[Adopted 6-22-1998 by L.L. No. 5-1998]
This article shall be known and cited as "Town
of Wappinger Local Law No. 5 of 1998," entitled "Partial Tax Exemption
for Real Property Owned by Disabled Persons" and shall provide that
real property owned by one or more persons with disabilities shall
be partially exempt from taxation.
The purpose of providing a partial tax exemption
for real property owned by disabled persons is to provide disabled
property owners of the Town of Wappinger who meet the required guidelines
with the maximum exemption allowable by Real Property Tax Law § 459-c
(effective January 2, 1998).
As used in this article, the following terms
shall have the meanings indicated:
A person with a disability is one who has a physical or mental
impairment, not due to current use of alcohol or illegal drug use,
which substantially limits such person's ability to engage in one
or more major life activities, such as caring for one's self, performing
manual tasks, walking, seeing, hearing, speaking, breathing, learning
and working, and who is certified to receive social security disability
insurance (SSDI) or supplementary security income (SSI) benefits under
the Federal Social Security Act; or who is certified to receive Railroad
Retirement Disability benefits under the Federal Railroad Retirement
Act; or who has received a certificate from the State Commission for
the Blind and Visually Handicapped stating that such person is legally
blind.
A brother or sister, whether related through half blood,
whole blood or adoption.
A.
Real property owned by one or more persons with a
disability or real property owned by a husband, wife, or both, or
by siblings, at least one of whom has a disability, whose income is
hereafter defined, and who is limited by reason of such disability,
shall be exempt from taxation up to a maximum of 50% of the assessed
valuation of said property as hereinafter provided.
B.
The provisions of this article shall apply to real property held in trust solely for the benefit of the person or persons who would otherwise be eligible for a real property tax exemption, pursuant to Subsection A of this section, were such person or persons the owner or owners of such real property.
C.
In order to be eligible for a fifty-percent tax exemption,
the income of the owner or the combined income of the owners of the
property for the income tax year immediately preceding the date of
making the application for exemption shall not and may not exceed
the sum of $24,000. The "income tax year" shall mean the twelve-month
period for which the owner or owners filed a federal personal income
tax return, or if no such return is filed, the preceding calendar
year. Where title is vested in either the husband or the wife, their
combined income may not exceed such income, except if the husband
or the 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.
Such income shall include social security and retirement benefits,
interest, dividends, total gain from the sale or exchange of a capital
asset in the same income tax year, net rental income, salary or earnings,
and the net income from self-employment, but shall not include a return
of capital, gifts or inheritances, or monies earned through employment
in the federal foster grandparent programs, and such income shall
be offset by all medical and prescription drug expenses actually paid
which were not reimbursed or paid for by insurance. In computing net
rental income and net income from self-employment, no depreciation
deduction shall be allowed for the exhaustion or wear and tear of
real or personal property held for the production of income.
[1]
Editor's Note: This local law stated that
it would be applied retroactively from 1-1-2004.
D.
If the income of an eligible property owner or the
combined income of the owners of the property exceeds the sum of $24,000
for the income tax year immediately preceding the date of making the
application for tax exemption, and is not greater than $32,400, said
owner shall be entitled to a partial exemption as follows:
Annual Income
|
Percentage of Assessed Valuation Exempt
From Taxation
| |
---|---|---|
$0 to $24,000.00
|
50%
| |
$24,001.00 to $25,000.00
|
45%
| |
$25,001.00 to $26,000.00
|
40%
| |
$26,001.00 to $27,000.00
|
35%
| |
$27,001.00 to $27,900.00
|
30%
| |
$27,901.00 to $28,800.00
|
25%
| |
$28,801.00 to $29,700.00
|
20%
| |
$29,701.00 to $30,600.00
|
15%
| |
$30,601.00 to $31,500.00
|
10%
| |
$31,501.00 to $32,400.00
|
5%
|
[2]
Editor's Note: This local law stated that
it would be applied retroactively from 1-1-2004.
A.
Any exemption provided by this article shall be computed after all other partial exemptions allowed by law have been subtracted from the total amount assessed; provided, however, that no parcel may receive an exemption pursuant to both this article and that of Article I, Senior Citizens Exemption, adopted pursuant to § 467 of the Real Property Tax Law.
B.
No tax exemption shall be granted unless:
(1)
The property is used exclusively for residential purposes;
provided, however, that in the event any portion of such property
is not so used exclusively for residential uses but is used for other
purposes, such portions shall be subject to taxation, and the remaining
portion only shall be entitled to the exemption provided by this article;
and
(2)
The real property is the legal residence of and is
occupied in whole or in part by the disabled person; except where
the disabled person is absent from the residence while receiving health-related
care as an inpatient of a residential health care facility as defined
in§ 2801 of the Public Health Law, provided that any income
accruing to the person shall be considered income for the purposes
of this section only to the extent that it exceeds the amount paid
by such person or spouse or sibling of such person for care in the
facility.
This article shall take effect immediately upon
adoption and filing with the Secretary of State as provided by the
Municipal Home Rule Law and shall be applied retroactively from January
2, 1998.