[Adopted 10-19-2015 by L.L. No. 10-2015; amended in its entirety 5-8-2023 by L.L. No. 8-2023]
As used in this article, the following words shall have the meanings indicated:
DISABLED PERSON
A person currently receiving: i) social security disability insurance (SSDI) benefits, ii) supplemental security income (SSI) benefits, iii) disability pension or disability compensation benefits provided by the United States Department of Veterans Affairs, iv) disability pension or disability compensation benefits provided by the United States Postal Service, or v) a person who previously received SSI or SSDI disability benefits and is currently receiving medical assistance benefits based on a determination of disability pursuant to Social Services Law § 366.
A. 
The Village of Croton-on-Hudson hereby adopts the provisions of § 467-b, as amended, of the Real Property Tax Law of the State of New York. Hereinafter, there shall be provided a tax abatement in rent-regulated apartments where the combined income of members of the household containing senior citizens (62 years of age or older) or disabled persons does not exceed $50,000, and provided that, pursuant to § 467-b of the Real Property Tax Law of the State of New York, the benefits of such abatement are passed on to such senior citizens or disabled persons.
B. 
Notwithstanding the foregoing in Subsection A, in the event the maximum allowable incomes established under Real Property Tax Law § 467-b for dwelling units where the head of the household is a person 62 years of age or older or a qualified disabled person is increased or reduced, by operation of law or by action of the State Legislature, to an amount more or less than $50,000, the maximum allowable income under Subsection A shall automatically adjust to said statutorily allowable incomes.