[Adopted 12-4-2007 by L.L. No. 47-2007]
The Town Board of the Town of Huntington wishes
to provide a partial residential real property tax exemption to Cold
War Veterans who served in active duty from September 2, 1945 through
December 26, 1991 as authorized by § 458-b of the Real Property
Tax Law of the State of New York.
For the purpose of this Article the following
words shall have the meanings stated:
Full-time duty in the United States Armed Forces, other than
active duty for training.
The United States Army, Navy, Marine Corps, Air Force and
Coast Guard.
A disability or death which occurred in the line of duty
on active military, naval or air service.
[Amended 11-5-2009 by L.L. No. 20-2009]
To qualify for the Cold War Veterans Exemption,
the following conditions must be satisfied:
(1)
The
applicant must reside in the Town of Huntington;
(2)
The
property must be the primary residence of the applicant;
(3)
The
property must be used exclusively for residential purposes. In the
event any portion of the property is used for non-residential purposes,
such portion shall be subject to taxation.
(4)
The
property must be owned by the Veteran, the spouse of the Veteran,
or the surviving spouse of a deceased Cold War Veteran who has not
remarried; and
(5)
The
Veteran must have been discharged or released under honorable conditions.
A Cold War Veteran receiving the Eligible Funds Veterans Exemption
or the Alternative Veterans Exemption shall not be eligible to receive
the exemption provided in this Article.[1]
[1]
Editor’s Note: Former Subsection (2), providing that
the exemption be granted for a period of 10 years, was repealed 3-20-2018
by L.L. No. 12-2018.
[Amended 11-5-2009 by L.L. No. 20-2009]
(A)
The maximum exemption allowable to qualifying residential
real property exempt from taxation under § 458-b of the
New York State Real Property Tax Law is fifteen (15%) percent of the
assessed value of such property, not to exceed fifty-four thousand
($54,000.) dollars multiplied by the latest State equalization rate
for the Town of Huntington.
(B)
In addition to the exemption provided in paragraph
(A) of this subdivision, 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 fifty (50%) percent of the Cold War Veteran disability
rating, except that such exemption shall not exceed the product of
one hundred eighty thousand ($180,000.) dollars multiplied by the
latest State equalization rate for the Town of Huntington.
