[Adopted 2-8-1999 by L.L.
No. 1-1999]
New York Real Property Tax Law § 459-c authorizes
municipalities to provide a partial real property tax exemption for
real property owned by persons with disabilities whose incomes are
limited by reason of such disabilities.
[Amended 2-12-2001 by L.L. No. 2-2001; 1-27-2003 by L.L. No. 4-2003; 2-9-2004 by L.L. No. 1-2004; 2-26-2007 by L.L. No. 3-2007; 2-11-2008 by L.L. No. 1-2008]
New York Real Property Tax Law § 459-c(1)(b) further
authorizes municipalities to adopt such an exemption to the extent
provided in the following schedule:
|
Income Limits
| |||
|---|---|---|---|
|
Exemption
|
Commencing 3-1-2008
|
Commencing 3-1-2009
|
Commencing 3-1-2010
|
|
50%
|
$27,000
|
$28,000
|
$29,000
|
|
45%
|
$28,000
|
$29,000
|
$30,000
|
|
40%
|
$29,000
|
$30,000
|
$31,000
|
|
35%
|
$30,000
|
$31,000
|
$32,000
|
|
30%
|
$30,900
|
$31,900
|
$32,900
|
|
25%
|
$31,800
|
$32,800
|
$33,800
|
|
20%
|
$32,700
|
$33,700
|
$34,700
|
|
15%
|
$33,600
|
$34,600
|
$35,600
|
|
10%
|
$34,500
|
$35,500
|
$36,500
|
|
5%
|
$35,400
|
$36,400
|
$37,400
|
Subject to the provisions of Real Property Tax Law § 459-c,
a partial real property tax exemption is hereby authorized for property
owned by persons with disabilities whose income is limited by reason
of such disability.
The income eligibility levels for such exemption are hereby established at the maximum amounts authorized by Real Property Tax § 459-c(1)(b), as described in § 245-11 of this article.
