Definitions of the terms in this article are
in accordance with those set forth in § 458-b, Subdivision
1(a) through (h), in the New York State Real Property Tax Law.
Pursuant to § 458-b of the Real Property
Tax Law, as amended, qualifying residential property, as defined by
§ 458-b of the Real Property Tax Law, in the Incorporated
Village of Freeport owned by an eligible Cold War veteran shall be
exempt from taxation by the Village to the maximum extent permitted,
and subject to all terms as provided in § 458-b of the Real
Property Tax Law.
This article shall take effect immediately upon
filing with the Secretary of the State of New York.