[Adopted 12-23-1985 by L.L. No. 5-1985; amended in its entirety 7-20-1998 by L.L. No.
5-1998 (Ch. 120, Art. V, of the 1987 Code)]
A.
The New York State Legislature has adopted, and the Governor has
signed into law, an amendment to § 458-a of the New York
State Real Property Tax Law in relation to the alternative veterans
exemption and to repeal certain provisions of the Real Property Tax
Law relating thereto.
B.
Pursuant to that bill, Subparagraph (ii) of Paragraph (d) of Subdivision
2 of § 458-a of the New York State Real Property Tax Law
has been amended, effective January 1, 1998, to allow a Village to
adopt a local law to increase the maximum exemption allowable in Paragraphs
(a), (b) and (c) of said subdivision and as it may, from time to time,
be amended.
It is the desire of the Liverpool Village Board to increase
the maximum exemption allowable in said Paragraphs (a), (b) and (c)
to the maximum allowable under said amendment.
This article shall apply to assessment rolls prepared on the
basis of a taxable status date occurring on or after January 1, 1998.
This article shall take effect upon filing in accordance with
the Municipal Home Rule Law and shall repeal Local Law Number 3 of
1996.[1]
[1]
Editor's Note: Reference to "3 of 1996" should apparently
be to "L.L. No. 1-1997," which comprised former Art. V, Alternative
Veterans Exemption, of this chapter.
