Town of Wawayanda, NY
Orange County
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Table of Contents
Table of Contents
[Adopted 12-7-2000 by L.L. No. 7-2000; amended in its entirety 3-20-2018 by L.L. No. 1-2018]
The purpose of this article is to permit the increase or decrease of the amount of the exemption for eligible funds for veterans exemptions in accordance with Real Property Tax Law § 458(5) by reason of a revaluation or update of assessments of real property within the Town.
Notwithstanding the limitation on the amount of exemption contained in Real Property Tax Law § 458-b(1), if the total assessed value of the real property for which an exemption has been granted increases or decreases as the result of a revaluation or update of assessments and a material change in the level of assessment, as provided for in Real Property Tax Law Title 2 of Article 12 of Chapter 50-A of the Consolidated Laws, is certified for the assessment roll pursuant to the rules of the State Board of Real Property Services, the Assessor shall increase or decrease the amount of such exemption by multiplying the amount of such exemption by the change in level of assessment factor.
The purpose of this article is to further enhance the maximum real property tax exemption available under § 458-a of the Real Property Tax Law to wartime, disabled and combat veterans and their families.
A. 
The maximum exemption allowable to qualifying residential real property exempt from taxation, under § 458-a of the Real Property Tax Law, to the extent of 15% of the assessed value, shall be increased from $21,000 to $27,000.
B. 
The maximum exemption allowable to veterans who served in a combat theater or combat zone of operations, as documented by the award of the United States Campaign Ribbon or Service Medal, under § 458-a of the Real Property Tax Law, is hereby increased from $14,000 to $18,000.
C. 
The maximum exemption allowable, as an additional exemption available to a veteran who has received a compensation rating from a New York veterans organization or the United States Department of Defense because of a service-connected disability, calculated as the product of the assessed value multiplied by 50% of the veteran's disability rating under § 458-a of the Real Property Tax Law, is hereby increased from $70,000 to $90,000.
A. 
Pursuant to the authority of § 458-b(2) of the Real Property Tax Law, as set forth in Chapter 655 of the Laws of 2007, and amendments thereto, qualifying residential real property of Cold War veterans shall be exempt from taxation to the extent of 15% of the assessed value of such property; provided, however, that such exemption shall not exceed $12,000 or the product of $12,000 multiplied by the latest state equalization rate of the assessing unit or, in the case of a special assessing unit, the latest class ratio, whichever is less.
B. 
In addition to any other exemptions provided by this chapter, where the Cold War veteran received a compensation rating from the United States Veterans Affairs or from the United States Department of Defense because of a service-connected disability, qualifying residential real property shall be exempt from taxation to the extent of the product of the assessed value of such property, multiplied by 50% of the Cold War veteran disability rating; provided, however, that such exemption shall not exceed $40,000 or the product of $40,000 multiplied by the latest state equalization rate for the assessing unit or, in the case of a special assessing unit, the latest class ratio, whichever is less.
C. 
For purposes of this § 166-10, "Cold War veteran" is defined as a person, male or female, who served on active duty for a period of more than 365 days in the United States Armed Forces during the time period from September 2, 1945, to December 26, 1991, and was discharged or released therefrom under honorable conditions and has been awarded the Cold War Recognition Certificate as authorized under Public Law 105-85, the 1998 National Defense Authorization Act.
D. 
For purposes of this § 166-10, "active duty" is defined as full-time duty in the United States Armed Forces, other than active duty for training.
E. 
For purposes of this § 166-10, "United States Armed Forces" is defined as the United States Army, Navy, Marine Corps, Air Force and Coast Guard.
A. 
A Gold Star Parent shall be within the definition of a "qualified owner," as provided for in § 458-a(1)(c) of the Real Property Tax Law, and to include property owned by a Gold Star Parent within the definition of "qualifying residential real property," as provided for in § 458-a(1)(d) of the Real Property Tax Law, provided that such property shall be the primary residence of the Gold Star Parent.
B. 
The additional exemption provided for in § 458-a(2)(c) of the Real Property Tax Law shall not apply to real property owned by a Gold Star Parent.