[Adopted 10-6-1998 by L.L. No. 2-1998]
This article shall hereafter be known and may
be cited as the "Persons With Disabilities and Limited Incomes Tax
Exemption Law of the Town of Irondequoit."
The purpose of this article is to provide a
partial exemption from taxation imposed by the Town of Irondequoit
upon real property situated within the Town of Irondequoit owned by
persons with disabilities whose income is limited by such disabilities,
and used as the legal residence of such persons, pursuant to the authority
vested in the Town by § 459-c of the Real Property Tax Law
of the State of New York, as amended or changed.
Provisions of § 459-c of the Real
Property Tax Law of the State of New York, as amended or changed,
through the effective date of this article, together with any further
acts of the legislature amendatory thereof or supplemental thereto,
shall apply to and govern the determination of the exemption of taxation
permitted by this article to the extent specified in this article
as if such § 459-c had been more particularly set forth
herein and as the same may be determined from time to time by Town
Board resolution.
[Amended 3-21-2000 by L.L. No. 1-2000]
To be eligible for the exemption authorized
by such § 459-c and implemented by this article, the maximum
income of the owner or the combined income of the owners of the real
property from the income tax year immediately preceding the date of
the application for exemption shall not exceed the sum set by the
Town Board, except that if the aforesaid income is more than said
amount set by the Town Board, then such real property shall be exempt
to the extent provided in the schedule on file in the office of the
Town Clerk.
[Added 10-17-2023 by L.L. No. 11-2023]
For purposes of calculating eligibility for and amount of this
exemption, distributions from individual retirement accounts and individual
retirement annuities shall be considered toward income limits.
