[Adopted 3-30-1983 by L.L. No. 2, 1983]
The provisions of the Real Property Tax Law § 1903
concerning homestead base proportions are hereby adopted.
The homestead base proportions shall be established by resolution
of the Town Board of the Town of Orangetown in accordance with the
Rules of the State Board of Equalization and Assessment, and shall
apply to taxes levied on the 1984 final assessment roll and to taxes
levied on subsequent rolls, until this local law shall be repealed.
[Added 3-12-1984 by L.L. No. 4, 1984]
A.
Pursuant to the authority granted by § 339-y, Subdivision
1(d), of the New York State Real Property Law, the provision of Subdivision
1(b) of said section, which provides that condominium units are to
be assessed so that their aggregate value, plus the common interests,
do not exceed the value of the parcel as if assessed as a whole, does
not apply to real property classified within the homestead class in
the Town of Orangetown.
B.
Pursuant to the authority granted by § 581, Subdivision
1(b), of the New York State Real Property Tax Law, the provisions
of Subdivision 1(a) of said section shall not apply to real property
classified within the homestead class in the Town of Orangetown.
C.
The above provisions shall apply to taxes levied on the 1985 final
assessment roll and to taxes levied on subsequent rolls, until this
local law shall be repealed.
This local law shall take effect upon publishing and posting
and upon filing a copy with the Secretary of State as required by
law.
