Issues: Taxes

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Job Killing MTA Payroll Tax Repealed by Senate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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BILL WOULD REDUCE HOLIDAY GAS TAXES

Urges Assembly To Help Reduce Gasoline Prices

State Senator Patty Ritchie says a bill (S4880B) she supported that was passed by the Senate today will reduce the cost of gasoline by 33 cents a gallon for three holiday weekends this summer.

The savings could take effect as soon as this weekend if the Assembly joins the Senate in passing the bill.

“With Memorial Day almost upon us, New York’s families need relief from high gasoline prices. The American Petroleum Institute reports New Yorkers pay the second highest gasoline taxes in the nation,” Senator Ritchie said. “The bill requires that savings be passed on to consumers.”

May 24, 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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Senator Greg Ball and Rob Astorino, Westchester County Executive: Fighting for the Repeal of the MTA Payroll Tax and Supporting a Full Forensic Audit of the MTA

 

YORKTOWN NY (April 27th 2011) Senator Greg Ball (R, C-Westchester, Putnam, Dutchess) was joined by Westchester County Executive Rob Astorino, Westchester County Legislator John Testa and Yorktown Town Councilman Councilman Dr. Terrence Murphy (R, I – Jefferson Valley) at a press conference today to support Senator Ball’s legislation fully repealing the MTA payroll tax, and providing for an immediate full forensic accounting of the MTA.

 Senator Ball’s legislation S4716, exempts self-employed persons, localities, school districts and not for profit corporations from the MTA mobility tax. The Senator is also proposing legislation which will repeal the MTA taxes on school districts by the end of 2016. As well as a measure that will require the MTA to attend the majority of public hearings on fare hikes in order to cast a vote.

May 24, 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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