[Adopted 9-23-1985 by L.L. No. 3-1985
(Ch. 82 of the 1975 Code)]
[Amended 7-16-2007 by L.L. No. 9-2007]
A.
Pursuant to § 458-a of the Real Property
Tax Law, entitled "Veterans; alternative exemption" (added by Chapter
525 of the Laws of 1984), the Incorporated Village of Williston Park,
in exercise of the option granted by Subdivision 2(d)(ii) of § 458-a,
hereby selects the following as the maximum exemption allowable pursuant
to Subdivision 2(a), (b) and (c) of § 458-a: $54,000, $36,000,
and $180,000, respectively.
[Amended 12-5-2011 by L.L. No. 6-2011]
B.
Cold war
veterans.
[Amended 9-21-2009 by L.L. No. 2-2009; 10-24-2011 by L.L. No. 4-2011]
(1)
Pursuant
to § 458-b of the Real Property Tax Law, entitled "Exemption
for Cold War Veterans," the Incorporated Village of Williston Park,
in exercise of the option granted by Subdivision 2(a) thereof, hereby
selects the following as the maximum exemption allowable pursuant
to Subdivision 2(a)(i): 10% of the assessed value of such property;
provided however, that such exemption shall not exceed $8,000 or the
product of $8,000 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.
[Added 9-21-2009 by L.L. No. 2-2009]
(2)
In addition to the exemption provided by § 201-25B(1), 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 Village or the latest class ratio for the Village, if any, whichever is less.
C.
Pursuant
to Real Property Tax Law § 458-a(8), where a veteran already
receiving an exemption pursuant to Real Property Tax Law § 458-a
in the Village of Williston Park sells the property receiving the
exemption and purchases property within the Village of Williston Park,
the assessor shall transfer and prorate, for the remainder of the
fiscal year, the exemption which the veteran received. The prorated
exemption shall be based upon the date the veteran obtains title to
the new property and shall be calculated by multiplying the tax rate
or rates for the Village of Williston Park, or for which taxes were
levied, on the appropriate tax roll used for the fiscal year or years
during which the transfer occurred times the previously granted exempt
amount times the fraction of each fiscal year or years remaining subsequent
to the transfer of title. Nothing in this section shall be construed
to remove the requirement that any such veteran transferring an exemption
pursuant to this section shall reapply for the exemption authorized
pursuant to this section on or before the following taxable status
date, in the event such veteran wishes to receive the exemption in
future fiscal years.
