In the event of full value assessment by the
Town of Hamburg, the amount of veteran's exemption allowed under Real
Property Tax Law § 458 shall, pursuant to Real Property
Tax Law § 458, Subdivision 5, be increased or decreased
in the same proportion as the total assessed value has been increased
or decreased.
[Added 4-14-1997 by L.L. No. 2-1997]
The maximum exemption limits for the alternative
veterans exemption shall be $18,000, $12,000 and $60,000, as set forth
in § 458-a, Subdivision 2(d)(ii), of the New York State
Real Property Tax Law.
The foregoing local law is to take effect immediately
after proper filing, including with the office of the Secretary of
State and the office of the State Comptroller.