[Adopted 8-8-1977 as L.L. No. 3-1977]
[Amended 2-13-1984 by L.L. No. 3-1984; 8-1-1996 by L.L. No. 6-1996]
Real property situate in the Village of Fishkill, Dutchess County, New York, owned by one or more persons, each of whom is 65 years of age or over, or real property owned by husband and wife, one of whom is 65 years of age or over, shall be exempt from taxation by the Village of Fishkill to the extent of 50% of the assessed valuation thereof, provided that the income of the owner or the combined income of the owners of the property for the income tax year immediately preceding the date of making application for the exemption shall not exceed the sum of $13,500.
The right to said exemption, the procedures for application therefor and the restrictions and limitations thereon shall be as set forth in § 467 of the Real Property Tax Law of the State of New York, as amended, and as from time to time shall be amended.