon application by the owner within one year of the adoption of this article.
D. 
The maximum exemption allowable under RPTL § 458-a(2)(d)(ii), as allowable in Paragraphs (a), (b) and (c) of said subdivision, shall be $45,000, $30,000 and $150,000, respectively.
[Amended 6-9-2004 by L.L. No. 3-2004; 8-15-2012 by L.L. No. 9-2012; 5-17-2017 by L.L. No. 3-2017]
E. 
Any person who makes any willful, false statement in the application for this exemption, and who is convicted of having made such false statement, shall be punished as set forth in the Real Property Tax Law and any and all amendments and successors thereto, which are hereby incorporated by reference as fully as if set forth herein.
[Added 6-9-2004 by L.L. No. 3-2004]
An exemption shall be granted to a Gold Star Parent, meaning 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. Said Gold Star Parents are included within the definition of a “qualified owner” as provided in Paragraph (c) of Subdivision 1 of § 458-a of the Real Property Tax Law, and within the definition of “qualifying residential real property” as provided in Paragraph (d) of Subdivision 1 of § 458-a, provided that such property shall be the primary residence of the Gold Star Parent, as provided by Real Property Tax Law § 458-a(7)(c). The additional exemption provided for in Paragraph (c) of Subdivision 2 of § 458-a shall not apply to real property owned by a Gold Star Parent.