[Adopted 3-28-1973; amended in its entirety 2-18-2008 by L.L. No. 1-2008]
[Amended 4-6-2011 by L.L. No. 2-2011; 2-1-2023 by L.L. No. 1-2023]
In accordance with § 467 of the Real Property Tax Law, property owners over 65 years of age who are owners of real property used exclusively for residential purposes may be exempt from Town real property taxes, The Town desires to provide such exemption in accordance with 110 Attachment 4 if said owners fulfill certain qualifications, including a limited income of the owner or the combined income of owners of real property which does not exceed a maximum income limit as set forth in RPTL § 467.
[Amended 2-1-2023 by L.L. No. 1-2023]
The Town hereby adopts the sliding scale option set forth in 110 Attachment 4.
In addition to the minimum income limits set forth in §§ 110-1 and 110-2 of this article, no owner or owners shall be eligible for an exemption under this article unless such owner or owners qualify for an exemption pursuant to the conditions and requirements set forth in § 467 of the Real Property Tax Law. All terms, definitions and conditions of § 467 of the Real Property Tax Law shall apply to this article.
A. 
Application for such exemption must be made by the owner or all of the owners of the property on forms prescribed by the State Board, to be furnished by the appropriate assessing authority, and shall furnish the information and be executed in the manner required or prescribed in such forms and shall be filed in such assessor's office on or before the appropriate taxable status date.
B. 
At least 60 days prior to the appropriate taxable status date, the assessing authority shall mail to each person who was granted exemption pursuant to this article on the latest completed assessment roll an application form and a notice that such application must be filed on or before the taxable status date and be approved in order for the exemption to be granted. Failure to mail any such application form and notice or the failure of such person to receive the same shall not prevent the levy, collection and enforcement of the payment of the taxes on the property owned by such person.
Any conviction of having made any willfully false statement in the application for such exemption shall be punishable by a fine of not more than $100 and shall disqualify the applicant or applicants from further exemption for a period of five years.