Issues: Taxes

Senate Passes Property Tax Cap Legislation

"Historic Moment" For WNY Homeowners And Businesses

Senator Patrick M. Gallivan (R,C,I – 59th District) announced this evening that the State Senate has passed landmark legislation to finally provide Western New York families and businesses with meaningful property tax relief – instituting a local property tax cap of two percent or the rate of inflation, whichever is less.

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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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 Gallivan on the end of 2011 Senate Session

Senator Patrick Gallivan comments on 2011 New York State Senate session accomplishments. 

June 23, 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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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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Senator Greg Ball's floor remarks on legislation to repeal the MTA payroll tax

ALBANY, NY (6/15/2011) – The State Senate acted today to forensically audit the MTA (S4637-A7856) and also passed a proposal that will save payroll taxpayers in New York’s Metropolitan Commuter Transportation District (MTCD) $841 million a year, including an immediate savings of $111.8 million for small businesses and $73 million for schools. The MTA Payroll Tax Repeal (S5596-A8193), announced by Senator Greg Ball (R, C-Patterson) at a press conference last week, will eliminate the MTA Payroll Tax for schools and small businesses on January 1, 2012.

June 15, 2011
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Job Killing MTA Payroll Tax Repealed by Senate

Senator Ball’s Call for a Forensic Audit Also Passes

June 15, 2011
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Gianaris Applauds Increase In Film Production

Queens Gazette wrote about Senator Gianaris' prase for the increase in film productions planned for New York this year.

A record number of new television series are being scheduled to film in New York state this year due to the state Film Production Credit championed by state Senator Michael Gianaris. Eight new television series will be filmed in the state in 2011, creating more than 4,700 industry related jobs.

The Governor’s Office for Motion Picture and Television Development announced that the film tax credit lured 70 new projects to New York since January. These projects are expected to spend a total of more than $1 billion.

June 15, 2011
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Bill Spells Death to Job Killing MTA Payroll Tax

Senators Ball and Zeldin announce plan to phase-out MTA Payroll Tax

YORKTOWN, NY (6/8/2011) – It’s a proposal that would save schools and small businesses in New York’s Metropolitan Commuter Transportation District (MTCD) $767.4 million dollars a year. Today, Senator Greg Ball (R, C-Patterson) announced the  details of a bill (S5596-A8193) that would eliminate the MTA Payroll Tax for schools and small businesses on January 1, 2012.  The Senator, who was joined by Senator Lee M. Zeldin (R-C, I-Shirley), released a piece of landmark legislation that would also phase out entirely the MTA Payroll Tax over the next two and a half years throughout Dutchess, Putnam, Westchester, Orange, Rockland, Nassau and Suffolk Counties.

June 15, 2011
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SENATE PASSES BILL LIMITING TIME TO COLLECT STATE TAX LIABILITIES TO 20 YEARS

Senator John A. DeFrancisco (R-I-C Syracuse) announced that the New York State Senate today passed his bill (S3946) that would require the New York State Department of Taxation and Finance to collect an unpaid tax debt within 20 years of its issuance, or the tax liability would expire.

The current law provides no time frame in which the tax liability must be collected, resulting in manpower being wasted on old record maintenance and on attempts at unlikely collection of debt. 

June 14, 2011
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Senator Gianaris Applauds Increase In Film Production

New TV shows to be filmed this year due to film tax credit.

Queens, NY – A record number of new television series are scheduled to be filmed in New York State this year due to the New York State Film Production Credit championed by Senator Michael Gianaris. Eight new television series will be filmed in the state in 2011, creating more than 4,700 industry-related jobs.

The Governor’s Office for Motion Picture and Television Development announced that the film tax credit lured 70 new projects to New York since January. These projects are expected to spend a total of more than $1 billion.

June 13, 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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LaValle Co Sponsors Legislation To Repeal The MTA Payroll Tax

Hauppauge, NY- Senator Lee M. Zeldin (R, C, I- Shirley) and Senator Jack Martins (R-Mineola) announced today the introduction of legislation to repeal the job killing MTA Payroll Tax.  This announcement came on the heels of months of studying, listening and learning about the MTA and its financial situation.  Also joining them at today's announcement in Hauppauge was Senate co-sponsor Kenneth P. LaValle (R, C, I- Port Jefferson).

June 6, 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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Senator Greg Ball Debates Gas Tax Holiday Bill in New York State Senate

Senator Greg Ball (R, C -- Patterson) announced that the Gas Tax Holiday Bill, S4880B, passed the State Senate by a 48-14 vote. The legislation, sponsored by Senator Ball and Assemblyman Jim Tedisco (R, C, I -- Schenectady-Saratoga) suspends 33 cents in gas taxes during Memorial Day weekend, Independence Day weekend, and Labor Day weekend.

May 25, 2011
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New York Needs To Take A Gas Tax Holiday

ALBANY, 05/24/11 – State Senator James L. Seward (R/C/I-Oneonta) today announced senate approval of legislation eliminating the state gas tax for three key holiday weekends to help families cope with the rising cost at the pump.

“New Yorkers are facing increasing costs at every turn and soaring gas prices have many tapped out,” said Senator Seward.  “Families need a break, especially over the summer holidays when many are traveling.  A gas tax holiday would provide some much needed relief.”

May 25, 2011
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