The purpose of this article is to authorize tax exemptions for improvements
to certain real property for the purpose of accommodating owners who are physically
disabled or members of their household who are physically disabled meeting
the requirements set forth in § 459 of the Real Property Tax Law.
An improvement to any real property in the Town of Corinth used solely
for residential purposes as a one-, two- or three-family residence shall be
exempt from taxation to the extent of any increase in value attributable to
such improvement if such improvement is used for the purpose of facilitating
and accommodating the use and accessibility of such real property by a resident
owner of the real property who is physically disabled, or a member of the
resident owner's household who is physically disabled, if such member resides
in the real property, subject to the following conditions:
A. The individual must meet the qualifications of a physically
disabled person as required by § 459 of the Real Property Tax Law.
B. The owner must complete and file with the Assessor of
his Town an application with the appropriate certified statement of physical
disability or certificate of blindness on or before the taxable status date
of such Town.
C. If granted, the exemption shall continue on the real
property until the improvement ceases to be necessary to facilitate and accommodate
the use and accessibility of the property by the resident who is physically
disabled.