Town of Malta, NY
chevron_right
2023-11-13
info
chevron_right
Part II, General Legislation
chevron_right
Chapter 148 Taxation
chevron_right
Article IX Exemption for Living Quarters for Parents and/or Grandparents
- Part I, Administrative Legislation
- Ch 1 General Provisions
- Ch 2 Alternate Members: Planning Board and Zoning Board of Appeals
- Ch 2A Ambulance Squad
- Ch 3 Building and Planning, Department of
- Ch 4 Court
- Ch 5 Defense and Indemnification
- Ch 8 Environmental Board
- Ch 11 Ethics, Code of
- Ch 13 Fire Fighters, Volunteer
- Ch 16 Health, Board of
- Ch 21 Investment Policy
- Ch 26 Local Laws and Ordinances, Adoption of
- Ch 27 Long-Term Debt Policy
- Ch 28 Notification of Information Security Breaches
- Ch 28A Officers and Employees
- Ch 29 Personnel Policies and Workplace Conduct
- Ch 30 Permissive Referenda
- Ch 31 Procurement Policy
- Ch 32 Planning and Zoning
- Ch 38 Tax Collection
- Ch 40 Town Facilities
- Ch 44 Website and Social Media Policies
- Part II, General Legislation
- Ch 46 Alarm Systems
- Ch 49 Alcoholic Beverages
- Ch 52 Animals
- Ch 55 Assemblies
- Ch 60 Premises, Unsafe or Unmaintained
- Ch 65 Burning, Open
- Ch 67 Cannabis
- Ch 70 Driveways
- Ch 72 Driveway Maintenance
- Ch 75 Energy Conservation
- Ch 79 (Reserved)
- Ch 83 (Reserved)
- Ch 84 Fair Housing
- Ch 86 Farming
- Ch 88 Fees and Costs
- Ch 89 Fire Prevention and Building Construction
- Ch 92 Flood Damage Prevention
- Ch 97 Games of Chance
- Ch 104 (Reserved)
- Ch 115 Noise
- Ch 117 Parks
- Ch 119 Peddling and Soliciting
- Ch 120 Portable Storage Units
- Ch 121 Property Maintenance
- Ch 124 Records
- Ch 127 Sewers
- Ch 129 Sex Offenders
- Ch 134 Solid Waste
- Ch 136 Stormwater Management and Erosion and Sediment Control
- Ch 137 Storm Sewers
- Ch 139 Streets and Sidewalks
- Ch 143 Subdivision of Land
- Ch 148 Taxation
- Ch 148 Art IX Exemption for Living Quarters for Parents and/or Grandparents
- § 148-33 Exemption granted; amount.
- § 148-34 through § 148-39. (Reserved)
- Ch 151 Telecommunications Towers
- Ch 158 Vehicles, Off-Highway
- Ch 162 Vehicles and Traffic
- Ch 167 Zoning
- Ch 167A Zoning Appendix
- Disposition List
- Ch DL Disposition List
[Adopted 9-5-2006 by L.L. No. 9-2006]
Pursuant to RPTL § 469, the Town of
Malta shall provide to eligible persons an exemption from taxation
to the extent of any increase in assessed value of residential property
resulting from the construction or reconstruction of such property
for the purpose of providing living quarters for a parent or grandparent,
who is 62 years of age or older. Such exemption shall not exceed:
A.
The increase in assessed value resulting from construction
or reconstruction of such property; or
B.
Twenty percent of the total assessed value of such
property as improved; or
C.
Twenty percent of the median sale price of residential
property as reported in the most recent sales statistical summary
published by the state board for Saratoga County, whichever is less,
subject to the conditions set forth in NYS RPTL § 469.
