Issues: Property Tax

First Step? Start Doing Away With Nation's Highest Property Tax Burden

Albany, N.Y., January 31—The New York State Senate has approved legislation that would allow New York to join 43 other states that have put a cap on school and local government property tax increases.

[Watch Senator O'Mara's remarks in support of the measure during debate in the Senate Chamber]

February 1, 2011
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Senator Bonacic dicussing the Property Tax Cap and Mandate Relief

January 31, 2011 - New York State Senator John J. Bonacic discussing the Property Tax Cap and Mandate Relief legislation that passed the Senate.

February 1, 2011
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Senator Martins Speaks About the Tax Cap Legislation Passed by the Senate

Senator Jack M. Martins supported legislation calling for a tax cap to bring relief to taxpayers in the 7th Senate District.

January 31, 2011
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SENATOR FUSCHILLO ANNOUNCES SENATE PASSAGE OF PROPERTY TAX RELIEF MEASURES

 

Legislation Would Cap Property Taxes to Save Money for Families and Businesses, Lower Costs to Schools & Municipalities Through Mandate Relief

January 31, 2011
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BONACIC: TAX CAP LEGISLATION PASSES SENATE

State Senator John Bonacic (R/C/I – Mt. Hope), today said the State Senate has passed legislation (S.2706) which would enact Governor Andrew Cuomo’s school property tax cap legislation for schools and local governments. In addition, the Senate passed legislation (S.2707) to ban new unfunded mandates.

“Governor Cuomo heard statewide what we in the Hudson Valley and Catskills have known for years – property taxes are chasing people from our State. The special interests may oppose a property tax cap, but overwhelmingly, when asked, taxpayers support it.”

January 31, 2011
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Statement from Senator Lee M. Zeldin RE: Property Tax Cap

“Today's vote shows that there is bipartisan support for property tax relief in New York State.  I am looking forward to working with Local Governments, School Districts and others on a comprehensive package of governmental reforms.  We need to move forward on mandate relief to ensure that we reach our goals of both a quality education for our youth and property tax relief for our families.  This property tax cap should only be a first step towards progress."

 

January 31, 2011
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Senate Passes Property Tax Cap Legislation: Grisanti Supports Relief to Homeowners

The New York State Senate today passed property tax relief legislation (S.2706) that would place a cap on the growth of school property taxes at two percent or the Consumer Price Index (CPI), whichever is less. If enacted, New York would become the 44th state to cap local property taxes.  In addition, the Senate approved two measures related to  providing mandate relief to school districts and local governments.

“ We need to keep residents and businesses in Western New York,” Senator Mark Grisanti said.  “By supporting this legislation, this will ensure that small businesses and residents pay fewer taxes and remain in New York,” said Sen. Grisanti.

The bill, which is supported by business organizations across the state, includes the following provisions:

January 31, 2011
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Senator Fuschillo Votes for Property Tax Cap

Senator Charles J. Fuschillo, Jr. (R-Merrick) votes in favor of property tax relief legislation to reduce the property tax burden on Long Islanders, which is among the highest anywhere in the country. The legislation, which Senator Fuschillo cosponsored, would create a cap on local property taxes and provide mandate relief for school districts and local governments to help lower costs.

Click here to read more about the legislation.

January 31, 2011
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Senator Nozzolio's Remarks on Voting in Support of the Property Tax Cap

Click here to view Senator Nozzolio's remarks on the floor of the New York State Senate in support of legislation to cap property taxes at 2 percent.

January 31, 2011
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Senate Passes Property Tax Cap Legislation

The New York State Senate today passed property tax relief legislation (S.2706) that places a cap on the growth of school and local government property tax levies at two percent or the Consumer Price Index (CPI), whichever is less. New York would become the 44th state to cap local property taxes. In addition, the Senate approved two measures related to providing mandate relief to school districts and local governments.

January 31, 2011
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SENATOR NOZZOLIO ANNOUNCES PROPERTY TAX CAP AND MANDATE RELIEF ENACTED BY STATE SENATE

New York State Senator Mike Nozzolio today announced that the State Senate has taken a tremendous step forward in providing relief to property taxpayers and businesses by adopting legislation that he supported and fought to enact to cap property taxes. The State Senate also enacted corresponding legislation to relieve local governments from unfunded State mandates that escalate local costs and force property taxes to increase.

January 31, 2011
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Senator Robach Discusses Property Tax Cap, Mandate Relief Measures

On Monday, January 31st, the New York State Senate passed Property Tax Cap legislation, along with mandate relief measures. Senator Robach discusses both.

January 31, 2011
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Senate Approves Property Tax Cap, Mandate Relief

ALBANY, 01/31/11 – State Senator James L. Seward (R/C/I–Oneonta) today announced senate approval of a property tax cap and companion legislation aimed at eliminating unfunded state mandates on school districts and local governments.

“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.

January 31, 2011
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LaValle Votes to Cap Property Taxes.

Fulfilling a campaign promise, New York State Senator Kenneth P. LaValle  (R,C,I – Port Jefferson)  voted today to cap property taxes to the lesser of 2% or the annual increase in the consumer price index (CPI).  Senate Republicans first passed a property tax cap in 2008, but the measure was never acted upon by the Assembly. LaValle said 43 other states have some type of property tax cap and have seen property tax reductions.

“Everything that has been tried to provide relief to taxpayers, up to this point, has not worked,” LaValle said, adding that he has been pushing for a tax cap for many years. “This bill will provide real relief to homeowners who are paying the highest property taxes in the nation,” LaValle said.

January 31, 2011
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SENATOR SALAND ANNOUNCES PASSAGE OF PROPERTY TAX CAP AND MANDATE RELIEF BILLS IN THE STATE SENATE

Senator Steve Saland (R,I,C – Poughkeepsie) announced the passage of Governor Cuomo’s real property tax cap bill in the State Senate.  The imposition of a property tax cap will benefit local taxpayers by limiting the annual tax levies imposed by school districts and local governments.

 The bill limits the local tax levies to 2% or 120% of the consumer price index, whichever is less.  Exceptions to the cap include support for capital expenditures approved by the voters.

January 31, 2011
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STAR Property Tax Exemption Information

STAR is a tax relief program that lowers property taxes for owner-occupied primary residences.  There are two levels of STAR benefits: Basic STAR and Enhanced STAR.Basic STAR is available to residents who own and live in their own 1- ,2- , or 3-family house, condominium, or cooperative apartment and earn less than $500,000 a year.  There is no age limit for Basic STAR.  For qualifying homeowners, Basic STAR exempts the first $30,000 of the full value of a home from school taxes.

January 31, 2011
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Senate Passes Property Tax Cap Legislation

The New York State Senate today passed property tax relief legislation (S.2706) that would place a cap on the growth of school property taxes at two percent or the Consumer Price Index (CPI), whichever is less. If enacted, New York would become the 44th state to cap local property taxes.  In addition, the Senate approved two measures related to providing mandate relief to school districts and local governments.

January 31, 2011
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