[Adopted 10-21-2008 by L.L. No. 2-2008]
This article shall be known as the "Cold War Veterans Exemption Law of the Town of Parma."
It is the purpose and intent of this article to implement legislation signed into law by the Governor of the State of New York, § 458-b of the Real Property Tax Law of the State of New York, and to direct the Town Assessor to grant Cold War veterans who meet the requirements set forth as provided by § 458-b, including subdivision 2, paragraphs a(i) and b of Real Property Tax Law of the State of New York, with a real property tax exemption.
[Amended 11-8-2017 by L.L. No. 4-2017]
The Town Board of the Town of Parma hereby recognizes that, pursuant to § 458-b(2)(a)(i) of New York Real Property Tax Law, the exemption for Cold War veterans is hereby adopted to the extent of 10% of the assessed value of qualifying residential real property. Pursuant to § 458-b(2)(b) of New York Real Property Tax Law, the exemption for Cold War veterans with a service-connected disability is also adopted. This exemption shall apply indefinitely to all qualifying owners of qualifying real property.
The maximum exemption allowable for each category of the Cold War veterans exemption shall be as follows:
This article shall take effect immediately and shall apply to assessment rolls prepared on the basis of taxable status dates occurring on or after such date.