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LL #03-1997LOCAL LAW ¢l3 OF 1997 TOWN OF WAPPINGER This Local Law amends the provisions of the following local laws providing for partial tax exemptions of real property owned by certain persons with limited income who are 65 years of age or older by implementing the provisions of Chapter 991 of the Laws of 1983, Chapter 756 of the Laws of 1986, Chapter 471 of the Laws of 1990, Chapter 166 of the Laws of 1992, Chapter 261 of the Laws of 1994, and Chaptcr 1.39 of the Laws of 1996: Local Law No. 1 of 1967 Local Law No. 5 of •1977 Local Law No. 2 of 1980 Local Law No. 6 of 1980 Local Law No. 7 of 1982 Local Law No. 8 of 1983 Local Law No. 4 of 1986 Section 2(b) of Local Law No. 4 of 1986 Local Law No. 3 of 1991 Local Law No. 11 of 1992 Local Law No. 2 of 1995 13E 1T 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, as amended by Section 2 of Local Law No. 5 of 1977, Local Law No. 2 of 1980, Local Law No. 8 of 1983, and Section 2(b) of Local Law No. 4 of 1986, Local Law No. 3 of 1991, Local Law No. 11 of 1992, and Local Law No. 2 of 1995 is further amended to read as follows: Section 2(b): In order to be eligible for a 501 tax exemption, the income of the owner o: \common\wappinger\seniorlc.law or the combined income of the owners of the property shall not and may not exceed the sum of Eighteen Thousand Five Hundred ($18,500.00) Dollars for the income tax year immediately preceding the date of making the application for exemption. The income tax year shall mean the twelve month period for which the owner or 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 not exceed such income. Such income shall include social security and retirement benefits, interest, dividends, net rental income, salary or earnings, and the net income fro►n 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: Section 2(c) of Local Law No. 8 of 1983, Local Law No. 4 of -'1986, Local Law No. 3 of 1991, Local Law No. 11 of 1992, and Local Law No. 2 of 1995 is hereby amended to read as follows: Section 2(c): If the income of an eligible property owner or the combined income of the owners of the property exceeds the sum of $18,500.00 for the income tax year immediately preceding the date of making the application for tax exemption and is not greater than $26,899.99, said owner shall be entitled to a partial exemption as follows: INCOME NET EXCEEDING $ 0 - 18,500.00 18,500.01 - 19,499.99 19,500.00 - 20,499.99 20,500.00 - 21,499.99 o: \common\wapp inger\sen iorlc.law EXEMPTION 50% 45% 40% 35% 21,500.00 - 22,399.99 30% 22,400.00 - 23,299.99 25% 23,300.00 - 24,199-99 20% 24,200.00 - 25,099.99 15% 25,100.00 - 25,999.99 10% 26,000.00 - 26,899.99 5% Section 3: This Local Law shall take effect immediately upon filing as provided by Municipal Home Rule and shall be applied retroactively from January 1, 1997. o: \commoo\wapp inger\seniorlc.law (Complete the certification in the paragraph that applies to the filing of this local law and strike out that which is not applicable.) (Final adoption by local legislative body only.) hereby certify that the local law annexed hereto, designated as local law No. # 3 of 19 97 f the 00M) (0&VXTown) IIt ) of Wappinger was duly passed by the Town Board on March 24 1997 , in accordance with the applicable provisions of law. Name of Legislative Body) ":usage by local legislative body with approval, no disapproval or repassage after disapproval the Elective Chief Executive Officer'.) h')y certify that the local law annexed hereto, designated as local law No. of 19 I the (County)(City)(Town)(Village) of was duly passed by the on 19and was (approved)(not disapproved)(repassed after (Name of egis -true o y iisapproval) by the(El was deemed duly adopted on 19_, ecttve to Executive [Geer in accordance with the applicable provisions of law. (Final adoption by referendum.) I hereby certify that the local law annexed hereto, designated as local law No. of 19 of the (County)(City)(Town)(Village) of was duly passed by the on 19_, and was (approved)(not disapproved)(repassed after Name of Legislative Body disapproval) by the on 19_ Such local law was Elective Chief Executive Officer') submitted to the people by reason of a (mandatory)(permissive) referendum, and received the affirmative vote of a majority of the qualified electors voting thereon at the (general)(special)(annual) election held on 19 , in accordance with the applicable provisions of law. a, ';ubject to permissive referendum and final adoption because no valid petition was filed requesting 6,,,eferndum.) I hereby certify that the local law annexed hereto, designated as local law No. of 19 of the (County)(City)(Town)(Village) of was duly passed by the on 19_, and was (approved)(not disapproved)(repassed after Name of Legislative Body disapproval) by the on 19_ Such local law was subject to Elective Chief Executive Officer' permissive referendum and no valid petition requesting such referendum was filed as of 19_, in accordance with the applicable provisions of law. 'Elective Chief Executive Officer means or includes the chief executive officer of a county elected on a county -wide basis or, If there be none, the chairman of the county legislative body, the mayor of a city or village, or the supervisor of a town where such officer is vested with the power to approve or veto local laws or ordinances. (2) 5. (City local law concerning Charter revision proposed by petition.) I.hereby certify that the local law annexed hereto, designated as local law No. of 19 of the City of having been submitted to referendum pursuant to the provisions of section (36)(37) of the Municipal Home Rule Law, and having received the affirmative vote of a majority of the qualified electors of such city voting thereon at the (special)(general) election held on . 19became operative. 6. (County local law concerning adoption of Charter.) I hereby certify that the local law annexed hereto, designated as local law No. of 19 of the County of , State of New York, having been submitted to the electors at the General Election of November ' 19_, pursuant to subdivisions 5 and 7 of section 33 of the Municipal Home Rule Law, and having received the affirmative vote oPa majority of the alified electors of the cities of said county as a unit and of a majority of the qualified electors of the towns said county considered as a unit voting at said general election, became operative. (If any other authorized form of final adoption has been followed, please provide an appropritate certification.) I further certify that I have compared the preceding local law with the original on file in this office and that the same is a correct transcript therefrom and of the whole of such original local law, and was finally adopted in the manner indicated in paragraph 1. , above. er o t e �_�A4��wnor ler or officer designated by local legilsative body ELAINE H. SNOWDEN, TOWN CLERK (Seal) ' Date: Apri 1 -F 1 97 (Certification to be executed by County Attorney, Corporation Counsel, Town Attorney, Village Attorney or other authorized Attorney of locality.) rE OF NEW YORK NTY OF DUTCHESS I, the undersigned, hereby certify that the foregoing local law contains the correct text and that all proper proceedings have been had or taken for the enactment of the local law annexed hereto. ignature ALBERT P. ROBERTS Attorney for the Town Title To of Waooineer wnyjmw Date: April 3, 1997 (3)