[Adopted 6-16-1983 by L.L. No. 5-1983;
amended in its entirety 8-4-1986 by L.L. No. 7-1986]
Pursuant to the authority granted by §§ 467
and 467-d of the Real Property Tax Law,[1] a partial tax exemption from real property taxation for
certain real property owned by persons 65 years of age or over shall
be effective in the Village of North Haven as to taxes imposed by
the Village of North Haven.
[1]
Editor's Note: Section 467-d of the Real Property
Tax Law was repealed by L. 1985, c. 440, § 3, effective
January 2, 1986.
[Amended 10-6-1986 by L.L. No. 8-1986; 2-5-1991 by L.L. No. 1-1991; 1-5-1993 by L.L. No. 1-1993; 1-3-1995 by L.L. No. 1-1995; 5-7-1996 by L.L. No. 1-1996; 11-2-2009 by L.L. No. 5-2009; 2-15-2023 by L.L. No. 2-2023]
Persons 65 years of age or over owning qualifying
real property in the Village of North Haven shall be eligible for
a tax exemption in the following percentages, provided that said persons
meet the following maximum annual income eligibility requirements:
|
Annual Income
|
Percentage of Assessed Valuation Exemption
from Taxation
|
|
$50,000
|
50%
|
|
$50,001 up to $51,000
|
45%
|
|
$51,001 up to $52,000
|
40%
|
|
$52,001 up to $53,000
|
35%
|
|
$53,001 up to $53,900
|
30%
|
|
$53,901 up to $54,800
|
25%
|
|
$54,801 up to $55,700
|
20%
|
|
$55,701 up to $56,600
|
15%
|
|
$56,601 up to $57,500
|
10%
|
|
$57,501 up to $58,400
|
5%
|
