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Also attached to this agenda item: November 13th Resolution 230-2023 Adoption of Local...

LOCAL LAW INTRODUCTORY NO. 20 of 2023 A LOCAL LAW TO AMEND CHAPTER 204 OF THE CODE OF THE VILLAGE OF CROTON- ON-HUDSON REGARDING SENIOR CITIZENS TAX EXEMPTION Be it enacted by the Board of Trustees of the Village of Croton-on-Hudson as follows: Section One. Chapter 204, Taxation, of the Code of the Village of Croton-on-Hudson, §204-16 Income eligibility, is hereby amended to read as follows: §204-16 Income eligibility. In order to be eligible to apply for a partial exemption in the amount of 50% of the assessed valuation, the income of the owner or the combined income of the owners must not exceed $50,000 from all sources as set forth in such § 467, as amended, for the 12 consecutive months second-latest calendar year prior to the date that the application is filed. Where title is vested in one spouse, the combined income may not exceed such sum. Any such income shall be offset by all medical and prescription drug expenses actually paid which were not reimbursed or paid for by insurance. Section Two. Severability If any section, subsection, clause, phrase or other portion of this Local Law is, for any reason, declared invalid, in whole or in part, by any court, agency, commission, legislative body or other authority of competent jurisdiction, such portion shall be deemed a separate, distinct and independent portion. Such declaration shall not affect the validity of the remaining portions hereof, which other portions shall continue in full force and effect. Section Three. Effective Date This local law shall take effect immediately upon filing in the office of the New York State Secretary of State in accordance with section 27 of the Municipal Home Rule Law.