[Adopted 2-15-2006 by L.L. No. 1-2006]
A.
Section 458-a of the Real Property Tax Law authorizes a partial exemption
from real property taxes on qualifying residential real property owned
by veterans, as defined in the Real Property Tax Law.
B.
Subdivision 2(d)(ii) of § 458-a of the Real Property Tax
Law authorizes towns to reduce or increase the maximum exemption allowable
by local law, and in regard to the veterans who own residential real
property within the Town of Highland, it is the intention of the Town
of Highland Town Board to increase the maximum exemption allowable
on Town of Highland properties to reward veterans for their valued
service to our country.
Notwithstanding any of the statutory maximums set forth in Paragraph
2(a), (b) and (c) of § 458-a of the Real Property Tax Law,
pursuant to the authority contained in Paragraph 2(d) of § 458-a
of the Real Property Tax Law, the maximum exemption allowable for
the veterans' real property tax exemptions under Paragraph 2(a),
(b), and (c), in the Town of Highland, shall be increased as follows:
