208.2006
RESOLUTION ENACTING LOCAL LAW NO. 4 OF 2006 TO AMEND
QUEENSBURY TOWN CODE CHAPTER 155, “TAXATION” BY ADDING A
NEW ARTICLE III ENTITLED “EXEMPTION FOR VETERANS”
RESOLUTION NO. 208, 2006
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Roger Boor
WHEREAS, Warren County Board of Supervisors recently unanimously adopted and enacted
Local Law No. 2 of 2006 which provides for an increase in the cap or maximum exempt amount for
Veteran’s tax exemptions under New York State Real Property Tax Law §458-a, and
WHEREAS, the Queensbury Town Board also wishes to consider adoption of Local Law No.:
4 of 2006 to amend the Queensbury Town Code Chapter 155, “Taxation” by adding a new Article III
entitled "Exemption for Veterans” to provide for an increase in the cap or maximum exempt
amount for Veteran’s tax exemptions under New York State Real Property Tax Law §458-a, and
WHEREAS, the proposed Local Law No. 4 of 2006 proposes to establish the maximum
Veterans exemption allowable from real property taxes as follows:
1.Qualifying residential real property would be exempt from taxation to the extent of
fifteen percent (15%) of the assessed value of such property, provided, however, that
such exemption not exceed the lesser of Twenty-Seven Thousand Dollars ($27,000)
or the product of Twenty-Seven Thousand Dollars ($27,000) multiplied by the latest
state equalization rate for the assessing unit;
2.A veteran who served in a combat theatre or combat zone of operations would be
exempt from taxation to the extent of ten percent (10%) of the assessed value of such
property; provided, however, that such exemption not exceed the lesser of Eighteen
Thousand Dollars ($18,000) or the product of Eighteen Thousand Dollars ($18,000)
multiplied by the latest state equalization rate for the assessing unit; and
3.Qualifying residential real property owned by a veteran who received a compensation
rating from the United States Veterans Administration or Department of Defense
because of a service connected disability would be exempt from taxation to the extent
of the product of the assessed value of such property multiplied by fifty percent
(50%) of the veteran’s disability rating, provided, however, that such exemption not
exceed the lesser of Ninety Thousand Dollars ($90,000) or the product of Ninety
Thousand Dollars ($90,000) multiplied by the latest state equalization rate for the
assessing unit and where a veteran died in service of a service connected disability,
such person would be deemed to have been assigned a compensation rating of one
hundred percent (100%); and
WHEREAS, this legislation is authorized in accordance with New York State Real Property
Tax Law §458-a and New York State Municipal Home Rule Law §10, and
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WHEREAS, the Town Board duly held a public hearing on Monday, April 17, 2006 and
heard all interested persons, and
WHEREAS, a copy of the proposed Local Law has been presented at this meeting and is in
form approved by Town Counsel,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby enacts Local Law No.: 4 of 2006 to
amend the Queensbury Town Code Chapter 155, “Taxation” by adding a new Article III entitled
"Exemption for Veterans” to provide for an increase in the cap or maximum exempt amount for
Veteran’s tax exemptions under New York State Real Property Tax Law §458-a as presented at
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this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes and directs the Queensbury Town Clerk
to file the Local Law with the New York State Secretary of State in accordance with the provisions of
the Municipal Home Rule Law and acknowledges that the Local Law will take effect immediately
upon filing with the Secretary of State.
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Duly adopted this 17 day of April, 2006, by the following vote:
AYES : Mr. Boor, Mr. Sanford, Mr. Brewer, Mr. Stec
NOES : None
ABSENT: Mr. Strough
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