[Adopted 5-2-2005 by L.L. No. 4-2005]
[Amended 2-1-2016 by L.L.
No. 1-2016]
This article is adopted pursuant to Real Property
Tax Law § 458-a for the purpose of the maximum exemption
allowable to veterans who own residential real property in the Town
of Liberty. Pursuant to Subdivision 7 of § 458-a of the
Real Property Tax Law of the State of New York, "Gold Star Parent"
shall be included within the definition of "qualified owner" and property
owned by a Gold Star Parent shall be included within the definition
of "qualifying residential real property," provided that such property
shall be the primary residence of the Gold Star Parent.
Notwithstanding the basic statutory maximum
exemptions set forth in Subdivisions 2(a), (b) and (c) of § 458-a
of the Real Property Tax Law, pursuant to the authority provided by
Subdivision 2(d) of § 458-a of the Real Property Tax Law,
the maximum exemptions allowable in the Town of Liberty under Subdivisions
2(a), (b) and (c) of § 458-a of the Real Property Tax Law
are hereby increased to $27,000 (wartime), $18,000 (combat zone) and
$90,000 (disability), respectively.
