[Adopted 7-10-2018 by L.L. No. 2-2018]
This article is enacted pursuant to the authority of § 459-c
of the Real Property Tax Law of the State of New York, which authorizes
the Village of Wesley Hills to grant a partial real property tax exemption
to certain persons with disabilities and whose income is limited by
reason of such disability.
As used in this article, the terms "person with a disability"
and "sibling" shall have the meanings set forth in Subdivision 2 of § 458-c
of the Real Property Tax Law.
A.
All real property in the Village of Wesley Hills owned by one or more persons with disabilities, or real property owned by a husband, wife, or both, or by siblings, one of whom has a disability, and whose income is limited by reason of such disability, shall be exempt from taxation by the Village of Wesley Hills to the extent allowed in the schedule contained in § 200-28 hereof.
B.
Any exemption provided shall be computed after all other partial exemptions allowed by law have been subtracted from the total amount assessed; provided, however, that no parcel may receive an exemption from Village taxation pursuant to both this article and Article I of this chapter.
C.
Notwithstanding any other provision of law to the contrary, the provisions
of this article shall apply to real property held in trust solely
for the benefit of a person or persons who would otherwise be eligible
for a real property tax exemption were such person or persons the
owner or owners of such real property.
[Amended 1-3-2023 by L.L. No. 1-2023]
The percentage of assessed valuation of such real property,
as shown on the Village assessment roll, which shall be exempt from
taxation by the Village of Wesley Hills shall be determined from the
following schedule:
|
Annual Income of Applicant or Applicants
|
Percentage of Assessed Valuation Exempt from Taxation
|
|---|---|
|
Less than $50,000
|
50%
|
|
$50,000 but less than $51,000
|
45%
|
|
$51,000 but less than $52,000
|
40%
|
|
$52,000 but less than $53,000
|
35%
|
|
$53,000 but less than $53,900
|
30%
|
|
$53,900 but less than $54,800
|
25%
|
|
$54,800 but less than $55,700
|
20%
|
|
$55,700 but less than $56,600
|
15%
|
|
$56,600 but less than $57,500
|
10%
|
|
$57,500 but less than $58,400
|
5%
|
[Amended 1-3-2023 by L.L. No. 1-2023]
This article shall take effect immediately upon this article
being filed with the Secretary of State and shall apply to assessment
rolls prepared on the basis of taxable status dates occurring on or
after January 1, 2023.
