The purpose of this article is to allow for a tax exemption
for Village of Island Park Cold War veterans allowable pursuant to
§ 458-b of the Real Property Tax Law of the State of New
York.
Application for exemption shall be made by the owner or all
of the owners of the property on a form prescribed by the State Board
of Real Property Services. The owner or owners shall file the completed
form in the Assessor’s office on or before the first appropriate
taxable status date. The owner or owners of the property shall be
required to refile each year on or before the appropriate taxable
status date. Any applicant convicted of willfully making any false
statements in the application for such exemption shall be subject
to the penalties prescribed in the New York State Penal Law.
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.