[Adopted 12-11-1990 by L.L. No.
6-1990 (Ch. 54, Art. I, of the 1974 Code); amended
in its entirety 10-10-2023 by L.L. No. 6-2023]
The purpose of this article is to adopt for the Town of Geddes
the provisions contained in §§ 467 and 459-c of the
Real Property Tax Law of the State of New York, including amendments
thereto which may be enacted after the effective date of this article
with respect to the granting of a partial exemption from taxation
of real property owned by persons who are either 65 years of age or
over or who are persons with disabilities and limited income.
The meanings of words and expressions as used in this chapter
shall be identical to their meanings as used in RPTL §§ 467
and 459-c, respectively.
A.
Real property owned by persons 65 years of age or over or persons
with disabilities and limited income shall be exempt from taxation
by the Town of Geddes to the extent determined from time to time by
resolution adopted by the Town Board after a public hearing in accordance
with RPTL §§ 467 and/or 459-c, respectively.
B.
Except as stated in this article or by resolution adopted pursuant to Subsection A above, the entitlement to, eligibility for and the procedural requirements for applying for and obtaining said tax exemption shall be as set forth in RPTL §§ 467 and/or 459-c, respectively.
C.
The Town Board shall cause notice of the public hearing required by Subsection A above to be published in the official newspaper of the Town of Geddes not less than 10 nor more than 20 days before the date set for said hearing.
D.
No person who otherwise qualifies for a tax exemption pursuant to §§ 467
and/or 459-c, respectively, of the Real Property Tax Law of the State
of New York and this article shall be denied such exemption if, during
any year after the effective date of this subsection, said person
becomes 65 years of age or becomes a person with disabilities after
the taxable status date and before December 31 of the same year.
E.
In computing the income of owners of property for the purposes of
determining the amount of the exemption to which such owners shall
be entitled under this article, such income shall not include veterans'
disability compensation as defined in Title 38 of the United States
Code.
F.
Notwithstanding any provision of this chapter to the contrary, an
owner of real property who otherwise qualifies for the exemption set
forth in RPTL §§ 467 and/or 459-c, respectively, may
make an application for the exemption to the Town Assessor after the
taxable status date but before July 31 in any year, such late application
to be accompanied by an explanation setting forth good cause for the
owner having failed to submit the exemption application prior to the
annual taxable status date occurring in March of each year. The Assessor
will not unreasonably deny or withhold the grant of the exemption
to owners who otherwise qualify and "good cause" shall be established
for, among other reasons, circumstances where an owner has unintentionally
failed to timely submit their exemption application but would otherwise
qualify for the exemption.
A.
Real property owned by persons 65 years of age or over shall be exempt
from Town taxes according to the following schedule:
|
Exemption
|
Income Limits
|
|---|---|
|
50%
|
$50,000
|
|
45%
|
$50,999.99
|
|
40%
|
$51,999.99
|
|
35%
|
$52,999.99
|
|
30%
|
$53,899.99
|
|
25%
|
$54,799.99
|
|
20%
|
$55,699.99
|
|
15%
|
$56,599.99
|
|
10%
|
$57,499.99
|
|
5%
|
$58,399.99
|
B.
Real property owned by persons with disabilities and limited income
shall be exempt from Town taxes according to the following schedule:
|
Exemption
|
Income Limits
|
|---|---|
|
50%
|
$50,000
|
|
45%
|
$50,999.99
|
|
40%
|
$51,999.99
|
|
35%
|
$52,999.99
|
|
30%
|
$53,899.99
|
|
25%
|
$54,799.99
|
|
20%
|
$55,699.99
|
|
15%
|
$56,599.99
|
|
10%
|
$57,499.99
|
|
5%
|
$58,399.99
|
This article shall take effect immediately and the schedule
of eligibility herein set forth applies to assessment rolls whose
taxable status dates occur on or after March 1, 2023.
