The purpose of this article is to provide an
exemption from real property taxes to all eligible veterans pursuant
to the provisions outlined in § 458-a, Veterans; alternative
exemption, of the Real Property Tax Law of the State of New York.
[Amended 11-19-2001 by L.L. No. 4-2001]
Residential property should be exempt from taxation
pursuant to the provisions of § 458-a of the Real Property
Tax Law as follows:
A. Wartime veteran: 15% of the assessed value, to a maximum
of $27,000.
B. Combat zone veteran: 10% of the assessed value, to
a maximum of $18,000.
C. Disabled veteran: 1/2 of the disability rating multiplied
by the assessed value, to a maximum of $90,000.