[Adopted 6-16-1998 by L.L. No. 2-1998]
The Town of Oyster Bay grants exemption from taxation pursuant to and in accordance with § 459-c, Persons with disabilities and limited income, of the Real Property Tax Law of the State of New York, as amended.
No exemption provided for in § 209-20 shall be granted if the income of the owner or the combined incomes of the owners of the property involved exceeds that sum allowable under § 459-c of the Real Property Tax Law of the State of New York, as amended.
This article shall take effect July 1, 1998, and shall apply to assessment rolls prepared on the basis of taxable status occurring on or after such date.