[Adopted 11-30-1985 by L.L. No. 5-1985; amended in its entirety 8-21-2008 by L.L. No.
1-2008]
[Amended 2-16-2023 by L.L. No. 1-2023]
A. Effective
immediately, the maximum alternative veterans exemptions permitted
by § 458-a of the Real Property Tax Law are hereby increased
as follows:
(1) The
maximum exemption permitted by § 458-a, Subdivision (2)(a),
is hereby increased to $45,000.
(2) The
maximum exemption permitted by § 458-a, Subdivision (2)(b),
is hereby increased to $75,000; and
(3) The
maximum exemption permitted by § 458-a, Subdivision (2)(c),
is hereby increased to $150,000.
B. Effective
March 1, 2025, The maximum alternative veteran's exemptions permitted
by § 458-a of the Real Property Tax Law are hereby increased
as follows:
(1) The
maximum exemption permitted by § 458-a, Subdivision (2)(a),
is hereby increased to $54,000;
(2) The
maximum exemption permitted by § 458-a, Subdivision (2)(b),
is hereby increased to $90,000; and
(3) The
maximum exemption permitted by § 458-a, Subdivision (2)(c),
is hereby increased to $180,000.
[Added 8-21-2008 by L.L. No. 2-2008; amended 2-16-2023 by L.L. No. 2-2023]
A. Effective
immediately, the Cold War veterans exemption from real property taxes
that is allowed pursuant § 458-b of the Real Property Tax
Law is established in the Town of Amenia as follows:
(1) Qualifying
residential property eligible for an exemption pursuant to § 458-b,
Subdivision 2, of the Real Property Tax Law shall be entitled to receive
an exemption of 15% of the assessed value of such property; provided,
however, that such exemption shall not exceed $45,000 of the product
of $45,000 multiplied by the latest state equalization rate of the
Town of Amenia, whichever is less.
(2) In addition to the exemption provided by the above Subsection
A(1), where the Cold War veteran received a compensation rating from the United States Veterans Affairs or from the United States Department of Defense because of a services-connected disability, qualifying residential real property shall be exempt from taxation to the extent of the product of the assessed value of such property multiplied by 50% of the Cold War veteran disability rating; provided, however, that such exemption shall not exceed $150,000, or the product of $150,000 multiplied by the latest state equalization rate for the assessing unit.
B. Effective
March 1, 2025, the Cold War veterans exemption from real property
taxes that is allowed pursuant to § 458-b of the Real Property
Tax Law is established in the Town of Amenia as follows:
(1) Qualifying
residential property eligible for an exemption pursuant to § 458-b,
Subdivision 2, of the Real Property Tax Law shall be entitled to receive
an exemption of 15% of the assessed value of such property; provided,
however, that such exemption shall not exceed $54,000 of the product
of $54,000 multiplied by the latest state equalization rate of the
Town of Amenia, whichever is less.
(2) In addition to the exemption provided by the above Subsection
B(1), where the Cold War veteran received a compensation rating from the United States Veterans Affairs or from the United States Department of Defense because of a services-connected disability, qualifying residential real property shall be exempt from taxation to the extent of the product of the assessed value of such property multiplied by 50% of the Cold War veteran disability rating; provided, however, that such exemption shall not exceed $ 180,000, or the product of $ 180,000 multiplied by the latest state equalization rate for the assessing unit.