[Adopted 12-16-1996 by L.L. No. 3-1996; amended in its entirety 3-23-1998 by L.L. No. 2-1998]
The purpose of this article is to implement the authority granted to local taxing jurisdictions by § 458-a of the New York Real Property Tax Law, which authorizes local taxing jurisdictions to increase the alternative veterans exemption to an amount greater than that provided for in the state law.
Terms used in this article shall be subject to the definitions of § 102 of the Real Property Tax Law.
[Amended 2-26-2007 by L.L. No. 2-2007]
The maximum exemptions allowable in Paragraphs (a), (b) and (c) of Subdivision 2 of § 458-a of the New York State Real Property Tax Law are increased to $36,000, $24,000 and $120,000 respectively.
This article shall apply only to all taxes levied by the Town of LaFayette.