It is the intent of the Town of Bath to adopt an article to
provide a qualified owner of qualifying residential real property
an exemption from taxation to the extent of 15% of the assessed value
of such property, which exemption shall not exceed $6,000 and, in
addition, to provide a disability exemption to the multiple of 50%
of the disability rating, not to exceed $20,000, all as set forth
in § 458-b of the Real Property Tax Law.
A. Pursuant
to Subsection 2(c)(iii) of § 458-b of the New York State
Real Property Tax Law, the exemption authorized shall apply to qualifying
owners of qualifying real property for as long as they remain qualifying
owners, without regard to the ten-year limitation contained therein.
[Added 12-11-2017 by L.L.
No. 3-2017]