[Adopted 2-20-2001 by L.L. No. 6-2001]
A.Â
A partial exemption from taxation to the extent of
50% of assessed valuation of real property which is owned by certain
persons with disabilities, and whose income is limited as hereinafter
set forth by reason of such disability, and who meet the requirements
and definitions as set forth in § 459-c of the New York
State Real Property Tax Law, is hereby granted.
B.Â
The provisions of §§ 459-c(1) through
459-c(9) of the New York State Real Property Tax Law are adopted as
if fully set forth in this article.
[Amended 11-26-2002 by L.L. No. 7-2002; 2-24-2004 by L.L. No. 1-2004; 12-26-2006 by L.L. No. 3-2007]
The maximum income level for the fifty-percent
exemption is established at $26,000. Beginning July 1, 2007, the maximum
income level for the fifty-percent exemption is established at $27,000.
Beginning July 1, 2008, the maximum income level for the fifty-percent
exemption is established at $28,000. Beginning July 1, 2009, the maximum
income level for the fifty-percent exemption is established at $29,000.