The purpose of this article is to set forth and provide the percentage of the real property tax exemption provided for in § 459-a of the Real Property Tax Law that is effective in the Town of Greenburgh. All definitions, terms and conditions of such statute shall apply to this article.
This article shall hereafter be known and cited as the "Americans with Disabilities Act Exemption."
Real property altered, installed or improved subsequent to the Americans with Disabilities Act of 1990 (P.L. 101-336) for the purpose of removal of architectural barriers for persons with disabilities in existing property shall be exempt from taxation and special ad valorem levies as hereinafter provided.
Such improvements to real property shall be exempt for a period of one year to the extent of 50% of the increase in assessed value thereof attributable to such alteration, installation or improvement. For a period of nine years thereafter, the extent of such exemption shall be decreased by 5% each year as follows:
Year of Exemption
Percent of Exemption
2
45%
3
40%
4
35%
5
30%
6
25%
7
20%
8
15%
9
10%
10
5%
Pursuant to New York Municipal Home Rule Law § 22, the provisions of this article are intended to supersede the provisions of Real Property Tax Law § 459-a to the extent that this article and Real Property Tax Law § 459-a are inconsistent.