[Adopted 1-24-2005 by L.L. No. 1-2005]
[Amended 12-17-2007 by L.L. No. 10-2007]
The following provisions shall apply to assessment rolls prepared on the basis of taxable status dates occurring on or after January 1, 2008.
All real property in the Incorporated Village of East Hills which is owned by one or more persons who was honorably discharged from the United States Armed Forces and served during wartime, or owned by a veteran(s) who is a recipient of an Armed Forces, Navy or Marine Corps expeditionary medal, shall be entitled to a partial exemption from Village real property taxes to the extent described in § 181-25. Veterans who served in a combat zone and veterans who received service-related disability are entitled to additional exemption amounts.
[Amended 12-17-2007 by L.L. No. 10-2007]
The maximum veterans' exemption from real property taxes allowable pursuant to § 458a of the Real Property Tax Law is established as follows:
A. 
Qualifying residential property shall be exempt from taxation to the extent of 15% of the assessed value of such property; provided, however, that such exemption shall not exceed the lesser of $54,000 or the product of $54,000 multiplied by the latest state equalization rate for the Village of East Hills.
B. 
In addition to the exemption provided in Subsection A, where the veteran served in a combat theater or combat zone of operations as documented by the award of a United States campaign ribbon or service medal, qualifying residential real property also shall be exempt from taxation to the extent of 10% of the assessed value of such property; provided, however, that such exemption shall not exceed the lesser of $36,000 or the product of $36,000 multiplied by the latest state equalization rate for the Village of East Hills.
C. 
In addition to the exemptions provided by Subsections A and B, where the veteran received a compensation rating from the United States Veterans Administration because of a service-connected disability, qualifying residential property shall be exempt from taxation to the extent of the product of the assessed value of the property multiplied by 50% of the veteran's disability rating; provided, however, that such exemption shall not exceed the lesser of $180,000 or the product of $180,000 multiplied by the latest state equalization rate for the Village of East Hills.
Eligibility requirements, including title, residency, occupancy and service, for this exemption shall be in accordance with § 458a of the Real Property Tax Law, as amended.
A verified application for the annual exemption shall be made by the owner or all of the owners of the subject property on forms prescribed by the State Board of Equalization and Assessment, to be furnished upon request by the Village Clerk at Village Hall. In order to qualify for the exemption under this article, the applicant or applicants must meet each and every qualification set forth under the laws of the State of New York and the Incorporated Village of East Hills. Once approved and effective, an applicant does not need to reapply each year to continue to qualify for the exemption, provided that all eligibility requirements are maintained.