[Adopted 12-2-1997 by L.L. No. 5-1997; amended in its entirety 11-1-2005]
[Amended 6-17-2008 by L.L. No. 2-2008]
A.
As authorized by § 458-a, Subdivision 2, Paragraph (d)(ii)
of the Real Property Tax Law, the maximum exemptions allowable from
this City's real property taxation pursuant to Paragraphs (a), (b)
and (c) of Subdivision 2 of § 458-a shall be $36,000, $24,000
and $120,000 respectively.
B.
As authorized by § 458-b of the Real Property Tax Law,
the City hereby establishes an exemption from taxation for Cold War
veterans to the maximum extent allowed by that section, without regard
to the ten-year limitation set forth in New York State Real Property
Tax Law § 458-b.
[Amended 1-16-2018 by L.L. No. 1-2018]
C.
As authorized by Subdivision 7 of § 458-a of the Real Property
Tax Law, the City of Saratoga Springs hereby provides that a "Gold
Star Parent," as the term is defined in that subdivision, shall be
included in the definition of a "qualified owner," as that term is
used in § 458-a, and that property owned by a Gold Star
Parent shall be included within the definition of "qualified residential
real property" as that term is used in § 458-a, provided
that such property shall be the primary residence of the Gold Star
Parent.
[Added 11-15-2016 by L.L.
No. 1-2016]
This article shall take effect immediately. It shall be filed
in the office of the Secretary of the State of New York.
