LL #11-1992Local Law Filing
NEW YORK STATE DEPARTMENT OF STATE
162 WASHINGTON AVENUE, ALBANY, NY 12231
(Use this form to file a local law with the Secretary of State.)
Text of law should be given as amended. Do not include matter being eliminated and do not
use italics or underlining to indicate new matter.
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Townof......W.A.2P.INGER.........................................................................
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Local Law No...........LL.................................... of the year 19 9.2...
A local law...Ame.nding....P..reui.o.us... Lp-Cal...Laws... P.rravidi.ng ... fclz...P.artial... Tax .......
(Insert Title)
Exemptions on Real Property for Eligible Senior Citizens.
Be It enacted by the .....Tow.n..Boa.rd.....................................................of the
..... ...............................................
(Name of Legislative Body)
Goumtx
Townx of ............. WAP.PINGER .......................................................................................... ................ as follows:
MWAga
TEXT COMMENCES ON NEXT PAGE.
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(1)
LOCAL LAW NO. OF THE YEAR 1992
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, and
Chapter 166 of the Laws of 1992.
A local law amending 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, and
Local Law No. 3 of 1991.
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, Local Law No. 2 of 1980, Local Law No. 6
of 1980, Local Law No. 8, of 1983, and Section 2(b) of Local Law No. 4
of 1986, and Local Law No. 3 of 1991 are hereby amended to reas as follows:
Section 2(b): The income of the owner or the combined income
%ftr of the owners of the property shall not and may not exceed the sum of
sixteen thousand five hundred ($16,500.00) 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 from self-employment, but shall not include
a return of capital gifts or inheritances. Rental income and self-employ-
ment shall not be reduced by an allowance for depreciation
2
SECTION 2: Section 2(c) of Local Law No. 8 of 1983, Local
Law No. 4 of 1986, and Local Law No. 3 of 1991 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 $16,500.00 for the income tax year immediately preceeding the date
of making the application for tax exemption and is not greater than
$21,300.00, said owner shall be entitiled to a partial exemption as
follows:
INCOME NET EXCEEDING:
$17,100.00
$17,700.00
$18,300.00
$18,900.00
$19,500.00
$20,100.00
$20,700.00
$21,300.00
45Z
40Z
35Z
30Z
25Z
20Z
15%
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In administration of the foregoing, the provisions of Section
r 2(b) shall be applicable other than the provisions limiting income
to $16,500.00.
SECTION 3: This local law shall take effect immediately upon
adoption and filing as provided by Muncipal Home Rule.