[Adopted 1-18-2012 by L.L. No. 1-2012]
The purpose of this article is to giant a partial exemption from taxation in accordance with Real Property Tax Law § 458-b for certain Cold War veterans who otherwise meet the criteria for such exemption.
Section 458-b, Subdivision 2(a)(i) and (b), of the Real Property Tax Law is hereby adopted and enacted for Town of Union taxes as levied in the Town of Union wherein the maximum exemption allowable shall be $4,000 for the provisions of § 458-b(2)(a)(i) and $20,000 for the provisions of § 458-b2(b), all in accordance with the provisions of § 458-b2(c)(iii) of the Real Property Tax Law.