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.
[Adopted 8-29-1985 by L.L. No. 7-1985]
[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.