The purpose of this article is to allow for a partial tax exemption
for persons with disabilities and limited incomes as set forth in
New York State Real Property Tax Law § 459-c.
Said exemption shall be set in an amount equal to that of the
exemption granted to senior citizens of limited income as defined
in New York State Real Property Tax Law § 467. In keeping with said intent, the levels of exemption are
set forth as follows:
From
|
To Not More Than
|
Percentage of Exemption
|
---|
$0
|
$18,500
|
50%
|
$18,500
|
$19,500
|
45%
|
$19,500
|
$20,500
|
40%
|
$20,500
|
$21,500
|
35%
|
$21,500
|
$22,400
|
30%
|
$22,400
|
$23,300
|
25%
|
$23,300
|
$24,200
|
20%
|
$24,400
|
$25,100
|
15%
|
$25,100
|
$26,000
|
10%
|
This article shall take effect immediately upon filing with
the New York Secretary of State and shall apply to assessment rolls
prepared on the basis of taxable status dates occurring on or after
such date of filing.