[Adopted 2-17-1999 by L.L. No. 1-1999]
[Amended 11-3-2022 by L.L. No. 5-2022]
Real property owned by person(s) with a qualifying disability shall be exempt from taxation to the extent set forth in the schedule in § 166-5. The qualifications and conditions for said exemption are set forth in the state Real Property Tax Law § 459-c.
Improvements made by the person or persons qualified
for this exemption for use and accessibility by such person prior
to the adoption of this article shall be included by the Assessor
in the determination of the exemption upon such proof as required
in Real Property Tax Law § 459-c.
[Amended 12-9-2002 by L.L. No. 3-2002; 5-4-2017 by L.L. No. 1-2017; 11-3-2022 by L.L. No. 5-2022]
|
Annual Income
|
Percentage of Assessed Valuation Exempt from Taxation
|
|---|---|
|
Less than $50,000
|
50%
|
|
$50,000 but less than $51,000
|
45%
|
|
$51,000 but less than $52,000
|
40%
|
|
$52,000 but less than $53,000
|
35%
|
|
$53,000 but less than $53,900
|
30%
|
|
$53,900 but less than $54,800
|
25%
|
|
$54,800 but less than $55,700
|
20%
|
|
$55,700 but less than $56,600
|
15%
|
|
$56,600 but less than $57,500
|
10%
|
|
$57,500 but less than $58,400
|
5%
|
All other terms and provisions of Real Property
Tax Law § 459-c shall apply with the same force and effect
to any exemption granted under this article.
