[Adopted 2-20-2018 by L.L. No. 1-2018]
A.
For Cold
War veterans not having a service-connected disability, each qualified
veteran being an owner of qualifying residential real property shall
receive an exemption on such qualifying residential real property
equal to 15% of the assessed value up to an assessed value of $180,000
of such property.
B.
Cold War veterans receiving a compensation rating from the United States Department of Veterans Affairs or from the United States Department of Defense because of a service-connected disability, being an owner of qualifying residential real estate in addition to the benefits received under Subsection A above, shall receive an exemption on such qualifying residential real property equal to the product of the assessed value up to $180,000 in assessed value of such qualified residential real property multiplied by 50% of the Cold War veteran disability rating.
