[Amended 12-9-2002 by L.L. No. 12-2002; 1-26-2004 by L.L. No. 1-2004; 9-25-2006 by L.L. No. 7-2006]
A. The purpose of this article is to grant a partial
exemption from taxation to the maximum extent of 50% of the assessed
valuation of real property owned by persons with disabilities and
low-income ownership status, residency, occupancy and income.
B. To qualify for said exemption, an owner, or owners,
must meet the requirements for persons with disabilities and low-income
ownership status, residency, occupancy and income as set forth in
§ 459-c of the New York State Real Property Tax Law, as
amended from time to time, at the discretion of the Town Board.
[Amended 4-23-2007 by L.L. No. 3-2007; 9-12-2022 by L.L. No. 5-2022]
C. Qualified applicants may deduct from their incomes
all medical and prescription drug expenses that are not reimbursed
or paid by insurance.
D. No exemption shall be granted if the income of the
owner or the combined income of all the owners of property, for the
income tax year immediately preceding the date of making application
for exemption, exceeds the maximum as allowed by Real Property Tax
Law § 459-c, except that, if the aforesaid income is more
than allowed, then such real property shall be exempt to the extent
provided in New York State Real Property Tax Law § 459-c(1)(b).
A copy of this article shall be forwarded to
the Town of Victor Assessor's office, the Clerk of the Ontario County
Board of Supervisors and the Ontario County Real Property Tax Services.