[Adopted 4-25-1983 by L.L. No. 4-1983; amended in its entirety 3-11-1985 by L.L. No.
2-1985]
A.
Pursuant to the authority granted in Real Property Tax Law § 458,
Subdivision 5(a) thereof, which provides that where the ratio between
the exemption granted to veterans under said § 458 and the
total assessed valuation of real property for which such exemption
has been granted increases or decreases, due only to a full value
assessment in the Town of Orangetown, the amount of exemption heretofore
or hereafter granted may be increased or decreased in the same proportion
as the total assessed valuation has been increased or decreased.
B.
The implementing of a full value assessment program by the Town Board
of the Town of Orangetown authorized the Assessor and the Assessor
is hereby directed to make such proportional adjustment of veterans'
exemption made and provided for in § 458, Subdivision 5(a)
of the Real Property Tax Law.
C.
No application therefor need be filed by or on behalf of any owner
of any eligible property.
D.
The benefits of this law shall commence with the 1986 tax roll.
E.
Gold Star parents. In accordance with the authorization of Chapter
326 of the Laws of 2000 of the State of New York, provide an alternative
veterans exemption to "Gold Star parents," that would include parents
of children who died in the line of duty while serving in the United
States armed forces during a period of war. The Town of Orangetown
makes such parents eligible to receive the basic exemption of 15%
and additional combat zone exemption of 10%. No additional exemption
is provided for service-connected disability on the Gold Star parents'
residences.
[Added 12-18-2000 by L.L. No. 6-2000]
[Added 6-16-1997 by L.L. No. 11-1997; amended 3-27-2006 by L.L. No.
6-2006]
A.
Legislative intent. Section 458-a of the Real Property Tax Law was enacted by the State of New York to permit counties and towns to increase the maximum allowable exemption for wartime, combat and disabled veterans. Initially, the exemption was limited so that veterans whose homes were worth more than $80,000 could not receive the full statutory percentage of the exemption. Municipalities offering the exemption could lower this home-value cap but could not increase it. Thereafter, further changes to Real Property Tax Law § 458-a authorized local municipalities to increase the maximum allowable exemption under § 458-a, Subdivision 2(a), (b) and (c), to $18,000, $12,000 and $60,000, respectively, for wartime, combat and disability veterans, and, more recently, increased those values to still higher levels. Consistent with those more recent changes to § 458-a, it is the intent of this local law to further increase the home value cap applicable to qualified owners of qualifying residential real property in the Town of Orangetown to the amounts set forth in Subsection B below, and to make such increase effective for the 2006 Town assessment roll.
B.
In accordance with the authorization of § 458-a. Subdivision
2(d)(ii), of the Real Property Tax Law, the maximum allowable exemption
of § 458-a, Subdivision 2(a), (b) and (c), of such law is
hereby increased to $54,000 (wartime), $36,000 (combat) and $180,000
(disability), respectively.
[Added 8-17-1998 by L.L. No. 10-1998]
A.
Legislative intent. It is the intent of this section to extend real
property tax exemptions currently enjoyed by veteran homeowners to
those veterans owning shares in cooperative apartments. Sections 458
and 458-a of the Real Property Tax Law were recently amended to extend
the real property tax exemption currently afforded to veterans to
include the percentage of cooperative shares owned by veterans who
live in a co-op apartment corporation for the purpose of granting
said shares tax exempt status. The tax exemption will be credited
by the cooperative apartment co-op against taxes otherwise payable
by the veteran tenant-stockholders and includes those shares/residential
units where the veteran actually lives.
B.
As authorized by Real Property Tax Law §§ 458 and
458-a, as amended by Chapter 171 of the Laws of 1997, the Town of
Orangetown is hereby extending the real property tax exemptions currently
enjoyed by veteran homeowners to those veterans owning shares in cooperative
apartments.
This local law shall take effect upon publishing, posting and
upon filing a copy with the Secretary of State as required by law.
