[Adopted 3-6-2007 by L.L. No. 4-2007]
[Amended 10-3-2017 by L.L. No. 11-2017]
In accordance with the provisions of § 458-b of the Real Property Tax Law of the State of New York, residential real property owned by veterans who rendered military service to the United States during the Cold War shall be exempt from County taxation. The exemption authorized by this section shall apply to qualifying owners of qualifying real property for as long as they remain qualifying owners, without regard to such ten-year limitation contained in RPTL § 458-b.
[Amended 12-1-2009 by L.L. No. 21-2009; 2-7-2017 by L.L. No. 1-2017]
The maximum exemptions allowable from County real property taxation pursuant to § 458-b of the Real Property Tax Law shall be 15% of the property’s assessment, not to exceed $54,000 multiplied by the latest final state equalization rate for service during the Cold War and a percentage of the property’s assessment equal to 1/2 of any service-connected disability rating not to exceed $180,000 multiplied by the latest final state equalization rate.