[HISTORY: Adopted by the Town Board of the
Town of Pendleton as indicated in article histories. Amendments noted
where applicable.]
[Adopted 12-3-1996 by L.L. No. 1-1997[1] ]
[1]
Editor's Note: This local law superseded former
Art. I, Business Investment Exemption, adopted 6-5-1984 by L.L. No.
1-1984, as amended.
[Adopted 1-9-2017 by L.L. No. 1-2017[1]]
[1]
Editor's Note: This local law superseded former
Art. II, Senior Citizen Exemption, adopted 4-3-2007 by L.L. No. 1-2007,
and provided an effective date of 1-1-2017.
Real property owned by one or more persons, each of whom is
65 years of age or over, or real property owned by husband and wife,
or by siblings, one of whom is 65 years of age or over, shall be exempt
from taxation for Town of Pendleton purposes to the extent as provided
in the following schedule:
Exemption
|
Annual Income Level
|
---|---|
50%
|
Less than: $21,000
|
45%
|
$21,000 to $21,999.99
|
40%
|
$22,000 to $22,999.99
|
35%
|
$23,000 to $23,999.99
|
30%
|
$24,000 to $24,899.99
|
25%
|
$24,900 to $25,799.99
|
20%
|
$25,800 to $26,699.99
|
15%
|
$26,700 to $27,599.99
|
10%
|
$27,600 to $28,499.99
|
Any person otherwise qualifying under this section shall not
be denied the exemption under this section if he becomes 65 years
of age after the appropriate taxable status date and on or before
December 31 of the same year.