GOSHEN – Orange County Executive Steven Neuhaus has vetoed a property tax exemption law approved by the County Legislature, citing a lack of oversight, missing eligibility safeguards, and the potential to allow wealthy individuals to avoid paying their fair share of taxes.
He called it a “bad local law” that creates massive loopholes at the expense of regular taxpayers.
The law grants a permanent 50% property tax exemption on a property’s assessed value when it is transferred to a low-income household…