Cold War Veterans property Exemption

At a recent Town Board meeting, the Town moved to amend Chapter 82-Veteran’s Exemptions, §82.4-Cold War Veterans Exemption paragraph (C)-Amount of Exemption, subsection (i) to substitute $45,000 for $36,000 and subsection (ii) to substitute $150,000 for $120,000, and paragraph (D) by repealing existing language and replacing it with the following language: “This exemption provided by subdivision C of this section shall apply to qualifying owners of qualifying real property for as long as they remain qualifying owners.” This basically increases the amount of the exemption for a Cold War Veteran Property Owner.

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