[Adopted 1-11-1999 by L.L. No. 1-1999]
This article is adopted pursuant to authority
of Real Property Tax Law § 459-c. All definitions, terms
and conditions of such statute shall apply to this article.
[Amended 2-14-2007 by L.L. No. 1-2007; 2-27-2008 by L.L. No. 2-2008]
Pursuant to New York Real Property Tax Law § 459-c(a)(5),
as amended by Chapter 187 of the Laws of 2006, the maximum income
eligibility levels for the exemption for persons with disabilities
shall increase in accordance with the following schedule:
|
Exemption
|
Income Limits by Income Tax Year
| ||
|---|---|---|---|
|
2007
|
2008
|
2009
| |
|
50%
|
$27,000
|
$28,000
|
$29,000
|
|
45%
|
$28,000
|
$29,000
|
$30,000
|
|
40%
|
$29,000
|
$30,000
|
$31,000
|
|
35%
|
$30,000
|
$31,000
|
$32,000
|
|
30%
|
$30,900
|
$31,900
|
$32,900
|
|
25%
|
$31,800
|
$32,800
|
$33,800
|
|
20%
|
$32,700
|
$33,700
|
$34,700
|
|
15%
|
$33,600
|
$34,600
|
$35,600
|
|
10%
|
$34,500
|
$35,500
|
$36,500
|
|
5%
|
$35,400
|
$36,400
|
$37,400
|
[Amended 2-14-2007 by L.L. No. 1-2007; 2-27-2008 by L.L. No. 2-2008]
To be eligible for the exemption authorized
by New York Real Property § 459-c and implemented by this
article, no exemption shall be granted where the maximum income of
such person exceeds $35,400 for 2007 income tax year, $36,400 for
2008 income tax year, and $37,400 for 2009 income tax year.
