City of Peekskill, NY
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2023-12-11
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The Code
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Part II: General Legislation
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Chapter 521 Taxation
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Article VI Alternative Veterans Exemption
- The Charter
- Ch C Charter
- The Code
- Part I: Administrative Legislation
- Ch 1 General Provisions
- Ch 4 Animal Control Officer
- Ch 7 Assessment Review Board
- Ch 14 Boards and Commissions
- Ch 17 Civilian Complaint Review Board
- Ch 20 Common Council
- Ch 24 Conservation Advisory Council
- Ch 28 Continuity of Government
- Ch 35 Defense and Indemnification
- Ch 42 Eminent Domain
- Ch 48 Ethics
- Ch 62 Greenway Compact
- Ch 68 Historic Preservation Advisory Commission
- Ch 73 Human Relations Commission
- Ch 100 Parking Violations Bureau
- Ch 102 Parks Advisory Board
- Ch 106 Procurement Policy
- Ch 115 Records, Public Access to
- Ch 128 Traffic Violations Bureau
- Ch 133 Videoconferencing
- Ch 137 Volunteer Fire Fighters
- Ch 144 Wicopee Reservoir
- Ch 150 Youth Board
- Part II: General Legislation
- Ch 155 Affordable and Workforce Housing
- Ch 160 Alarm Systems
- Ch 164 Alcoholic Beverages
- Ch 165 Apprenticeship Program for Municipal Construction Contracts
- Ch 169 Artist Lofts
- Ch 174 Auctions and Auctioneers
- Ch 182 Bicycles and In-Line Skates
- Ch 186 Bingo
- Ch 191 Blasting
- Ch 196 (Reserved)
- Ch 202 Building Construction
- Ch 207 Buildings, Numbering of
- Ch 213 Business Hours
- Ch 217 Business Improvement Districts
- Ch 224 (Reserved)
- Ch 230 Commercial Property Maintenance
- Ch 234 Communications Facilities
- Ch 239 Condominium Conversion
- Ch 250 Dogs
- Ch 261 Electrical Standards
- Ch 264 Energy, Sustainable
- Ch 267 Environmental Quality Review
- Ch 275 Fees
- Ch 278 Fire Safety and Property Maintenance
- Ch 281 Fire Limits
- Ch 287 Flood Damage Prevention
- Ch 294 Freshwater Wetlands
- Ch 301 Games of Chance
- Ch 310 Handbills and Posters
- Ch 315 Hazardous Waste Facilities
- Ch 322 Historic and Landmarks Preservation
- Ch 327 Holidays, Observance of
- Ch 332 Housing Standards
- Ch 340 Interest on Accounts Receivable
- Ch 359 Littering
- Ch 365 Local Waterfront Revitalization Program
- Ch 370 (Reserved)
- Ch 385 Newsracks
- Ch 391 Noise
- Ch 400 Off-Track Betting
- Ch 405 Oil- and Gas-Burning Equipment
- Ch 408 Outdoor Smoking
- Ch 412 Parades
- Ch 416 Parks
- Ch 422 Plumbing and Drainage
- Ch 428 Property and Building Nuisance Reform
- Ch 432 Property Defacement
- Ch 435 Property Registration
- Ch 443 Refrigerators, Abandoned
- Ch 449 Riverfront Green
- Ch 457 Septic Tanks
- Ch 462 Sewers
- Ch 465 Shopping Carts
- Ch 468 Signs
- Ch 474 Snow and Ice Removal
- Ch 480 Soil Removal and Excavations
- Ch 485 Solid Waste
- Ch 486 Special Events
- Ch 488 Steep Slope Protection
- Ch 491 Stormwater
- Ch 492 Stormwater Management and Erosion and Sediment Control
- Ch 497 Streams and Watercourses
- Ch 501 Street Acceptance and Dedication
- Ch 505 Streets and Sidewalks
- Ch 510 Subdivision of Land
- Ch 516 (Reserved)
- Ch 521 Taxation
- Ch 521 Art VI Alternative Veterans Exemption
- § 521-20 Statement of findings.
- § 521-21 Exemption granted; effective date.
- Ch 525 Taxicabs
- Ch 530 Tree Preservation
- Ch 538 Utility Poles
- Ch 544 Vehicles, Abandoned
- Ch 548 Vehicles and Traffic
- Ch 553 Vendors and Solicitors
- Ch 560 Water
- Ch 575 Zoning
- Appendix
- Ch A600 Cable Television Franchise
- Ch A601 Fire Department Rules
- Ch A602 Police Department Rules and Regulations
- Ch A603 Park Rules
- Derivation Table
- Ch DT Derivation Table
- Disposition List
- Ch DL Disposition List
[Adopted 8-24-1992 by L.L. No. 1-1992 (Ch.
281, Art. IV of the 1984 Code)[1]]
[1]
Editor's Note: This local law also repealed
former Art. IV, Alternative Veterans Exemption, adopted 2-11-1985
by L.L. No. 1-1985.
This Common Council finds that it is appropriate
to reward veterans who served in the Armed Forces of the United States
during times of armed conflict and to take notice of such service
by means of an appropriate tax credit applicable to properties within
the City of Peekskill.
[Amended 5-27-1997 by L.L. No. 3-1997; 12-27-2005 by L.L. No.
18-2005; 3-24-2014 by L.L. No. 1-2014]
A.
Pursuant to the provisions of § 458-a of the Real Property
Tax Law of the State of New York, the City hereby grants and adopts
a tax exemption to be made available to veterans, upon appropriate
application and qualification for such exemption, pursuant to § 458-a
of the Real Property Tax Law of the State of New York.
B.
Maximum allowable exemptions.
(1)
This Common Council finds that increasing the allowable exemptions
to veterans to the maximum optional amount, and thereby effectively
increasing the cap upon the value of qualifying real property, would
afford relief to veterans coping with the ever-increasing costs of
home ownership in Westchester County.
(2)
Pursuant to the provisions of § 458-a(2)(a) and § 458-a(2)(d)(ii)
of the Real Property Tax Law of the State of New York, a qualified
residential parcel shall be exempt from taxation to the extent of
15% of its assessed value or $54,000 multiplied by the applicable
equalization rate, whichever is less; for eligible combat veterans,
a qualifying residential parcel also shall be exempt from taxation
to the extent of an additional 10% of its assessed value or $36,000,
multiplied by the applicable equalization rate, whichever is less;
for a veteran who has received a service-connected disability rating
from the Veterans' Administration or the Department of Defense,
a qualifying residential property shall be exempt from taxation for
an additional exemption which is equal to 1/2 of the disability rating
multiplied by the assessed value of the property or $180,000 multiplied
by the applicable equalization rate, whichever is less.
C.
This article shall be effective as of October 24, 1992, and shall
apply to City tax periods commencing on or after April 1, 2014.
