John J. Bonacic's posts related to Property Tax

SENATE PASSES BONACIC CO-SPONSORED TAX REFORM LEGISLATION

The New York State Senate on Thursday, passed legislation, (S.6212a) co-sponsored by Senator John Bonacic to provide a “Circuit Breaker” to families in New York State who pay a higher than average share of their income in property taxes.

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Senator Bonacic Discussing Property Tax Relief and Reform

The New York State Senate on March 18, 2003, passed legislation, (S.6212a) co-sponsored by State Senator John Bonacic (R/I/C - Mt. Hope) to provide a Circuit Breaker to families in New York State who pay a higher than average share of their income in property taxes. People buy a home under the presumption that their income can sustain the home, and also sustain tax increases at the rate of inflation. This legislation would provide some relief for families whose income has not sustained, or whose taxes have exceeded the rate of inflation.

BONACIC: WHY WAIT FOR NEW GOVERNOR ON TAX CAP!

 State  Senator  John  J.  Bonacic  (R/I/C  – Mt. Hope), is urging the Governor  to  call  the special Legislative session and force a vote on the school  property  tax  cap  in  the  State  Assembly.  The State Senate has repeatedly passed a school property tax cap.

Attorney  General  Andrew  Cuomo  has proposed a 2% tax cap on school property  taxes – which Senator Bonacic supports.  The NY Post has reported that  Assembly Speaker Sheldon Silver is open to supporting a tax cap – but only if Cuomo is elected Governor.

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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.”

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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.

Senator Bonacic Comments on Property Taxes

Senator Bonacic Comments on Property 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. 

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2014-2015 Joint Legislative Tax Relief: Real or Illusion?

Senator John Bonacic questions Thomas Maddow about property taxes.