[Adopted 6-23-2003 by L.L. No. 5-2003;
amended in its entirety 3-10-2008 by L.L. No. 4-2008; 11-28-2022 by L.L. No. 1-2023]
[1]
Editor's Note: See also Art. III, Real Property
Tax Exemption.
A.
A partial exemption for disabled individuals from
real estate taxes pursuant to § 459-c of the Real Property
Tax Law is created as follows:
|
Maximum Income
|
Percentage of Exemption
|
|---|---|
|
Less than $50,000
|
50%
|
|
At least $50,001, but less than $50,999
|
45%
|
|
At least $51,000, but less than $51,999
|
40%
|
|
At least $52,000, but less than $52,999
|
35%
|
|
At least $53,000, but less than $53,899
|
30%
|
|
At least $53,900, but less than $54,799
|
25%
|
|
At least $54,800, but less than $55,699
|
20%
|
|
At least $55,700, but less than $56,599
|
15%
|
|
At least $56,600, but less than $57,499
|
10%
|
|
At least $57,500, but less than $58,399
|
5%
|
