The purpose of this article is to provide real
estate tax relief to persons with disabilities and limited incomes.
This article is enacted pursuant to the provisions
of § 459-c of the Real Property Tax Law of the State of
New York.
This article shall hereafter be known as the
"Real Property Tax Exemption Law for Persons with Disabilities and
Limited Incomes."
Notwithstanding any other provision of law to the contrary, the provisions of this article shall apply to real property held in trust solely for the benefit of a person or persons who would otherwise be eligible for a real property tax exemption, pursuant to §
127-8, were such person or persons the owner or owners of such real property.
In addition to any other penalty provided by
law, any conviction of having made any willful false statement in
any application for real property exemption under this article shall
be punishable by a fine of not more that $100 and shall disqualify
the applicant or applicants from further exemption for a period of
five years.