[Adopted 11-13-2007 by L.L. No. 10-2007, approved 11-27-2007]
A.
Pursuant
to New York State Real Property Tax Law § 458-b, the Cold
War veterans exemption allowable in Paragraphs (a)(ii) and (b) of
Subdivision 2 of § 458-b of the Real Property Tax Law is
allowed. The maximum exemption allowable under Paragraph (a)(ii) of
Subdivision 2 of § 458-b of the Real Property Tax Law is
increased to $45,000, and the maximum exemption allowable under Paragraph
(b) of Subdivision 2 of § 458-b of the Real Property Tax
Law is increased to $150,000.
[Amended 5-9-2023 by L.L. No. 7-2023]
B.
Pursuant
to Chapter 290 of the Law of 2017, the Cold War veterans exemption
allowable in Paragraphs (a)(i) and (b) of Subdivision 2 of § 458-b
of the Real Property Tax Law is hereby extended.
[Added 1-9-2018 by L.L.
No. 1-2018]
This article shall take effect for assessment
rolls prepared on the basis of taxable status dates occurring on or
after December 31, 2007, and upon filing in the office of the Secretary
of State as provided by § 27 of the Municipal Home Rule
Law.
