[Adopted 10-21-2008 by L.L. No. 2-2008]
This article shall be known as the "Cold War
Veterans Exemption Law of the Town of Parma."
It is the purpose and intent of this article
to implement legislation signed into law by the Governor of the State
of New York, § 458-b of the Real Property Tax Law of the
State of New York, and to direct the Town Assessor to grant Cold War
veterans who meet the requirements set forth as provided by § 458-b,
including subdivision 2, paragraphs a(i) and b of Real Property Tax
Law of the State of New York, with a real property tax exemption.
[Amended 11-8-2017 by L.L. No. 4-2017]
The Town Board of the Town of Parma hereby recognizes
that, pursuant to § 458-b(2)(a)(i) of New York Real Property
Tax Law, the exemption for Cold War veterans is hereby adopted to
the extent of 10% of the assessed value of qualifying residential
real property. Pursuant to § 458-b(2)(b) of New York Real
Property Tax Law, the exemption for Cold War veterans with a service-connected
disability is also adopted. This exemption shall apply indefinitely
to all qualifying owners of qualifying real property.
The maximum exemption allowable for each category
of the Cold War veterans exemption shall be as follows:
This article shall take effect immediately and
shall apply to assessment rolls prepared on the basis of taxable status
dates occurring on or after such date.
