Real Properly Tax Law § 458-b authorizes a limited
exemption from real property taxes for residential real property owned
by veterans who rendered military service to the United States during
the Cold War. In regard to Cold War veterans who own residential real
property within Town of Shandaken, it is the desire of the Shandaken
Town Board to authorize the Cold War veterans exemption and establish
maximum amounts.
In accordance with the provision of § 458-b of the
Real Property Tax Law of the State of New York, residential real property
owned by veterans who rendered military service to the United States
during the Cold War (as said terms are defined in Real Property Tax
Law § 458-b) shall be exempt from Town taxation to the extent
set forth below.
This article shall be effective on the date of filing with the
Secretary of State.