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Home My WebLink AboutLL 04 of 1990 Increase Partial Tax Exemption for Seniors (t'lease Use Uric Corm for Filing your Local Low with the Secretary of State) Text of law s(rould be given as amended, Do not include natter being elhninated and do not use italics or underlining to indicate new matter. moor............................lthaca............................................................................... Town Local Law No......................4................................of the year 19.20 A local law INCREASING THE PARTIAL TAX EXE14PTION FOR REAL PROPERTY ............................................................................................................................................».. ttn..nua.l OWNED BY PERSONS WITU LIMITED INCOMES WHO ARE 65 YEARS OF ACE OR OVER AND EXTENDING TO THE END OF.THE CALENDAR YEAR THE TIME WITHIN WHICH TO TURN AGE 65 Be it enacted by the ...........................Town. Board....................... .,...............,,.»..,...............................of the .... ....... .. (tion.of L.tblui.e tear) asof..................».....................,....................Itha,ca...........»....,.... .................»...................»............ as follows: Town ....,.. SHCTION 1. The. provisions of Local Law No. 1 of the year 1971 of the Town of Ithaca as amended by Local Law No. 2 of the year 1977, Local Law No. 5 of the year 1980, Local Law No. 2 of the year 1982, Local Law No. 4 of the year 1983, and Local Law No. 2 of the year 1987, are hereby further amended to read as follows: Section 1. This law is enacted pursuant to Section 467 0£ the Real Property Tax Law of the State of New York as amended through Chapter 588 of the Laws of 1989. Section 2. Pursuant to the provisions of Section 467 of the Real Property Tax Law of the State of New York, real property located in the Town of Ithaca, owned by one or more persons, each of wham is 65 years of age or over, or real property owned by husband and wife, one of wham is 65 years of age or over, shall be partially exempt from taxation by said Town for the applicable taxes specified in said Section 467 based upon the income of the owner or combined incomes of the owners. A person otherwise qualifying for such exemption shall not be denied such exemption if such person becomes sixty-five (65) years of age after the appropriate taxable status date and before December 31 of the same year. Such partial exemption shall be to the extent set forth in the schedule following: MET additional space is needed,irlense attach sheets of the some sirs as tlds and number each)'" ANNUAL INCCMmorOWNER PERCENTAGE ASSESSED OR COMBINED ANNUAL INCOME VALUATION EXEMPT OF OWNERS FROM TAXATION Up to $I2,025.00 50% More than ¢12,025.00 but less than $12,625.00 45% $12,625.00 or more but � less than ¢13,225,00 40% | � $13,225.00 or more but less than $I3,825.00 35% $I3,825.00 or more but Iana than $14,425.00 300 $I4,425.00 or more but Ieea than $I5,025.00 25% $15,025.00 or more but leas than $I5,625.00 %OX This partial exemption provided hythis law shall, however, be limited to such property and persons as meet the conditions, qualification, exclusions and limitations set forth in Section 467 of the Real Property Tax Law of the State of New York. This local law shall be administered in accordance with said section of the msol Property Tax Law as now adopted and as itnmybe amended from time to time, and the provisions of said section shall be applicable to the effectuation of the exemption provided for in this local Iaw. Section 3. Application for such exemption must be made by the i ! owner, or all of the owners of the property on forms prescribed by the State Board of Equalization and Aaeeaamnmt of the State of New York (mc any successor agency) to be furnished by the appropriate assessing authority and shall furnish the information and be executed in the manner required or prescribed in such forms, and shall be filed in such assessor's office on or before the appropriate taxable status ! � Section 4. Any conviction of having made any willful � statement of the application for such exemption shall be punishable by . a fine of not more than One oomdzad Dollars ($100,00) and abaII disqualify inaot or applicants from further exemption for a period of five (5) years.| ' This local law shall become effective as oat forth below and shall apply to assessment rolls prepared on the basis of taxable status dates 0000zrim7 on or after maozb l, 1991, with �-, respect to assessment rolls gzsgaznad on the basis of taxable status dates l 1991the partial exemption allowed bazs,oudor shall be limited to qualified properties, to those persons otherwise qualified under, and to the amounts permitted by, Local Law No. I of the year 1971 and its amendments as in effect from time to time prior to the effective date of this local law. SECTION 2, This local law shall take effect twenty days after its enactment or upon its filing with the office of the Secretary of State, whichever is later. Page Iu (Complete Life certification in the paragraph which applies to the filing of this local levy and strike out the matter therein which is not applicable.) 1. (Final adoption by local legislative body only.) 1 hereby certify that the local law annexed hereto,designated as local law No. ......4.........or 19.90„ of dtemoof..........Inh of was duly passed by the..............lown Board Town ......................... {Nemo•of Legteletive Body) Y '� on Aril 9, ..........19 99., in accordance with the applicable provisions of law. 2. (Passage by local legislative body with approval or no disapproval by Elective Chief Executive Officer,* or repassago after disapproval.) I hereby certify that the local law annexed hereto,designated as local law No.....................of 19........ County of the City of......................................was duly passed by theTown {Nemo of Legislative Body) Village not disapproved on..................................................19........ and was approved by the....................,.................................. repassed after disapproval Elective Chief Executive Officer and was deemed duly adopted on........................................................19........ , in accordance with the applicable provisions of law. 3. (Final adoption by referendum.) 1 hereby certify that the local law annexed hereto,designated as local law No................... of 19.......... County of the City of......................................was duly passed by the ...................................................................................... Town (Name of Legislative Body) Village not disapproved on...................................................19........ and was approved by the............................................................... repassed after disapproval Elective Chief Cxecutive officer• on.,.............................I...............I......................19........ Such local law was submitted to the people by reason of a mandatory referendum,and received'tile affirmative vote of a majority of the qualified electors voting permissive general thereon at the special election held on................................................:.....19........, in accordance with the appli- annual cable provisions of law. 4. (Subject to permissive referenduni,and final adoption because no valid petition filed requesting referendum.) 1 hereby certify that the local law annexed hereto,designated as local law No................... of 19.......... County City ..... was duly passed by the. ...................Oil of the Town of............. .,........of Legislative Body) Village not disapproved ..............................19........ and was approved by the...................,.....................................on repassed after disapproval Elective Chief Executive Officer ..............................................................19......... Such local law being subject to a permissive referendum and no valid petition requesting such referendum having been filed, said local law was deemed duly adopted on ............................................................... 19....,..., in accordance with the applicable provisions of law. Meetive Chief Executive Officer meats or includes the chief executive officer of a county elected on a county-wide basis or.If there be none,the chairman of the county legislative body,the mayor of a city or village or the supervisor of a town, where such officer is vested with power to approve or veto local laws or ordinances. Page 2 5. (City local law concerning Charter recision proposed by petition.) I hereby certify that the local lu%r annexed hereto,designated as local law No.....................of 19........ of the City of..........................................................................having been submitted to referendum pursuant to the provisions of§37 of the Municipal home llule Law,and having received the affirmative vote of a majority of the qualified electors of such city voting thereon at the special election held on................... general ................19............became operative. 6. (County local law concerning adoption of Charter.) I hereby certify that the local law annexed hereto,designated as Local Law No.......of 19......of the County of ......................................... State of New York, having been submitted to the Electors at the General Election of November........... 19...........pursuant to subdivisions 5 and 7 of Section 33 of the Muni- cipal !tome Rule Law,and having received the affirmative vote of a majority of the qualified electors of the cities of said county as a unit and of a majority of the qualified electors of the towns of said county considered as a unit voting at said general election,became operative. (if any other authorized form of final adoption has been followed, please provide an appropriate certification.) PW I further certify that.I have compared the preceding local law with the original on file in this office and that the same is a correct transcript therefrom and of Lite whole of such original local law, and was finally adopted in the manner indicated in paragraph..........1.............. above, Town�Clexk n Date; April 10, 1990 (Seal) (Certification to be executed by County Attorney, Corporation Counsel,Town Attorney, Village Attorney or other authorized Attorney of locality.) STATE OF NEW YORK COUNTY OF Tompkins 1, the undersigned, hereby certify that the foregoing local law contains the correct text and that all proper proceedings have been had or taken for the enactment of the local law annexed hereto. ........ .. .......... SIPAture John C. Barney Town Attornev ....... ......... ........................ j Tia* Date: f�/ �)�� Townof........I luo........................................ Page 3