[Adopted 4-8-2008 by L.L. No. 1-2008]
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.[1] 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%
[1]
Editor's Note: See Art. IV, Senior Citizens Exemption, above.
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.