Section 458-a of the Real Property Tax Law was amended in 2015
to permit counties, cities, towns, villages and school districts and
towns to increase the maximum allowable exemption for war-time combat
and disabled veterans. That amendment to the law would allow Rockland
County to increase the home value cap for Rockland County up to $250,000.
It is the intent of this article to accept the option that the state
permits to increase the veterans tax exemption to $250,000.
As authorized by Subparagraph (ii) of Paragraph (d) of Subdivision
2 of § 458-a of the Real Property Tax Law, as added by Chapter
525 of the Laws of 1984 and amended by Chapter 477 of the Laws of
1996, and Chapter 256 of the Laws of 2005, the County of Rockland
is hereby increasing the maximum exemption allowable in Paragraphs
(a), (b) and (c) of Subdivision 2 to $75,000, $50,000 and $250,000,
respectively.