[Adopted 4-2-2008 by L.L. No. 2-2008]
As used in this article, the following terms
shall have the meanings indicated:
Full-time duty in the United States Armed Forces other than
active duty for training.
The United States Army, Navy, Marine Corps, Air Force, and
Coast Guard.
A person or female, who served on active duty in the United
Stated Armed Forces, during the time period from September 2, 1945,
to December 26, 1991, was discharged or released therefrom under honorable
conditions.
The latest final equalization rate established by the state
board pursuant to Article 12 of Chapter 50-A of the Consolidated Laws.
The latest final class ratio established by the state board
pursuant to Title 1 of Article 12 of Chapter 50-A of the Consolidated
Laws for use in a special assessing unit as defined in § 1801
of Chapter 50-A of the Consolidated Laws.
A Cold War veteran, the spouse of a Cold War veteran, or
the unremarried surviving spouse of a deceased Cold War veteran. Where
property is owned by more than one qualified owner, the exemption
to which each is entitled may be combined. Where a veteran is also
the unremarried surviving spouse of a veteran, such person may also
receive any exemption to which the deceased spouse was entitled.
Property owned by a qualified owner which is used exclusively
for residential purposes; provided, however, that in the event that
any portion of such property is not used exclusively for residential
purposes, but is used for other purposes, such portion shall be subject
to taxation and the only remaining portion used exclusively for residential
purposes shall be subject to the exemption provided by this section.
Such property shall be the primary residence of the Cold War veteran
or the unremarried surviving spouse of a Cold War veteran; unless
the Cold War veteran or unremarried surviving spouse is absent from
the property due to medical reasons or institutionalization for up
to five years.
Means, with respect to disability or death, that such disability
was incurred or aggravated, or that the death resulted from a disability
incurred or aggravated, in line of duty on active military, naval
or air service.
A.
Qualifying residential real property shall be exempt
from taxation to the extent of either:
(1)
Ten percent of the assessed value of such property;
provided, however, that such exemption shall not exceed $8,000 or
the product of $8,000 multiplied by the latest state equalization
rate of the assessing unit, or, in the case of a special assessing
unit, the latest class ratio, whichever is less, or;
(2)
Fifteen percent of the assessed value of such property;
provided however, that such exemption shall not exceed $12,000 or
the product of $12,000 multiplied by the latest state equalization
rate of the assessing unit, or, in the case of a special assessing
unit, the latest class ratio, whichever is less.
B.
In addition to the exemption provided by Subsection A of this section, where the Cold War veteran received a compensation rating from the United States Veterans Affairs or from the United States Department of Defense because of a service-connected disability, qualifying residential real property shall be exempt from taxation to the extent of the product of the assessed value of such property, multiplied by 50% of the Cold War veteran disability rating; provided, however, that such exemption shall not exceed $40,000, or the product of $40,000 multiplied by the latest state equalization rate for the assessing unit, or, in the case of a special assessing unit, the latest class ratio, whichever is less.
C.
Limitations.
(1)
The exemption from taxation provided by this section
shall be applicable to county, city, town, and village taxation, but
shall not be applicable to taxes levied for school purposes.
(2)
If a Cold War veteran receives the exemption under
§ 458 or § 458-a of the Real Property Tax Law,
the Cold War veteran shall not be eligible to receive the exemption
under this section.
(3)
The exemption provided by Subsection A of this section shall be granted for a period of 10 years. The commencement of such ten-year period shall be governed pursuant to this subsection. Where a qualified owner owns qualifying residential real property on the effective date of this article, such ten-year period shall be measured from the assessment roll prepared pursuant to the first taxable status date occurring on or after the effective date of this article. Where a qualified owner does not own qualifying residential real property on the effective date of this article, such ten-year period shall be measured from the assessment roll prepared pursuant to the first taxable status date occurring at least 60 days after the date of purchase of qualifying residential real property; provided, however, that should the veteran apply for and be granted an exemption on the assessment roll prepared pursuant to a taxable status date occurring within 60 days after the date of purchase of residential real property, such ten-year period shall be measured from the first assessment roll in which the exemption occurs. If, before the expiration of such ten-year period, such exempt property is sold and replaced with other residential real property, such exemption may be granted pursuant to this subdivision for the unexpired portion of the ten-year exemption period.
Notwithstanding the foregoing provisions of
this article, any exemption shall be granted pursuant to this section
shall be effective and apply to properties affected by the taxable
status date next occurring at least 90 days following the adoption
of this article.
A.
Application for exemption shall be made by the owner,
or all of the owners, of the property on a form prescribed by the
state board. The owner or owners shall file the completed form in
the assessor's office on or before the first appropriate taxable status
date. The owner or owners of the property shall be required to refile
each year, Applicants shall refile on or before the appropriate taxable
status date.
B.
Any applicant convicted of willfully making any false
statement in the application for such exemption shall be subject to
the penalties prescribed in the Penal Law.
This article may be repealed by the Town Board
of the Town of Evans at any time. Such repeal shall occur at least
90 days prior to the taxable status date of such Town.
