[Adopted 4-26-1984 by L.L. No. 1-1984]
The purpose of this article is to exempt from real property
taxes property owned by certain physically disabled persons, as authorized
by § 459 of the Real Property Tax Law.
An improvement to any real property used solely for residential
purposes as a one-, two- or three-family residence shall be exempt
from taxation to the extent of any increase in value attributable
to such improvement if such improvement is used for the purpose of
facilitating and accommodating the use and accessibility of such real
property by a resident owner of the real property who is physically
disabled or a member of the resident owner's household who is physically
disabled if such member resides in the real property.
Any such real property tax exemption will apply to improvements
constructed on or after January 2, 1984.
This article shall apply to assessment rolls prepared on the
basis of taxable status dates occurring on or after January 2, 1984.
