[Adopted 2-28-2006 by L.L. No. 1-2006 (Ch.
218, Art. IV, of the 2003 Code)]
This article is adopted pursuant to § 458-a
of the Real Property Tax Law for the purpose of increasing the maximum
exemption allowable for veterans.
As used in this article, the following terms
shall have the meanings indicated:
VETERAN
Any honorably discharged member of the Armed Forces of the
United States who is a resident of this state and served as a member
of the armed forces during time of war.
There shall be an increase in the maximum veterans
exemption calculated as follows:
A. Increase exemption for service during a period of
war to $27,000;
B. Increase exemption for service in a combat zone to
$18,000;
C. Increase exemption for disability up to $90,000.
This exemption shall remain so long as it is
authorized by the State of New York and the County of Sullivan.