HomeMy WebLinkAbout1999_2_10_Local_Law_No_2 LOCAL LAW NO. 2 - 1999
This Local Law shall amend Local Law 4-1997, Senior Citizen Tax Exemptions
Section 1 - Purpose:
The purpose of this Local Law is to amend Section 195-7 of the Code of the Town of
Mamaroneck to conform with recent amendments to the enabling provisions of Real Property
Tax Law Section 467 as it relates to County Senior Citizens Tax Exemptions.
Section 2 -Amendments:
Section 195-7 shall be amended to add Section F to read as follows:
F. Persons reaching 65 years of age on or before December 31 are eligible to apply for
county tax purposes for the assessment roll applicable to that year.
Tenant-stockholders of cooperative apartment corporations are eligible to apply for county tax
purposes.
Annual Income Limitations for County tax purposes:
$18,500 or less 50%
$18,500.01 to $19,499.99 45%
$19,500 to $20,499.99 40%
$20,500 to $21,499.99 35%
$21,500 to $22,399.99 30%
$22,400 to $23,299.99 25%
$23,300 to $24,199.99 20%
$24,200 to $25,099.99 15%
$25,100 to $25,999.99 10%
$26,100 to $26,899.99 5%
Section 3 Effective Date:
The Local Law shall take effect immediately.