[Adopted 1-22-1985 by L.L. No. 1-1985]
The purpose of this article is to reduce in
the Town of Williamson the maximum veterans' exemption allowable pursuant
to § 458-a of the Real Property Tax Law of the State of
New York.
[Amended 1-24-1995 by L.L. No. 1-1995; 6-12-2001 by L.L. No. 2-2001]
Pursuant to the provisions of Subdivision 2(d)
of § 458-a of the Real Property Tax Law of the State of
New York, the maximum veterans exemption from real property taxes
allowable pursuant to § 458-a of the Real Property Tax Law
is established as follows:
A.
Qualifying residential real property 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 the lesser
of $6,000 or the product of $6,000 multiplied by the latest state
equalization rate for the Town of Williamson.
B.
In addition to the exemption provided by Subsection A of this section, where the veteran served in a combat theater or combat zone of operations, as documented by the award of a United States campaign ribbon or service medal, qualifying residential real property shall be exempt from taxation to the extent of 10% of the assessed value of such property; provided, however, that such exemption shall not exceed the lesser of $4,000 or the product of $4,000 multiplied by the latest state equalization rate for the Town of Williamson.
C.
In addition to the exemptions provided by Subsections A and B of this section, where the veteran received a compensation rating from the United States Veterans Administration 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 veteran's disability rating; provided, however, that such exemption shall not exceed the lesser of $20,000 or the product of $20,000 multiplied by the latest state equalization rate for the Town of Williamson.
D.
Pursuant to the provisions of Subdivision 7(a) of
§ 458-a of the Real Property Tax Law of the State of New
York, a "Gold Star Parent," for purposes of this article, shall mean
the parent of a child who died in the line of duty while serving in
the United States Armed Forces during a period of war.
E.
A Gold Star Parent shall be included within the definition
of "qualified owner" as provided in Paragraph (c) of Subdivision 1
of the § 458-a of the Real Property Tax Law of the State
of New York. Property owned by a Gold Star Parent shall be included
within the definition of "qualifying residential real property" as
provided in Paragraph (D) of Subdivision 1 of § 458-a of
the Real Property Tax Law of the State of New York, provided that
such property shall be the primary residence of the Gold Star Parent.
F.
The additional exemption provided for in Paragraph
(c) of Subdivision 2 of § 458-a of the Real Property Tax
Law of the State of New York shall not apply to real property owned
by a Gold Star Parent.
G.
Reference should be made to § 458-a of the
Real Property Tax Law of the State of New York for definitions and
other procedures.
[Added 2-28-1995 by L.L. No. 2-1995]
Notwithstanding the provisions of Subdivisions 1 and 2 of § 458 of the Real Property Tax Law and in accordance with Subdivision 5(a) thereof, as amended by Chapter 410 of the Laws of 1994, if the total assessed value of the real property for which an exemption has been granted pursuant to § 156-3 of this article increases or decreases as the result of a revaluation or update of assessments and a material change in the level of assessment as provided in Title 2 of Article 12 of the Real Property Tax Law 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 such change in level of assessment. If the Assessor receives the certification after the completion, verification and filing of the final assessment roll, the Assessor shall certify the amount of exemption as recomputed pursuant to this section to the local officers having custody and control of the roll, and such local officers are hereby directed and authorized to enter the recomputed exemption certified by the Assessor on the roll.
[Added 2-28-1995 by L.L. No. 2-1995]
Notwithstanding the provisions of Subdivision
6(b) of § 458 of the Real Property Tax Law and in accordance
with Subdivision 5(b) thereof, as amended by Chapter 410 of the Laws
of 1994, an owner of property who previously received an exemption
pursuant to § 458 but who opted instead to receive exemption
pursuant to § 458-a may again receive an exemption pursuant
to § 458 upon application by the owner within one year of
the adoption of this section. The Assessor shall recompute all exemptions
granted pursuant to § 458 by multiplying the amount of each
such exemption by the cumulative change in level of assessment certified
by the State Board of Real Property Services measured from the assessment
roll immediately preceding the assessment roll on which exemptions
were first granted pursuant to § 458-a; provided, however,
that if an exemption pursuant to § 458 was initially granted
to a parcel on a later assessment roll, the cumulative change in level
factor to be used in recomputing that exemption shall be measured
from the assessment roll immediately preceding the assessment roll
on which that exemption was initially granted. No refunds or retroactive
entitlements shall be granted.
