Local Law No. 4, Year 2022

LOCAL LAWFILING          NEWYORK STATE DEPARTMENT OF STATE                                                                                                              

‍        

COUNTY OF WESTCHESTER

TOWN OF RYE                                                                                          

Local Law No. 4 of the Year, 2022

A local law entitled, “AN ACT TO GRANTA PARTIAL EXEMPTION FROM TOWN

                                    OF RYE REAL ESTATE TAXES FOR CERTAIN PERSONSWITH

                                    INCOME LIMITS WHO ARE 65 YEARS OF AGE OR OVER.”

To be enacted by   TOWN COUNCIL of the TOWN OF RYE                                                              

SECTION 1.  LOCAL  LAW  NO. 4  FOR  THE  YEAR  2022 OF THE TOWN OF RYE

HEREBY ENACTED TO READ AS FOLLOWS:

I.  For the purposes of obtaining a partial tax exemption from Town of Rye real estate taxes, the following are annual income limits and corresponding exemption values for certain persons who are age 65 years of age or over as of the effective date of this Local Law.

(A) Annual Income:                         Exemption Value:

Less than $50,000.00                         50%

$50,000.00 to $50,999.99                  45%

$51,000.00 to $51,999.99                  40%

$52,000.00 to $52,999.99                  35%

$53,000.00 to $53,899.99                  30%

$53,900.00 to $54,799.99                  25%

$54,800.00 to $55,699.99                  20%

$55,700.00 to $56,599.99                  15%

$56,600.00 to $57,499.99                  10%

$57,500.00 to $58,399.99                    5%

SECTION 2.  This Local Law shall take effect immediately upon filing with the Secretary of State.‍