[Adopted 1-14-2008 by L.L. No. 1-2008]
The New York State Legislature has amended the real property
tax law, in relation to increasing the alternative veterans exemption.
Pursuant to that bill, Subparagraph (ii) of Paragraph (d) of Subdivision
2 of § 458-a of the New York State Real Property Tax Law
has been amended to allow a Town to adopt a local law to increase
the maximum exemption allowable in Paragraphs (a), (b) and (c) of
said subdivision.
It is the desire of the Town Board of the Town of Marcellus
to adopt the alternative veterans exemption and increase the maximum
exemption allowable in said paragraphs (a), (b) and (c) to $36,600,
$24,000 and $120,000, respectively.
This article shall apply to assessment rolls prepared on the
basis of a taxable status date occurring on or after January 1, 2008.
