Plan Would Increase Tax Credits to Help Struggling Middle Class Families, Restore STAR Property Tax Rebate Checks for Millions of New Yorkers
Senate Republican Leader Dean Skelos and members of the Senate Republican Conference today unveiled the Family Tax Relief Act, a package of tax relief and reform measures designed to provide a major economic boost to New York’s struggling middle class families.
The Senate Republican plan would increase tax breaks that have not kept pace with inflation, and, in some instances, haven’t been adjusted for more than 25 years. The plan also restores the STAR property tax rebate check program to provide real and direct relief to millions of New Yorkers who pay some of the highest property taxes in the country.
Area Business Leaders Laud Choice of Western New York Senator
ALBANY - Senate Majority Leader Dean G. Skelos (R-C-I, Rockville Centre) announced today that Senator Patrick M. Gallivan (R-C-I, Elma) has been appointed Chair of the Senate Standing Committee on Commerce, Economic Development and Small Business.
Senator Patrick M. Gallivan and members of the Senate Republican Conference today continued their strong focus on job creation and economic growth by announcing that the Senate will pass legislation next week to implement the 2012 NEW JOBS-NY Job Creation Plan.
The Senate’s comprehensive plan will help create thousands of new private sector jobs by delivering tax relief to small businesses and manufacturers, reducing energy costs, and enacting major fiscal reforms to make New York State more economically competitive.
Budget Comes Early, Controls Spending and Holds The Line On Taxes
Senator Patrick M. Gallivan hailed the 2012 state budget today as lawmakers approved the spending plan ahead of the April 1st deadline, marking the second consecutive year New York State will enact an on-time budget.
“Passing a second on-time budget in as many years is indicative of the larger progress we’ve seen lately in Albany. Just as late budgets were once a symbol of dysfunction, on-time budgets are symbolic of continued progress,” the Senator said. “Even more important than passing an on-time budget, is that we passed a fiscally responsible budget that respects New York’s taxpayers and keeps the State moving forward.”
Gallivan: “Senate Plan Cuts Taxes, Reforms Medicaid, Protects Seniors and Schools.”
The New York State Senate voted to approve its 2012-13 Senate Budget resolution, continuing its focus on state spending, job creation, and structural reform to government.
The Senate budget, at just under $132.5 billion, keeps the total state spending increase below two percent, and spends less than the Executive Budget. The budget closes a $2 billion budget deficit and builds on last year’s successes in putting the state’s fiscal house in order.
Senate Republican Budget Plan Will Include Expansive “New Jobs-NY” Plan
Senator Patrick M. Gallivan (R,C,I – 59th District) joined fellow Republican members of the Senate today to announce details of the 2012 NEW JOBS-NY Job Creation Plan. The plan puts forth policies critical to revitalizing Western New York, including; tax relief to encourage the creation of new jobs, measures to ensure fiscal responsibility and control state spending, as well as other reforms and incentives to make New York more economically competitive. The plan is part of the Senate budget resolution to be acted on next week.
After Albany approved a sweeping tax reform and job growth plan designed to provide income tax reductions to 4.4 million New Yorkers and thousands of small businesses, Western New York State Senator Patrick M. Gallivan (R,C,I – 59th Senate District) announced an additional proposal to implement a strict cap on all income tax revenues collected under the state’s brand new income tax bracket structure.
MEASURE WILL INCENTIVIZE HOME IMPROVEMENTS, ENCOURAGE NEW CONSTRUCTION, AND COMBAT BLIGHT
Senator Patrick M. Gallivan (R,C,I – 59th District) announced that the Senate passed legislation, S.5557A (Gallivan), that provides targeted tax relief and property tax abatement for home construction in the Town of Evans.
The bill authorizes the Town of Evans to establish a partial residential tax abatement program for the improvement, modification or construction or construction of one to three family homes that raise the assessed value of the property by at least $10,000. During the first year of the program, 50 percent of the assessed value will be abated, to a maximum of $150,000. The abatement is subsequently decreased by 10 percent each subsequent year.
Senator Patrick M. Gallivan (R,C,I – 59th District) announced that legislation (S.5889C / A.8644A) he authored to structurally reform the cost administration of New York State’s Medicaid system passed the Senate Social Services Committee with unanimous support today. Gallivan’s bill -- the subject of much attention in the Capital and across the state -- incrementally transfers the local share of Medicaid traditionally paid by county governments to the state over the course eight years.