[Adopted 5-28-1998 by L.L. No. 3-1998]
This article is adopted pursuant to authority of Real Property Tax Law § 459-c. All definitions, terms and conditions of such statute shall apply to this article.
Real property owned by a person with disabilities, whose income is limited by such disabilities, and used as the legal residence of such person shall be entitled to a partial exemption from taxation to the extent of 50% of assessed valuation.
A. 
To be eligible for the exemption authorized by § 459-c of the Real Property Tax Law, and implemented by this article, the maximum income of such person shall not exceed $17,500.
B. 
Any such persons having a higher income shall be eligible for exemption, in accordance with the following schedule:
Annual Income
Percentage Assessed Valuation Exempt From Taxation
More than $17,500 but less than $18,500
45%
More than $18,500 but less than $19,500
40%
More than $19,500 but less than $20,500
35%
More than $20,500 but less than $21,400
30%
More than $21,400 but less than $22,300
25%
More than $22,300 but less than $23,200
20%
[1]
Editor's Note: Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I).