The purpose of this article is to modify the
maximum veterans exemption from real property taxes granted pursuant
to § 458-a of the Real Property Tax Law of the State of
New York.
Pursuant to the authority of Real Property Tax
Law § 458-a, Subdivision 2, Subparagraph (d)(ii), the maximum
allowable alternative veterans exemptions shall be:
A. For veterans pursuant to Real Property Tax Law § 458-a,
Subdivision 2(a): $36,000.
B. For combat veterans pursuant to Real Property Tax
Law § 458-a, Subdivision 2(b): $24,000.
C. For veterans with service-related disabilities pursuant
to Real Property Tax Law § 458-a, Subdivision 2(c): $120,000.