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HomeMy WebLinkAboutLL 02 of 2007 Tax Exemption Disabilities.doc TOWN OF ITHACA LOCAL LAW NO. 2 OF THE YEAR 2007 A LOCAL LAW AMENDING CHAPTER 239 OF THE TOWN OF ITHACA CODE, TITLED “TAXATION,” REGARDING EXEMPTION FOR CERTAIN DISABLED PERSONS WITH LIMITED INCOMES Be it enacted by the Town Board of the Town of Ithaca as follows: Section 1. Chapter 239 (Taxation), Article IV (Exemption for Certain Disabled Persons With Limited Incomes) of the Town of Ithaca Code, Section 239-11, titled “Statutory authority” is amended by deleting the phrase “Chapter 462 of the Laws of 2003” and replacing it with the phrase “Chapter 531 of the Laws of 2006”, so that this section reads as follows: “This article is enacted pursuant to § 459-c of the Real Property Tax Law of the State of New York as amended through Chapter 531 of the Laws of 2006.” Section 2. Chapter 239 (Taxation), Article IV (Exemption for Certain Disabled Persons With Limited Incomes) of the Town of Ithaca Code, Section 239-12.A, titled “Grant of exemption; conditions” 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 Percentage Assessed Valuation Combined Annual Income Exempt From Taxation of Owners Up to and including $26,000 50% More than $26,000 but less than $27,000 45% $27,000 or more but less than $28,000 40% $28,000 or more but less than $29,000 35% $29,000 or more but less than $29,900 30% $29,900 or more but less than $30,800 25% $30,800 or more but less than $31,700 20% $31,700 or more but less than $32,600 15% $32,600 or more but less than $33,500 10% $33,500 or more but less than $34,400 5%” Section 3. Chapter 239 (Taxation), Article IV (Exemption for Certain Disabled Persons With Limited Incomes) of the Town of Ithaca Code, Section 239-13, titled “Application for exemption” is amended by deleting the phrase “State Board of Equalization and Assessment” and replacing it with the phrase “State Board of Real Property Services”, and by deleting the phrase “such Assessor’s office” and replacing it January 2, 2007 1 with the phrase “the Tompkins County Assessment office”, so that this section reads as follows: “Application for such exemption must be made by the owner, or all of the owners of the property on forms prescribed by the State Board of Real Property Services of the State of New York (or 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 the Tompkins County Assessment office on or before the appropriate taxable status date.” Section 4. Chapter 239 (Taxation), Article IV (Exemption for Certain Disabled Persons With Limited Incomes) of the Town of Ithaca Code, Section 239-15, titled “When effective” is amended by deleting the sentence “This article shall become effective as set forth below and shall apply to assessment rolls prepared on the basis of taxable status dates occurring on or after March 1, 2003,” and replacing it with the following: “The schedule in § 239-12.A shall apply to assessment rolls prepared on the basis of taxable status dates occurring on or after March 1, 2007. With respect to assessment rolls prepared on the basis of taxable status dates prior to March 1, 2007, 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 5. 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 6. This local law shall take effect immediately upon filing with the Secretary of State of the State of New York. January 2, 2007 2