City of Hudson, NY
Columbia County
By using eCode360 you agree to be legally bound by the Terms of Use. If you do not agree to the Terms of Use, please do not use eCode360.
Table of Contents
Table of Contents
[Adopted 4-17-2018 by L.L. No. 5-2018]
A. 
In accordance with the provisions of § 458-b of the Real Property Tax Law of the State of New York, residential real property owned by veterans who rendered military service to the United States during the Cold War shall be partially exempt from taxation to the extent of 15% of the assessed value of such real property for City tax purposes; provided however, that such exemption shall in no event exceed $12,000 or the product of $12,000 multiplied by the latest final state equalization rate, whichever is less.
B. 
Moreover, in accordance with the provisions of § 458-b of the Real Property Tax Law of the State of New York, residential real property owned by veterans who rendered military service to the United States during the Cold War and who have been determined to be disabled by the United States Department of Veterans Affairs or the United States Department of Defense shall be partially exempt from taxation to the extent of the product of the assessed value of the real property multiplied by 50% of the Cold War veteran's disability rating; provided, however, that such exemption shall in no event exceed $40,000 or the product of $40,000 multiplied by the latest final state equalization rate, whichever is less.
Such exemption shall not be granted to a Cold War veteran unless the applicant meets the statutory definitions and/or requirements set forth in § 458-b of the Real Property Tax Law of the State of New York.
Pursuant to Real Property Tax Law § 458-b(2)(c)(iii), notwithstanding the ten-year limitation imposed by the foregoing provisions of § 458-b, the exemption shall apply to qualifying owners or qualifying real property for as long as they remain qualifying owners, without regard to such ten-year limitation.
Application for such exemption shall be filed with the Assessor on or before the taxable status date on a form prescribed by the state board.
The sufficiency and adequacy of any such required certifications or proof of residency is left to the discretion of the Assessor of the City of Hudson. All such certifications or documentation shall be in writing and maintained with the Assessor's records for the exemption.