[Adopted 2-13-2019 by L.L. No. 1-2019]
This article shall be known as the "Cold War Veterans Exemption Law of the Town of Chili."
It is the purpose and intent of this article to implement legislation which allows an exemption for those who served during the Cold War, as set forth by the Real Property Tax Law of New York State, § 458-b.
All applicable provisions of § 458-b of the Real Property Tax Law of New York State, including all subsections, together with any and all appropriate amendments thereto, are hereby approved and adopted as and for law and procedures of the Town of Chili except where provisions of this article or any other local law or ordinance of the Town of Chili shall prescribe differently. In such event, compliance with the provisions of such local law or ordinance shall constitute proper compliance with this article.
The Assessor of the Town of Chili is hereby directed to include the Cold War veterans exemption under § 458-b, of the Real Property Tax Law of New York State to the 10% option, or limit of $8,000 in assessed value (whichever is less) and $40,000 limit on veterans disability. Appropriate adjustments to all Cold War veterans exemptions on the Assessment Roll of the Town of Chili to accurately reflect said allowance.
The Town Board may from time to time amend, supplement, change, modify or repeal this article by resolution, pursuant to the provisions of the Town Law, the General Municipal Law and the Real Property Tax Law of New York State applicable thereto.
This article shall take effect immediately upon the filing with the Secretary of State and shall apply to assessment rolls prepared on the basis of taxable status dates occurring on or after January 1, 2019.