Friday
November 10, 2017


 

 

 

Kingston mayor proposes extending local Cold War veterans’ exemption

KINGSTON – Mayor Steven Noble of Kingston has proposed to the common council that they adopt a local law extending property tax exemptions for Cold War veterans beyond the initial 10-year period.

The extended time was made possible by a law adopted by the state earlier this year.  Several Hudson Valley counties and municipalities have adopted the extension, or are considering it.

Currently, over 40 Cold War veterans receive the exemption on their primary residence in Kingston.

To be eligible, an honorably discharged Cold War veteran, a spouse of a Cold War veteran or the unmarried surviving spouse of a deceased Cold War veteran must own a home which must be their primary residence.

The exemption entitles eligible veterans to receive a reduction in their Kingston city taxable assessed value and if adopted, would extend beyond the current 10-year time limit.

 


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