Town Of Candor

Senior Citizens Tax Exemption

March 01, 1995

Local Law No. 1 of the Year 1995

A local law "Senior Citizens Tax Exemption"

Be it enacted by the Board of Councilmen of the Town of Candor as follows:

Section 1. Pursuant to Section 467 subdivisions (a) and (b), et seq., of the Real Property Tax Law of the State of New York as amended, persons who are owners of property subject to taxation by the Town of Candor qualify for an exemption under the terms of such statute and/or any Rules and Regulations of the State Board of Equalization and Assessment and/or by any Rules and Regulations of any local Assessment Authorities for the , various tax districts located within the Town of Candor, shall be partially exempt from taxation by the Town in accordance with the. following schedule as it applies to such persons and their annual income as determined by such assessing units:

$0 - $10,000.00 50 Per Cent
$10,001.00 to $11,000.00 45 Per Cent
$11,001.00 to $12,000.00 40 Per Cent
$12,001.00 to $13,000.00 35 Per Cent
$13,001.00 to $13,900.00 30 Per Cent
$13,901.00 to $14,800.00 25 Per Cent
$14,801.00 to $15,700.00 20 Per Cent
$15,701. 00 or more 0 Per Cent

Section 2. Such revised schedule of assessment exemption shall be effective for any taxes levied and collected after March 1, 1995, and subsequent to that date shall supersede any prior exemption granted by the Town pursuant to such statute.

Section 3. The Clerk of the Town of Candor is directed to provide a certified copy of this local law to each of the Assessors and any other authority responsible for the compilation of the Assessment Roll and/or collection of taxes for each property subject to taxation by the Town of Candor.

Section 4. This local law shall be effective on March 1, 1995. Any previous local law of the Town of Candor concerning such exemptions as granted herein is hereby repealed as of March 1, 1995.