[Adopted 2-5-2007 by L.L. No. 3-2007[1]]
[1]
Editor's Note: This local law also repealed former Art. III, Property of Disabled Persons Tax Exemption, adopted 4-1-1985 by L.L. No. 1-1985 (Ch. 76, Art. III, of the 1979 Code).
The purpose of this article is to exempt from real property taxation property owned by certain persons with disabilities and limited incomes as authorized by the New York State Real Property Tax Law.
Real property owned by one or more persons with disabilities, as defined in New York State Real Property Tax Law § 459-c, or owned by a husband, wife, or both, or by siblings, at least one of whom has a disability, and whose income or combined incomes is limited by reason of such disability, shall be exempt from taxes up to a maximum of 50% of assessed valuation, pursuant to a schedule established from time to time by resolution of the Town Board following a public hearing and upon compliance with the provisions of this article for the fiscal year for which an application is filed. For purposes of this section, “sibling” shall mean a brother or sister, whether related through whole blood, half blood or adoption.
[Added 1-8-2024 by L.L. No. 5-2024]
In connection with calculating the income pursuant to Article III of Chapter 128, the following adjustments to income shall apply:
A. 
Any taxable IRA distributions shall not be excluded as income for purposes of this exemption.
B. 
Any nontaxable social security shall not be included as income for purposes of this exemption.