[Adopted 10-2-1984 by L.L. No. 5-1984]
A.
It is the declared policy of this article to continue
the tax exemption for veterans which is established in § 458
of the Real Property Tax Law and to prevent a change in that exemption
pursuant to Chapter 525 of the Laws of 1984.
B.
The necessity for local intervention by the enactment
of the provisions of this article is hereby declared as a matter of
legislative determination as required by Chapter 525, Section 1(4),
of the Laws of 1984.
It is the intent and purpose of this chapter
to regulate and determine real property tax exemptions for veterans.
Notwithstanding the provisions of Chapter 525
of the Laws of 1984 amending § 458 of the Real Property
Tax Law, no exemption shall be granted pursuant to Chapter 525 of
the Laws of 1984 for the purposes of taxes levied for the Village
of Hammondsport. Veterans' exemptions for taxes levied for the Village
of Hammondsport shall be regulated by § 458 as it existed
on the 29th day of August, 1984.
[Added 12-12-1995 by L.L. No. 7-1995]
The purpose of this section is to provide for
an increase in the amount of the veterans' eligible funds exemption
in direct proportion to the general increase in assessments throughout
the Village of Hammondsport, which increase is referred to as the
change in level of assessment and is authorized pursuant to the provisions
of § 458, Subdivision 5(a), of the Real Property Tax Law.
