[Added 5-22-2001 by L.L. No. 13-2001; amended 10-26-2021 by L.L. No. 6-2021]
A. The maximum tax exemption provided under Real Property Tax Law § 458-a,
Subdivision 2(a), (b) and (c), for the alternative veterans exemption
is increased to the maximum provided therein, which shall be $75,000,
$50,000 and $250,000, respectively. Veterans qualifying for such tax
exemption shall be exempt from taxation by the Village of Scarsdale
to such maximum as permitted by § 458-a, Subdivision 2(d)(ii).
B. In addition, persons meeting the above-described requirements who
own shares in a residential cooperative corporation shall be exempt
from taxation by the Village of Scarsdale to the extent permitted
and pursuant to the terms of § 458-a of the Real Property
Tax Law.