Issues: Property Tax

SENATOR NOZZOLIO ANNOUNCES UNPRECEDENTED PROPERTY TAX CAP AND MANDATE RELIEF ENACTED BY STATE LEGISLATURE

New York State Senator Mike Nozzolio today announced a historic victory for the taxpayers of New York State, as the State Legislature adopted legislation he fought aggressively to enact that establishes the State’s first ever cap on property taxes.

June 24, 2011
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Senate Passes Historic Property Tax Cap Legislation

ALBANY,  06/24/11 - The New York State Senate today passed historic property tax relief legislation that enacts a cap on the growth of local property taxes.

“Property taxpayers in New York State are tapped out,” said Senator Seward.  “Enacting a property tax cap is a commonsense approach that will provide significant savings and help families and senior citizens afford to stay in their homes.

“Our small business owners, and in particular, our farmers, who are crumbling under the burden of out of control property taxes, will also receive much needed relief.  Now, instead of agonizing over skyrocketing tax bills, our business leaders can turn their attention to creating jobs and reviving our economy.”

June 24, 2011
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Senate Passes Historic Property Tax Cap Legislation

The New York State Senate today passed historic property tax relief legislation that enacts a cap on the growth of local property taxes. The bill (S.5856), sponsored by Senate Majority Leader Dean G. Skelos, will cap school and local government taxes to less than two percent or the Consumer Price Index (CPI), whichever is lower. Mandate relief is also included, with $127 million in savings to local governments, in addition to the creation of a Mandate Relief Council to identify and repeal unsound, unduly burdensome laws and regulations.

June 24, 2011
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Senator Fuschillo Votes "Yes" to Capping Property Taxes

Senator Fuschillo votes "yes" on legislation to cap property taxes in New York State. The legislation was passed by the Senate and Assembly and signed into law by the Governor.

Click here to read more about New York State's new property tax cap.

June 24, 2011
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SENATE PASSES LEGISLATION TO ESTABLISH FIXED SCHOOL TAX RATE FOR SENIORS

    The New York State Senate today passed legislation, sponsored by Senator Kenneth P. LaValle (R-C-I, Port Jefferson), that would establish a fixed real property school tax rate for seniors who are eligible for the enhanced STAR exemption, providing much needed tax relief to hundreds of thousands of seniors throughout New York State.

June 20, 2011
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LaValle Bill Capping Seniors' School Taxes Passes Senate

New York State Senator Kenneth P. LaValle said his bill capping school taxes for eligible senior citizens older than 70 years of age has passed the New York State Senate and will now go to the Assembly.

This bill amends the real property tax law by establishing a fixed real property school tax rate for persons 70 years of age or over who meet the requirements for the enhanced STAR exemption. Under the bill, residential real property owned and occupied by individuals who are 70 years of age or over; or by husband and wife, one of whom is seventy years of age or over and meets each of the requirements for the enhanced STAR exemption, will be eligible for a fixed real property school tax rate.

June 20, 2011
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SENATE PASSES LEGISLATION TO HELP END ABUSE BY NON-PROFITS OF TAX EXEMPT LAND LAWS

State Senator John J. Bonacic today announced the passage by the full Senate of legislation (S.2544) to stop land banking by non-profit organizations. 

June 17, 2011
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LaValle And Thiele Announce New Legislation Increasing Veteran Property Tax Exemptions

New York State Senator Kenneth P. LaValle and New York State Assemblyman Fred W. Thiele, Jr. (I, D, WF-Sag Harbor) were joined today by Southampton Town Supervisor Anna Throne-Holst to announce the introduction of new State Legislation which would allow municipalities to increase the maximumproperty tax exemptions under the alternative veteran’s exemptions.

A.8186/S.5597 would further amend the Real Property Tax Law by providing exemptions to veterans which more appropriately reflect the recent rise in real property values. Under the proposed legislation the new cap for wartime veterans would increase from $54,000 to $75,000; from $36,000 to $50,000 for combat veterans; and, from $180,000 to $250,000 for disabled veterans.

June 9, 2011
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Tax Lien Assistance Outreach Event

Tax Lien Assistance Outreach Event

Sponsored by NYS Senator Joe Addabbo, NYS Assembly Member Mike Miller

and NYC Council Member Elizabeth Crowley.

July 6, 4:00 PM - 7:00 PM
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Electric rate hikes zapped after law passed

Queens Times Ledger wrote about the rescinded FERC rate increase and quoted Senator Gianaris in the article.

The threat of a spike in electrical rates died a two-pronged death last week.

The Federal Energy Regulatory Commission had come under fire for its January decision to allow city power generators to enact a large increase for their rates during peak electrical times. The agency believed the power companies faced steep property taxes when in actuality they received significant abatements. The FERC ruling could have caused city residents’ electrical rates to shoot up by 12 percent.

Days after the state Legislature passed a law last week to prevent the planned hike from being passed to those residents, FERC undid its decision.

May 26, 2011
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Statement by Senate Majority Leader Dean Skelos on Property Tax Cap

Almost four months ago the Senate passed the hard property tax cap legislation proposed by Governor Cuomo.  Since then, Senate Republicans have advocated every day for the enactment of a strong property tax cap. Other than the sunset provision and minor technical issues, we have reached a three-way agreement on a bill that achieves our goals and includes 95 percent of the bill we already passed and will finally put the brakes on skyrocketing property taxes. This agreement maintains the maximum two-percent increase threshold on the total tax levy, as well as the 60 percent level necessary for school district voters to override the cap that were included in the original legislation passed by the Senate.  

May 24, 2011
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SENATE PASSES BILL THAT WOULD AMEND PROPERTY TAX INSTALLMENT PAYMENTS

School Board Would Determine the Percentage of the Installment 

Senator John A. DeFrancisco (R-I-C, Syracuse) announced today that his bill (S3110), which would authorize local school boards to determine the amount of an installment payment for school taxes, has been passed by the New York State Senate. 

“The amended Senate Bill allows local school boards to pass a resolution that would allow the receiver of taxes in a municipality to accept payments smaller than 50 percent of the tax bill as a first payment, instead of turning away them away,” said Senator DeFrancisco. 

The current law requires that at least 50 percent of the total tax bill be paid in the first installment, and the bill must be paid in three installments. 

May 24, 2011
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Statement From Senator Patrick M. Gallivan Regarding Potential Property Tax Cap Agreement

"Western New York’s property tax burden is among the highest in the nation; forcing families to leave their homes, business to relocate, and our children to seek futures elsewhere. Passing legislation to cap property taxes at two-percent was one of the first actions my Senate colleagues and I took this year.

Now, nearly four months later, the Assembly has joined the discussion by agreeing to a property tax cap framework largely mirroring legislation passed earlier this year in the Senate. This is a very encouraging development.

May 24, 2011
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Long Island Senators Urge Assembly To Pass Property Tax Cap

Long Island’s nine Republican State Senators joined a local family at their home to again urge the New York Assembly’s Democratic leaders to finally pass a school and local government tax cap.  This legislation, which passed the Senate in January at the

May 23, 2011
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Senator Lee Zeldin and Long Island State Senators Press Assembly Majority to Pass the Property Tax Cap

Bayport, NY – State Senator Lee M. Zeldin (R, C, I-Shirley), along with 7 other Long Island Republican State Senators, recently held a news conference to pressure the State Assembly Democratic Majority into acting on property tax cap legislation that passed the Senate earlier this year. The Long Island Senators were joined by Bayport residents, Richard and Joanne Curley, whose property taxes have increased 16.2% to $11,033 in the past three years.

More than 18,000 taxpayers have signed the Senate Republicans’ PassTheTaxCap.Com petition urging the Assembly to join the Senate and pass the Governor’s property tax cap bill.

May 20, 2011
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Feds nix electric over'charge'

The Post wrote about FERC's rescinded rate hike for ratepayers' electric bills. In a formal statement, Senator Gianaris said, "I'm glad this misguided rate hike has been reversed and proud that the State took swift action to save ratepayers millions of dollars. Governor Cuomo deserves thanks for working closely with those of us who were alarmed by the FERC decision to resolve the problem."

Charges reversed!

Federal regulators yesterday officially overturned an order that would have zapped the city by boosting residential electric bills by 10 to 12 percent.

The Federal Energy Regulatory Commission acted barely 24 hours after Albany lawmakers passed a law making property-tax breaks for electricity generators permanent.

May 20, 2011
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Statement from Senator Gianaris on Reversed FERC Decision

Following the announcement that the Federal Energy Regulatory Commission has reversed its decision to allow power generating companies to massively increase their electric rates, Senator Gianaris said, "I'm glad this misguided rate hike has been reversed and proud that the State took swift action to save ratepayers millions of dollars. Governor Cuomo deserves thanks for working closely with those of us who were alarmed by the FERC decision to resolve the problem."

May 19, 2011
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Tax Cap Now!

The Long Island state senate delegation gathered in Bayport Thursday afternoon to pressure their Democrat colleagues in the state Assembly to approve legislation that would cap property tax increases at two percent.During a press conference at the home of Richard and Joanne Curley, the Senators said the property tax cap would help ease the burden on homeowners across Long Island.Senate officials said the Curley's home was selected because it is representative of the tax burden facing homeowners in Nassau and Suffolk counties. According to Joanne Curley, the property taxes on her family's home have risen from slightly more than $6,000 eight years ago to more than $11,000 today.

May 19, 2011
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