Issues: Property Tax

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."

            Senator Fuschillo (left) listens as Long Island homeowner Joanne Curley (center) states why her family needs a property tax cap after seeing her taxes rise by over 16% in the last three years. Mrs. Curley joined Senator Fuschillo in calling for passage of the property tax cap. They are joined by (l-r) Senators Carl Marcellino, Ken LaValle, John Flanagan, Lee Zeldin, Dean Skelos, and Jack Martins.

18,000 Taxpayers Sign Senate GOP Tax Cap Petition

Long Island’s Republican State Senators held a news conference today to pressure the State Assembly into acting on property tax cap legislation that passed the Senate earlier this year. More than 18,000 taxpayers have signed Senate Republicans’ PassTheTaxCap.Com petition urging the Assembly to join the Senate and pass the Governor’s property tax cap bill.

“Passing the Governor’s hard property tax cap bill was one of the first things the Senate did this year and, unfortunately, the bill has languished in the Assembly,” Senate Majority Leader Dean G. Skelos said.

Senator Kenneth P. LaValle (R,C,I-Port Jefferson) and Assemblyman Robert K. Sweeney (D-Lindenhurst) today announced that legislation they sponsored to allow municipalities to continue the tax exemption for first-time home buyers of newly constructed homes has passed both chambers of the New York State Legislature.  The bill will now go before Governor Cuomo for signature.

“Young, working families have a very hard time trying to meet the costs associated with the purchase of their first home. This legislation will make it easier for families to move from renter to homeowner,” said Sweeney.

Today, Governor Cuomo begins a statewide tour in support of his legislation to enact a hard property tax cap in New York.  The Governor is right - - soaring property taxes are driving middle-class families out of their homes and forcing businesses to flee the state.    That’s why the State Senate overwhelmingly passed the Governor’s property tax cap bill earlier this year, and why we’re working so hard to provide New Yorkers with meaningful relief.  If the Assembly leadership is serious about controlling property taxes, they will join us in passing the Governor’s bill.

News From New York StateSenator Shirley L. HuntleyFor Immediate Release: May 4, 2011Contact: Bryant G. Gaspard| gaspard@nysenate.gov | (518) 455-3531

Senator Shirley L. Huntley Announces Passage of Legislation to Extend Application Deadline for STAR Program Participants