§ 148-30. Exemption granted; qualifications; amount.

All persons who are enrolled members of any incorporated volunteer fire company or voluntary ambulance service providing services within the Town of Malta who own (individually or jointly with a spouse) real property within the Town of Malta; who otherwise meets the criteria of Paragraph 2 of § 466-g of New York's Real Property Tax Law (as the same may from time to time be amended); and who have been certified by the Town as being qualified under the Town of Malta Volunteer Firefighter and/or Ambulance Service Award Program for the past five years; shall be exempt from taxation to the extent of 10% of the assessed value of such property, exclusive of special assessments, for the year in which an application for such benefit is made, provided that such exemption shall in no event exceed $3,000 multiplied by the latest state equalization rate for the Town of Malta.