HomeMy WebLinkAboutLL 2013 #1 (Vet's Tax Exemption)Town of Danby
Local Law No. 1 of 2013
Veterans’ Tax Exemption
Adopted by Danby Town Board on 14-Jan-2013
Be it enacted by the Town Board of the Town of Danby as follows:
Section 1.
The Town of Danby hereby grants real property tax exemptions for veterans under the Alter-
native Exemption Program with the following levels of exemption:
A)Past War Veteran Exemption—For those honorably discharged veterans (and certain of
their family members as set for in the enabling legislation) who served during the Span-
ish-American War, the Mexican Border War, World War I, World War II, the Korean War,
Vietnam War, or Persian Gulf Conflict period: 15% of the assessed value with a maxi-
mum exemption of $18,000.
B)Combat Zone Veterans Exemption—for those veterans under the Basic War Veterans
Exemption who can also document service in a combat theatre or zone: An additional
10% of the assessed value with a maximum exemption of $30,000.
C)Disability Veterans Exemption—For those veterans who have received a service-con-
nected disability rating from the Veterans’ Administration: An additional % of assessment
value equal to 50% of disability rating with a maximum exemption of $60,000.
Section 2.
This Local Law shall additionally provide a ten (10) year exemption from real property taxes
for real property owned by veterans who rendered military service to the United Stated dur-
ing the “Cold War,” in accordance with provisions of Section 458-b of the Real Property Tax
Law of the State of New York, with the following levels of exemption:
A)Cold War Basic Exemption—For those honorably discharged veterans who served dur-
ing the “Cold War” period: 15% of the assessed value with a maximum exemption of
$12,000.
B)Disability Veterans Exemption—For those veterans who have received a service-con-
nected disability rating from the Veterans’ Administration: An additional % of assessment
value equal to 50% of disability rating with a maximum exemption of $40,000.
Section 3. Effective Date.
This Local Law shall take effect immediately upon filing with the New York Secretary of
State.
TownBoard_LL #1 of 2013; Veteran’s Exemption • Tuesday, December 18, 2012 Page ! of ! 1 1