HomeMy WebLinkAboutLL #1 of 2008- Property Tax Exemption- Cold War Veterans.pdfProperty Tax Exemption for Cold War Veterans
The Town of Lansing has enacted new legislation that will provide a real property tax
exemption for Cold War Veterans on their primary residence.
A Cold War Veteran is defined as a veteran who was discharged or released from the US
Armed Forces under honorable conditions and served on active duty between September
2, 1945 and December 26, 1991. This exemption allows for either a 15% or $12,000
(whichever is less) reduction in the taxable value for the Town of Lansing tax purposes
only.
All new applications for this exemption must be filed with the Tompkins County
Department of Assessment by March 1. This exemption does not need to be renewed
each year but the exemption is limited to 10 years.
If a veteran is already receiving the Alternative Veterans Exemption, they can not receive
this exemption as well
The application can be found at: http://www.orps.state.ny.us/ref/forms/pdf/rp458b.pdf