Michael Gianaris's posts related to Taxes

Gianaris: No tax help for Big Electric

This article in the Times Ledger was written just after tax abatement legislation that hurt ratepayers passed in the Senate on Monday. On Wednesday, however, legislation that helps prevent drastic rate hikes was passed by the Senate. I am happy my fellow Senators and I were able to stand up for ratepayers across the state.

State Sen. Michael Gianaris (D-Astoria) condemned a bill passed in the Senate Monday to give tax abatements to power generators, saying it would provide them with an unfair tax benefit.

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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."

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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The Post wrote about FERC's rescinded rate hike for ratepayers' electric bills.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.

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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Queens Times Ledger wrote about the rescinded FERC rate increase and quoted Senator Gianaris in the article.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.

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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.

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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.

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N.Y. State ‘Sick But Getting Better’ Gianaris Tells UCCA

The Queens Gazette wrote on Senator Gianaris' thoughts at the UCCA meeting at Augustana Lutheran Church in Astoria Heights on October 6. The senator discussed the state of the state, in relation to its budget and deficit, along with other issues such hasydrofracking, power plant siting, hospital closings in Queens and auto insurance fraud.

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Future Of Queens Discussed At Astoria Civic Meeting

The Queens Gazette wrote about the "State of Queens Address" at the Astoria Civic Association, where Senator Gianaris and other elected officials discussed a variety of issues and accomplishments in Queens. Senator Gianaris talked specifically about the economy, the importance of the film tax credit and hydrofracking.

A triumvirate of elected officials delivered the “State of Queens Address” at the November 8 meeting of the Astoria Civic Association at Riccardo’s by the bridge.

Councilmember Peter Vallone Jr., Assemblymember Aravella Simotas and state Senator Mike Gianaris had the chance to review accomplishments, as well as challenges that Queens has been facing and will continue to face in the near future.

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State Senate Approves Plan For Middle Class Tax Break, Millionaire Tax Hike

NY1 wrote about the recent Albany passing of the change in the state's tax code, which will essentially up the taxes for the wealthy in New York and give breaks to millions of other residents. Senator Gianaris supports this change, hoping that during these difficult economic times, this tax break will benefit middle class families in New York.

Albany lawmakers on Wednesday passed a major overhaul of the state's tax code that will mean higher taxes for the wealthiest New Yorkers and a tax break for millions of residents, pending the approval of the State Assembly.

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