The Town of Rotterdam hereby includes a Gold Star Parent within
the definition of "qualified owner" of the New York State Real Property
Tax Law § 458-a, as provided in Paragraph (c) of Subdivision
1 of the New York State Real Property Tax Law § 458-a, and
hereby includes property owned by a Gold Star Parent within the definition
of "qualifying residential real property," as provided in Paragraph
(d) of Subdivision 1 of the New York State Real Property Tax Law § 458-a,
provided that such property shall be the primary residence of the
Gold Star Parent in accordance with New York State Real Property Tax
Law § 458-a, Subdivision 7, Paragraph (b).
When a veteran, the spouse of the veteran or unremarried surviving
spouse already receiving an exemption pursuant to this section sells
the property receiving the exemption and purchases property within
Schenectady County, the assessor shall transfer and prorate, for the
remainder of the fiscal year, the exemption received. The prorated
exemption shall be based upon the date the veteran, the spouse of
the veteran or unremarried surviving spouse obtains title to the new
property and shall be calculated by multiplying the tax rate or rates
for each municipal corporation which levied taxes, or for which taxes
were levied, on the appropriate tax roll used for the fiscal year
or years during which the transfer occurred times the previously granted
exempt amount times the fraction of each fiscal year or years remaining
subsequent to the transfer of title. Nothing in this section shall
be construed to remove the requirement that any such veteran, the
spouse of the veteran or unremarried surviving spouse transferring
an exemption pursuant to this subdivision shall reapply for the exemption
authorized pursuant to this section on or before the following taxable
status date, in the event such veteran, the spouse of the veteran
or unremarried surviving spouse wishes to receive the exemption in
future fiscal years.