The purpose of this article is to adopt a local
law as authorized by § 458-a, Subdivision 2(d)(ii), of the
Real Property Tax Law increasing the veterans alternative exemption
to the maximum allowable by law.
Real Property Tax Law § 458-a, Subdivision
2(d)(ii), authorizes a Town by local law to increase the maximum exemptions
allowable under paragraph (a), (b) and (c) of Subdivision 2 of § 458-a.
The veterans alternative exemption pursuant
to § 458-a, Subdivisions (2)(a), (b) and (c), of the Real
Property Tax Law are hereby increased to the maximum amount of $18,000,
$12,000 and $60,000, respectively.
[Added 2-26-2001 by L.L. No. 4-2001]
A. The purpose of this section is to extend the alternate
veterans' exemptions to Gold Star Parents.
B. The definition of "qualified owner" under Real Property
Tax Law § 458 (a)(1)(c) shall include "Gold Star Parent"
within the definition of § 458(a)(1)(c). "Gold Star Parents"
are defined as a parent or parents whose child or children were killed
in the Line of duty during wartime.