[Adopted 5-6-1997 by L.L. No. 4-1997]
The purpose of this article is to provide for an increase in the maximum exemption allowable for veterans by taking full advantage of the amendment to Subdivision 2, Paragraph (d), Subparagraph (ii), of § 458-a of the New York Real Property Tax Law enacted by Chapter 477 of the 1996 Laws of New York.
[Amended 5-7-2007 by L.L. No. 4-2007]
Pursuant to the provision of Subdivision 2, Paragraph (d), of § 458-a of the Real Property Tax Law of the State of New York, the maximum veterans exemption from real property taxes allowable pursuant to § 458-a of the Real Property Tax Law is established as follows:
A. 
Qualifying residential real property shall be exempt from taxation to the extent of 15% of the assessed value of such property; provided, however, that such exemption shall not exceed the lesser of $36,000 or the product of $36,000 multiplied by the latest applicable state equalization rate.
B. 
In addition to the exemption provided by Subsection A above, where the veteran served in a combat theater or combat zone of operations, as documented by the award of a United States campaign ribbon or service medal, qualifying residential real estate property also shall be exempt from taxation to the extent of 10% of the assessed value of such property; provided, however, that such exemption shall not exceed the lesser of $24,000 or the product of $24,000 multiplied by the latest applicable state equalization rate.
C. 
In addition to the exemptions provided by Subsections A and B above, where the veteran received a compensation rating from the United States Veterans Administration or from the United States Department of Defense because of a service-connected disability, qualifying residential real property shall be exempt from taxation to the extent of the product of the assessed value of such property multiplied by 50% of the veteran's disability rating; provided, however, that such exemption shall not exceed the lesser of $120,000 or the product of $120,000 multiplied by the latest applicable state equalization rate. For purposes of this subsection, where a person who served in the active military, naval or air service during a period of war died in service of a service-connected disability, such person shall be deemed to have been assigned a compensation rating of 100%.
[Added 3-20-2000 by L.L. No. 1-2000]
Application for such exemption must be made by the owner or owners of the property on forms prescribed by the State Board of Real Property Services to be furnished by the Assessor's office of the Town of Manlius and shall be filed in the Town of Manlius Assessor's office.