[Adopted 7-5-1988 by L.L. No. 2-1988 as Ch. 107, Art. V of the 1988 Code]
A. 
This Article provides for the adoption of the alternative veterans exemption from real property taxes in accordance with § 458-a of the Real Property Tax Law.
B. 
The purpose of this Article is to provide for an alternative exemption based on 15% of the assessed valuation.
In addition, where the veteran served in a combat theater or combat zone of operations, qualifying residential real property shall also be exempt from taxation to the extent of 10% of the assessed valuation.
[1]
Editor's Note: Added at time of adoption of Code; see Ch. 1, General Provisions, Art. I.