A.
Pursuant to § 458-a of the Real Property Tax Law of the State of New York, the following veterans exemptions shall be in force with the following various exemptions.
[Amended 3-9-2006]
Exemption Category | Percentage of Assessed Valuation Exempt From Taxation | Maximum Amount of Exemption |
|---|---|---|
Wartime veteran | 15% | $27,000 |
Combat zone veteran | 25% | $18,000 |
Disabled veteran | 50% | $90,000 |
B.
The maximum aggregate exemption shall be 75% of the assessed valuation with a maximum of $75,000.