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 X Cold War Veterans Tax 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 X Cold War Veterans Tax Exemption
- § 521-50 Statement of findings.
- § 521-51 Exemption granted; amount of exemption.
- 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 4-28-2008 by L.L. No. 6-2008]
This Common Council finds that it is appropriate
to reward veterans who served in the Armed Forces of the United States
during time period from September 2, 1945, to December 26, 1991, and
were discharged or released therefrom under honorable conditions (Cold
War veterans) and to take notice of such service by means of an appropriate
tax exemption applicable to properties within the City of Peekskill.
[Amended 3-24-2014 by L.L. No. 1-2014]
A.
Exemption granted.
(1)
Pursuant to the provisions of § 458-b 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 Cold War veterans, upon appropriate
application and qualification for such exemption, pursuant to § 458-b
of the Real Property Tax Law of the State of New York.
(2)
If the Cold War veteran receives the exemption under Article VI of this chapter, entitled "Alternative Veterans Exemption," pursuant to § 458 or § 458-a of the Real Property Tax Law of the State of New York, the Cold War veteran shall not be eligible to receive the exemption under this article.
(3)
To the extent not inconsistent herewith, the Cold War veterans tax
exemption provided for herein shall be administered in accordance
with § 458-b of the Real Property Tax Law of the State of
New York.
B.
Maximum allowable exemptions.
(1)
Pursuant to the provisions of § 458-b(2)(a)(ii) of the
Real Property Tax Law of the State of New York, the exemption allowable
is hereby established at 15% of the assessed value of such property;
provided, however, that such exemption shall not exceed $54,000 or
the product of $54,000 multiplied by the latest state equalization
rate for the City of Peekskill, whichever is less.
(2)
In addition to the exemption provided for in § 521-51B(1) above, where the Cold War veteran received a compensation rating from the United States Veterans Affairs Department or from the United States Department of Defense because of a service-connected disability, an additional exemption shall be available, pursuant to the provisions of § 458-b(2)(b) of the Real Property Tax Law of the State of New York, 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 City of Peekskill, whichever is less.
(3)
The exemption from taxation provided herein shall be applicable to
county and City taxation, but shall not be applicable to taxes levied
for school purposes.
