[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.
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.