This article is adopted pursuant to authority of Real Property Tax Law § 459-c. All definitions, terms and conditions of such statute shall apply to this article.
[Adopted 2-27-2001 by L.L. No. 3-2001]
Real property owned by a person with disabilities whose income is limited by such disabilities, and used as the legal residence of such person, shall be entitled to a partial exemption from taxation to the extent and in accordance with the schedule set forth in § 144-18.
[Amended 8-28-2007 by L.L. No. 7-2008; 2-19-2008 by L.L. No. 3-2008]
Subject to the provisions of the Real Property Tax Law of the State of New York (RPTL), § 459-c, real property owned by a person with disabilities whose income is limited by such disabilities and which property is used as the legal residence of such person shall be exempt from town taxes according to the following schedule:
Exemption | Income Limits Commencing 3-1-2008 |
|---|---|
50% | $27,000 |
45% | $28,000 |
40% | $29,000 |
35% | $30,000 |
30% | $30,900 |
25% | $31,800 |
20% | $32,700 |
15% | $33,600 |
10% | $34,500 |
5% | $35,400 |
Exemption | Income Limits Commencing 3-1-2009 |
|---|---|
50% | $28,000 |
45% | $29,000 |
40% | $30,000 |
35% | $31,000 |
30% | $31,900 |
25% | $32,800 |
20% | $33,700 |
15% | $34,600 |
10% | $35,500 |
5% | $36,400 |
Exemption | Income Limits Commencing 3-1-2010 |
|---|---|
50% | $29,000 |
45% | $30,000 |
40% | $31,000 |
35% | $32,000 |
30% | $32,900 |
25% | $33,800 |
20% | $34,700 |
15% | $35,600 |
10% | $36,500 |
5% | $37,400 |