Jack M. Martins's posts related to Property Tax

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.

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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.

Senator Martins Meets With Library Officials

Senator Jack M. Martins met with library advocates from Franklin Square, Mineola, Port Washington, New Hyde Park, Elmont, Hicksville, Manhasset and Floral Park at the State Capitol this past week to discuss the State budget and library funding. Senator Martins met with the group to discuss strategies to help libraries and build support for these vital community institutions.

"Libraries are much more than books today," said Senator Martins. "People use the Internet, look for a job, attend workshops, participate in community forums and do research as well as attend events. Libraries are the lifeblood of communities and we have to insure they are given the resources and tools they need to do provide services for the greater community."

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Senate Passes Historic Tax Cap, Mandate Relief Legislation to Provide Tax Relief

As the hours of this legislative session wound down, the New York State Senate The New York passed an historic property tax relief legislation that enacts a cap on the growth of local property taxes. The bill, which includes both the tax cap and mandate relief, has been signed into law by the Governor.

The bill (S.5856), sponsored by Senate Majority Leader Dean G. Skelos and co-sponsored by Senator Jack M. Martins, 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.

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Senator Martins Explains His Vote on the Tax Cap and Mandate Relief Legislation

Senator Jack M. Martins co-sponsored legislation to enact a tax cap along with mandate relief. He explained his vote on the floor of the Senate on the last night of an historic legislative session.

Senator Martins Fights for Mandate Relief to Accompany Tax Cap

On Friday night, June 24, the New York State Senate passed landmark legislation that was negotiated between the Senate, Assembly and the Governor. The new law will call for a 2 percent tax cap on municipalities and school districts to ease the property tax burden for taxpayers across the state. A significant part of the legislation was mandate relief that Senator Jack M. Martins, chair of the Senate Standing Committee on Local Government, fought to include as part of the tax cap bill.

Mandates handed down from the state on school districts and local governments, which are not funded by the state, are ultimately passed on to the taxpayers. Easing some of these burdens will help bring tax relief to Long Island property owners.

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Senator Martins Joins with Governor Cuomo For Historic Property Tax Cap Law Signing

Senator Jack M. Martins and his colleagues from Long Island joined with Governor Andrew Cuomo in Lynbrook for the historic signing of the tax cap legislation. The new law limits the tax levy growth to two percent or the annual increase in the CPI, whichever is less.

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Historic Property Tax Cap Signed Into Law

Senator Jack M. Martins and his colleagues from Long Island joined with Governor Andrew Cuomo in Lynbrook for the historic signing of the tax cap legislation. The new law limits the tax levy growth to two percent or the annual increase in the CPI, whichever is less.

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Governor Signs Tax Cap Into Law

From Anton Community Newspapers

By Rich Forestano and Melissa Argueta

It was met with ire by school districts and local villages and commended by residents and businesses. But on June 30, with positives and negatives aside, the bill became law.

New York State Governor Andrew Cuomo visited Lynbrook last week to sign the 2 percent property tax cap into law. The tax cap was a major platform Governor Cuomo touted during his campaign to deliver property tax relief to homeowners and business owners across the state.

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Website Created For Information on Tax Cap

A website has been created by the New York State Comptroller to give local governments information on the property tax cap. The legislation creating the tax cap was passed with bi-partisan support in the Senate and Assembly and signed into law by the Governor. The law caps tax levy increases for local governments and school districts at 2 percent or the rate of inflation, whichever is less.

The cap will go into effect for the 2012 fiscal year and the 2012-2013 school year.

The website can be found at http://www.osc.state.ny.us/localgov/realprop/index.htm.

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