[Adopted 6-19-2018 by L.L. No. 2-2018]
The Town of Rye, having previously established a charitable gifts reserve fund to receive unrestricted charitable monetary contributions pursuant to General Municipal Law § 6-U, it is the intent of this article to allow donors to the charitable gifts reserve fund to receive a credit for taxes levied against their real property.
This article is adopted pursuant to Real Property Tax Law § 980-A, which authorizes municipal corporations to adopt a real property tax credit if it has established a charitable gifts reserve fund.
A. 
Having previously established a charitable gifts reserve fund, the Council of the Town of Rye, County of Westchester, hereby establishes a charitable gifts reserve fund tax credit for the Town of Rye.
B. 
Any owner of real property located within the Town who makes an unrestricted charitable monetary contribution to the Town's charitable gifts reserve fund shall be issued a written acknowledgement of such contribution and may claim a credit against their real property tax equal to 95% of the charitable gifts reserve fund donation.
C. 
If an owner submits a credit claim form to the collecting officer prior to the collecting officer's receipt of the tax warrant, the associated property tax bill will be reduced equal to the credit authorized by Subsection B.
D. 
In no event shall a property owner's credit based upon his, her or its contribution to the charitable gifts reserve fund exceed his or her current year Town tax.
It is the intention of the Town of Rye and it is hereby enacted that the provisions of this article shall be included in the Code of the Town of Rye; that the sections and subsections of this article may be renumbered or relettered by the Codifier to accomplish such intention; that the Codifier shall make no substantive changes to this article; that the words "Local Law" shall be changed to "Chapter," "Section" or other appropriate word as required for codification; and that any such rearranging of the numbering and editing shall not affect the validity of this article or the provisions of the Code affected thereby.
If a court determines that any clause, sentence, paragraph, subdivision, or part of this article or the application thereof to any person, firm or corporation, or circumstance is invalid or unconstitutional, the court's order or judgment shall not affect, impair, or invalidate the remainder of this article, but shall be confined in its operation to the clause, sentence, paragraph subdivision, or part of this article or in its application to the person, individual, firm or corporation or circumstance, directly involved in the controversy in which such judgment or order shall be rendered.