[Adopted 4-12-2004 by L.L. No. 3-2004]
This article is enacted pursuant to the authority
and in accordance with Real Property Tax Law § 458-a. All
terms and definitions of such § 458-a shall be equally applicable
in this article.
A Gold Star Parent (i.e., parents of children
who died in the line of duty while serving in the United States armed
forces during a period of war) owning qualifying residential real
property shall be eligible for exemption to the extent provided by
such § 458-a, provided he/she uses such property as his/her
primary residence. Such qualifying residential real property shall
be entitled to the maximum exemption, unless the maximum exemption
as provided by § 458-a shall be reduced by local law adopted
subsequent to this article.
