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March 21, 2018
8:00 PM
Town Center
740 West Boston Post Road
Mamaroneck, NY 10543
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Public Hearing - “Conversion of a temporary partial exemption for Cold War Veterans” Law.

Wednesday, March 21, 2018

LEGAL NOTICE IS HEREBY GIVEN that pursuant to Section 130 of the Town Law of the State of NY, and pursuant to a resolution of the Mamaroneck Town Board adopted on March 8, 2018 a Public Hearing will be held on March 21, 2018 at 8:00 PM at the Town Center, 740 W. Boston Post Road to consider, “Conversion of a temporary partial exemption for Cold War Veterans” Law. By Chapter 290 of the Laws of 2017, the State of New York amended section 458-b of the Real Property Tax Law to authorize local governments to allow Cold War veterans to be eligible for the Cold War veteran partial exemption for as long as they qualify for the exemption. Before this amendment, the exemption lasted for only 10 years. The County of Westchester has passed a local law eliminating the duration of the partial exemption. This local law does likewise for the Town tax. Presently there are 36 persons in the Town who receive this exemption. The savings in Town tax for these veterans is less than $10,000 per ye