[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.