Village of North Collins, NY Article IV Alternative Veterans Exemption

[Adopted 7-5-1988 by L.L. No. 2-1988 as Ch. 107, Art. V of the 1988 Code]

§ 162-19 Exemption granted; amount.

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.

§ 162-20 Combat veterans. [1]

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.