[Adopted 4-14-1998 by L.L. No. 5-1998]
The New York State Legislature has recently
enacted Real Property Tax Law § 459-c which authorizes municipalities
to grant real property tax exemptions to those persons who are fully
disabled and who meet other income requirements. The Town Board feels
that this is an appropriate exemption to grant to residents within
the Town of Cortlandt and, as such, does hereby enact this article.
The Town Board of the Town of Cortlandt does
hereby adopt the provisions of § 459-c of the Real Property
Tax Law of the State of New York and does hereby grant to any property
owner within said Town meeting the requirements of said statute the
exemptions granted by said statutes for disabled persons.
A.
The amount of income permissible for such persons
who are disabled to qualify for partial tax exemption on real property
pursuant to New York State legislation shall be as follows:
[Added 1-13-2004 by L.L. No. 1-2004;
amended 1-23-2007 by L.L. No. 1-2007; 7-21-2009 by L.L. No. 4-2009]
(1)
Annual income for 2009. Said exemptions will take effect upon filing of Subsection A with the Secretary of State and shall apply to assessment rolls prepared on the basis of taxable status dates occurring on or after June 1, 2009.
|
Annual Income for 2009
|
Tax Exemption Allowed
|
|---|---|
|
Up to and including $29,000.00
|
50%
|
|
$29,000.01 to $29,999.99
|
45%
|
|
$30,000.00 to $30,999.99
|
40%
|
|
$31,000.00 to $31,999.99
|
35%
|
|
$32,000.00 to $32,899.99
|
30%
|
|
$32,900.00 to $33,799.99
|
25%
|
|
$33,800.00 to $34,699.99
|
20%
|
|
$34,700.00 to $35,599.99
|
15%
|
|
$35,600.00 to $36,499.99
|
10%
|
|
$36,500.00 to $37,399.99
|
05%
|
The Assessor of the Town of Cortlandt be and
hereby is authorized and directed to implement the provisions of Real
Property Tax Law § 459-c and to utilize all exemption claim
forms, etc., and standards as promulgated by the Office of Real Property
Services of the State of New York.
