The Town Board hereby finds and determines that § 470 of the Real Property Tax Law (Chapter
188 of the 2012 Laws of the State of New York) authorizes municipalities to provide a real property tax exemption for improvements to real property meeting certification standards for green building.
The Town Board further finds and determines that the Town of
Huntington has historically pursued policies to promote energy efficiency
and reduce greenhouse gas emissions.
The Town Board also determines that the Town of Huntington should
give homeowners and businesses an incentive to comply with LEED standards
when making improvements to their real property.
Therefore, the purpose of this article is to provide a real
property tax exemption for improvements to real property which meet
LEED certifications standards, as authorized under § 470
of the Real Property Tax Law.
This Article implements § 470 of the New York Real
Property Law by granting a real property exemption for improvements
to real property located in the Town of Huntington, which meet LEED
certification standards for green buildings.
If the Assessor is satisfied that the applicant is entitled to an exemption pursuant to this article, he or she shall approve the application and such real property shall thereafter be exempt from taxations as provided in this section and §
178-52, above, commencing with the assessment roll prepared after the next occurring taxable status date. The assessed value of any exemption granted pursuant to this section shall be entered by the Assessor on the assessment roll with the taxable property, with the amount of the exemption shown in a separate column.
This article shall apply to improvements of real property occurring
on or after January 1, 2013.