[Adopted 12-15-2008 by L.L. No. 9-2008[1]]
[1]
Editor’s Note: Local Law No. 2-2018, adopted 3-5-2018,
made permanent the Cold War veterans exemption which, per § 458-b
of the Real Property Tax Law, authorizes a limited exemption from
real property taxes for real property owned by persons who rendered
military service to the United States during the Cold War (September
2, 1945 to December 26, 1991).
Pursuant to the authority granted by § 458-b of the
Real Property Tax Law, real property in the Village of Brockport which
meets the requirements for qualified residential real property shall
be exempt from taxation by the Village of Brockport to the extent
authorized therein, subject to the following maximum exemption.
Qualified residential real property shall be exempt from taxation
by the Village of Brockport to the extent of 10% of the assessed value
of such property; provided, however, that such exemption shall not
exceed $8,000. In addition, where a Cold War veteran received compensation
from the United States Veterans Affairs or from the United States
Department of Defense because of a service-related disability, qualifying
residential rental property shall be exempt from taxation to the extent
of the product of the assessed value of such property multiplied by
50% of the Cold War veteran disability rating; provided, however,
that such exemption shall not exceed $40,000.
Such exemption shall be granted only upon application by the
owners of such real property on a form prescribed by the State Board
of Real Property Services. The application shall be filed with the
Assessor on or before the first appropriate taxable status date.
The Village Board may, from time to time, amend, supplement,
change, modify or repeal this article pursuant to the provisions of
Municipal Home Rule Law and the Real Property Tax Law of New York
State applicable thereto.
