Town of New Hartford, NY Article VIII Cold War Veterans' Exemption

[Adopted 9-9-2009 by L.L. No. 8-2009]

§ 107-19 Legislative intent.

The intent of this article is to adopt the provisions of § 458-b of the Real Property Tax Law, to provide some limited real property tax relief to those persons who rendered military service to the United States during the Cold War period.

§ 107-20 Statutory authority.

This article is adopted pursuant to the authority of Real Property Tax Law § 466-e.

§ 107-21 Exemption granted; limitations; definitions; eligibility; term.

A. The Town of New Hartford hereby authorizes and enacts an exemption from real property taxation for qualified real property owned by a Cold War veteran or the spouse of such veteran or the unremarried surviving spouse based on 10% of its assessed value, provided that such exemption does not exceed $6,000 or the product of $6,000 multiplied by the latest state equalization rate of the assessing unit, whichever is less.

B. For the purposes of this exemption, the provisions of § 458-b of the New York State Real Property Tax Law, as adopted herein, shall apply to the levy of real property taxes in the Town of New Hartford. Such exemption shall not apply to school taxes, special ad valorem levies or special assessments.

C. Definitions. As used in this article:

COLD WAR VETERAN

A person who served on active duty with the United States Armed Forces during the time period from September 2, 1945, to December 26, 1991, and who was discharged or released therefrom under honorable conditions.

D. To obtain such Cold War veterans exemption, the real property must be the primary residence of the veteran or his unremarried surviving spouse.

E. If a Cold War veteran already receives an eligible funds veterans exemption pursuant to Real Property Tax Law § 458 or an alternative veterans exemption pursuant to the Real Property Tax Law § 458-a, then such veteran may not also receive the Cold War veterans exemption provided for in this article.

F. In the event an eligible veteran has received a service-connected disability rating from the Veterans Administration or the Department of Defense, there shall be an additional exemption which is equal to 1/2 the disability rating, multiplied by the assessed value of the property, provided that such exemption shall not exceed $30,000 or $30,000 multiplied by the latest State equalization rate for the assessing unit, whichever is less.[1]

[1] Editor's Note: Former Subsection G, regarding a time limit on exemptions, which immediately followed this subsection, was repealed 12-19-2018 by L.L. No. 10-2018.