HomeMy WebLinkAboutLL 02 of 2009 Tax Exemption Senior Citizens.docTOWN OF ITHACA
LOCAL LAW NO. 2 OF THE YEAR 2009
A LOCAL LAW AMENDING CHAPTER 239 OF THE TOWN OF ITHACA CODE,
TITLED "TAXATION," REGARDING SENIOR CITIZENS EXEMPTION
Be it enacted by the Town Board of the Town of Ithaca as follows:
Section 2. Chapter 239 (Taxation), Article I (Senior Citizens Exemption) of
the Town of Ithaca Code, Section 239-2A, titled "Grant of exemption" is amended by
deleting the income/exempt percentage schedule in subparagraph A and replacing it with
the following income/exempt percentage schedule:
Annual Income of Owner or
Combined Annual Income
of Owners
Up to and including $28,000
More than $28,000 but less than $29,000
$29,000 or more but less than $30,000
$30,000 or more but less than $31,000
$31,000 or more but less than $31,900
$31,900 or more but less than $32,800
$32,800 or more but less than $33,700
$33,700 or more but less than $34,600
$34,600 or more but less than $35,500
$35,500 or more but less than $36,400
Percentage Assessed Valuation
Exempt From Taxation
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%"
Section 3. Chapter 239 (Taxation), Article I (Senior Citizens Exemption) of
the Town of Ithaca Code, Section 239-5, titled "When effective" is amended by replacing
the two references to "2008" with "2009" so that this section reads as follows:
"The schedule in § 239-2A shall apply to assessment rolls prepared on the basis of
taxable status dates occurring on or after March 1, 2009. With respect to
assessment rolls prepared on the basis of taxable status dates prior to March 1,
2009, the partial exemption allowed by the Town of Ithaca shall be limited to
qualified properties, to those persons otherwise qualified under, and to the
amounts permitted by, the applicable Town of Ithaca local laws in effect on the
relevant taxable status date."
Section 4. If any provision of this local law is found invalid by any court of
competent jurisdiction, such invalidity shall not affect any other provisions of this local
law, which shall remain in full force and effect.
Section 5. This local law shall take effect immediately upon filing with the
Secretary of State of the State of New York.
December 12, 2008 1