[Adopted 9-16-1993; amended in its entirety 5-17-2012 by L.L. No.
3-2012]
Real property owned by one or more persons, each of whom is
65 years of age or over, or real property owned by husband and wife
or by siblings, one of whom is 65 years of age or over, or real property
owned by one or more persons, some of whom qualify under § 467(1)(a)
of the Real Property Tax Law and others of whom qualify under § 459(c)
of the Real Property Tax Law, shall be exempt from taxation by any
municipal corporation in which located, based upon a graduated scale,
with the maximum of 50% of the assessed valuation for persons whose
combined incomes total less than $24,000 to a minimum of 5% of the
assessed valuation for persons whose combined incomes total less than
$32,400. The percentage of exemption shall be as set forth in Real
Property Tax Law § 467(1)(b)(1). For the purposes of this
section, "siblings" shall mean a brother or a sister, whether related
through half-blood, whole blood, or adoption.
Medical and prescription drug expenses actually paid, which were not reimbursed or paid for by insurance, shall not be permitted to be deducted from income received by senior citizens for the purpose of Chapter 154 of the Walworth Town Code, as previously allowed by a resolution adopted February 18, 1999.
[Added 2-16-2017 by L.L.
No. 1-2017[1]]
Pursuant to § 467[8] of the Real Property Tax Law
of New York, and notwithstanding any provision of law to the contrary,
where a renewal application for the exemption authorized by such section
has not been filed on or before the taxable status date, the owner
may, on or before the date for the hearing of complaints, file such
application as if it had been filed on or before the taxable status
date.
