Join The Effort To Revitalize New York
Senate Republican colleagues to launch a bold and expansive plan to allocate over $3 billion in settlement funding secured against French bank BNP Paribas for its repeated violations of United States sanctions. This comprehensive investment plan will accelerate planned tax cuts, make key infrastructure investments and provide historic assistance to local schools and property taxpayers to help create new jobs across our state and provide much needed relief to our residents.
The most important component of the plan for Senator Flanagan, as the Chairman of the Senate Education Committee, is the proposal to completely eliminate the damaging and highly controversial Gap Elimination Adjustment (GEA). The GEA - a multi-year, multi-billion dollar budget-cutting scheme enacted by Senate Democrats in 2010 - has severely impacted hundreds of school districts and millions of property taxpayers throughout the state. The plan that Senator Flanagan supports would fulfill his effort to fully restore the funding that schools across the state lost due to the GEA.
“The single most important responsibility of the state is to properly fund education for our children. And the most effective way to accomplish that is to eliminate the Gap Elimination Adjustment, which the Senate Democrats imposed on New York taxpayers. The sooner we do that, the sooner everyone benefits,” stated Senator Flanagan. “This settlement provides a unique opportunity to provide legitimate and significant tax relief to property taxpayers across the state and enhance funding for public education.”
The proposed plan being advanced by Senator Flanagan and the Senate Majority will build on the efforts they have undertaken over the past four years by helping to reverse the devastating economic damage caused in 2009-10.
Please join Senator Flanagan in calling on Governor Cuomo and the Assembly to use the $3 billion settlement funds to invest in New York’s future by entering your information below.