LL #06-1980TOWN OF WAPPINGER
DUTCHESS COUNTY, NEW YORK
LOCAL LAVE NO 6 YEAR 1980
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A LOCAL LAW INCREASING THE INCOME EXEMPTION FOR SENIOR CITIZENS
Alocal law amending local law No. 1 of 1967, local law No.5 of
1977 and local law No. 2 of 1980.
Be it Enacted by the Town Board of the Town of Wappinger,
Dutchess County, New York as Follows.
Section 1. Section 2(b) of Local Law No. 1 of 1967, Section 2
of Local Law No. 5 of 1977 and Local Law No. 2 of 1980 are hereby amended
to read as follows:
(b) The income of the owner or the combined income of the
owners of the property shall not and may not exceed the sum of
Nine Thousand Two Hundred ($9,200.00) Dollars for the income tax year
immediatelu preceding the date of making the application for exemption.
The income tax year shall mean the twelve month period for which the
owners filed a federal personal income tax return, or if no such
return is filed, the preceding calendar year. Where title is vested
in either the husband or the wife, their combined income may mot
exceed such income. Such income shall include social security and
retirement benefits, interest, dividends, net rental income, salary
or earings, and net income from self-employment, but shall not include
a return of capital gifts or inheritances. Rental income and self-
employment shall not be reduced by an allowance for depreciation.
Section 2. This Local Law shall take effect immediately
upon adoption and filing.
Section 2. This Local Law shall take effect immediately
upon adoption and filing.
VOTE:
Introduced by Councilperson - Nicholas Johnson
Seconded by Councilperson Bernice Mills
Supervisor Louis Diehl AYe
Councilperson Nicholas Johnson
Councilperson Bernice Mills Aye
Councilperson Janet Reilly Aye
Councilperson Frank Versace Aye
Adopted: December 8, 1980