[Adopted 12-30-1996 by L.L. No. 6-1996]
The purpose of this article is to establish
the veterans exemption pursuant to § 458-a of the Real Property
Tax Law of the State of New York.
[Amended 2-8-2006 by L.L. No. 1-2006]
Pursuant to the provisions of Subdivision 2(d)
of § 458-a of the Real Property Tax Law of the State of
New York, the veterans exemption from real property taxes pursuant
to § 458-a of the Real Property Tax Law is established as
follows:
A.
Qualifying residential real property shall be exempt
from taxation to the extent of 15% of the assessed value of such property;
provided, however, that such exemption shall not exceed the lesser
of $36,000 or the product of $36,000 multiplied by the latest state
equalization rate for the Town of Rush.
B.
In addition to the exemption provided by Subsection A of this section, where the veteran served in a combat theater or combat zone of operations, as documented by the award of a United States campaign ribbon or service medal, qualifying residential real property also shall be exempt from taxation to the extent of 10% of the assessed value of such property; provided, however, that such exemption shall not exceed the lesser of $24,000 or the product of $24,000 multiplied by the latest state equalization rate for the Town of Rush.
C.
In addition to the exemptions provided by Subsections A and B of this section, where the veteran received a compensation rating from the United States Veterans Administration because of a service connected disability, qualifying residential real property shall be exempt from taxation to the extent of the product of the assessed value of such property multiplied by 50% of the veteran's disability rating; provided, however, that such exemption shall not exceed the lesser of $120,000 or the product of $120,000 multiplied by the latest state equalization rate for the Town of Rush.
[Added 2-13-2008 by L.L. No. 4-2008]
A.
Pursuant to the authority granted by § 458-b of the Real
Property Tax Law, real property in the Town of Rush which meets the
requirements for "qualified residential real property" as defined
in said section shall be exempt from taxation by the Town of Rush
to the extent authorized therein, and such exemption shall apply to
qualifying owners of qualifying real property without regard to the
ten-year limitation imposed by said section, subject to the following
maximum exemption.
[Amended 11-22-2017 by L.L. No. 2-2017]
B.
Qualified residential real property shall be exempt
from taxation by the Town of Rush to the extent of 10% of the assessed
value of such property; provided, however, that such exemption shall
not exceed $8,000. In addition, where a Cold War veteran received
compensation from the United States Department of Veteran’s
Affairs or from the United States Department of Defense because of
a service-related disability, qualifying residential real property
shall be exempt from taxation to the extent of the product of the
assessed value of such property multiplied by 50% of the Cold War
veteran disability rating, as set forth in § 458-b of the
Real Property Tax Law; provided, however, that such exemption shall
not exceed $40,000.
C.
Such exemption shall be granted only upon application
by the owner(s) of such real property on a form prescribed by the
State Board of Real Property Services. The application shall be filed
with the Town Assessor on or before the first appropriate taxable
status date for the Town of Rush.
D.
The Town Board may, from time to time, amend, supplement,
change, modify or repeal this section pursuant to the provisions of
the Town Law, the General Municipal Law, and the Real Property Tax
Law of New York State applicable thereto.
