[Adopted 1-9-2024 by L.L. No. 1-2024[1]]
[1]
Editor's Note: This local law also repealed former Art. VI, Partial Exemption for Persons With Disabilities and Limited Incomes, adopted 11-15-2016 by L.L. No. 3-2017.
The purpose of this article is to provide partial relief from municipal real property taxes to qualified resident-applicants who are disabled and with limited income. It is intended to accomplish this purpose in conformity with New York State Real Property Tax Law § 459-c, as amended.
This article is enacted pursuant to § 459-c of the Real Property Tax Law and subject to the conditions set forth therein.
A. 
Residential real property owned and occupied by one or more persons with a disability, or real property owned by a husband and wife or by siblings, at least one of whom has a disability, and whose income is limited by reason of such disability shall be partially exempt from taxation to the extent provided in the following schedule:
Annual Income
Percentage Assessed Valuation Exempt from Taxation
$14,920.01 or less
50%
$14,920.02 to $15,920
45%
$15,920.01 to $16,920
40%
$16,920.01 to $17,920
35%
$17,920.01 to $18,820
30%
$18,820.01 to $19,720
25%
$19,720.01 to $20,620
20%
$20,620.01 to $21,520
15%
$21,520.01 to $22,420
10%
$22,420.01 to $23,320
5%
$23,320.01 or more
0%
B. 
"Income" shall be defined, for the purposes of this exemption, as that defined in § 459-c of the Real Property Tax Law. The Town of Richmond does not allow for the deduction of medical expenses that were not reimbursed or paid for by insurance, distributions received from an individual retirement account or individual retirement annuity shall be considered income, and any social security benefits that were not included in the applicant's federal adjusted gross income shall be considered income.
C. 
Where title is vested in either the husband or the wife, their combined income may not exceed such sum, except where the husband or wife, or ex-husband or ex-wife, is absent from the property due to divorce, legal separation or abandonment, then only the income of the spouse or ex-spouse residing on the property shall be considered and may not exceed such sum.
D. 
Any exemption provided herein shall be computed after all other partial exemptions allowed by state, county or other local laws have been subtracted from the total amount assessed.
Application for such exemption shall 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 Town Assessor, and shall furnish the information and be executed in the manner required or prescribed in such forms, and shall be filed in the Assessor's office on or before the appropriate taxable status date.
Any conviction of having made any willful false statement in the application for such exemption shall be punishable by a fine of not more than $100 and shall disqualify the applicant from further exemption for a period of five years.