[Adopted 4-24-2001 by L.L. No. 2-2001]
Pursuant to the authority granted by Chapter 625 of the Laws of 1995, the City of Glen Cove hereby enacts a local law to allow the adjustment of veterans exemptions under Real Property Tax Law § 458(1) or 458(2) in proportion to the change in level of assessments resulting from a revaluation or update.
This article shall take effect May 1, 2001, and shall apply to assessment rolls prepared on the basis of taxable status dates occurring on or after such effective date.