[Adopted 3-28-2001 by L.L. No. 5-2001 (Ch. 92, Art. III, of the 1975 Code)]
Tax exemptions under this article are provided pursuant to the authority granted under Real Property Tax Law § 458-a and are subject to all the terms and provisions of that section.
The Town of LaGrange will provide veterans, as defined under Real Property Tax Law § 458-a, with a real property tax exemption as authorized under that section.
[Amended 10-26-2005 by L.L. No. 6-2005]
Pursuant to the authority granted under Subdivision 2 of § 458-a of the Real Property Tax Law, the amount of exemption provided under paragraphs (a), (b) and (c) of Subdivision 2 is increased as follows: $27,000, $18,000 and $90,000, respectively. These amounts are subject to reduction pursuant to the terms of Subdivision 2, if the applicable equalization rate is less than 100%.