[Adopted 8-17-2005 by L.L. No. 4-2005 (Ch. 86 of the 1975
Municipal Code)]
Real Property Tax Law § 458-a allows local governments
to liberalize the eligibility requirements of the Alternative Veterans'
Exemption to increase the availability of exemption for homes of veterans.
The maximum exemption allowable under subparagraph (ii) of paragraph
(d) of subdivision 2 of § 458-a, as allowable in paragraphs
(a), (b) and (c) of the said subdivision, shall be $27,000, $18,000
and $90,000, respectively.
An exemption shall be granted to a "Gold Star Parent," meaning
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. Said Gold Star
Parents are included within the definition of a "qualified owner"
as provided in paragraph (c) of subdivision 1 of § 458-a,
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, provided that such property shall be the
primary residence of the Gold Star Parent, as provided by Real Property
Tax Law § 458-a(7)(c). The additional exemption provided
for in paragraph (c) of subdivision 2 of § 458-a shall not
apply to real property owned by a Gold Star Parent.
