A property tax cap hasn't even passed both houses yet (as of late Thursday), and already the state Senate has slipped through a bill that would allow school districts to circumvent it. The measure immediately was referred to the Assembly Ways & Read More
A 2016 expiration date was, indeed, added to the agreed-upon property tax cap provisions of the monster omnibus bill now being cooked up in the Legislature. However, based on information provided in the past hour by the governor's office and the Se Read More
This quotes Assembly Speaker Sheldon Silver as saying the agreed-upon property tax cap will expire in five years. If that's true, the cap is not worth the paper it's written on--since, as explained and , one house of the Legislature will be able Read More
The end-of-session sausage-making machine is moving into high gear in Albany, where the state Senate's Republican majority has cooked up a of spicy meat and meat substitutes, including a property tax cap, New York City rent regulations, permanent lo Read More
A important breakthrough on the property tax cap issue came last week when Assembly Speaker Sheldon Silver introduced a bill that conforms in key respects to Governor Andrew Cuomo's original proposal. Read More
Taxpayers from around the state held a small but boisterous rally in Albany today to show support for Governor Cuomo’s proposed 2% property tax cap, which has been passed in the state Senate but is stalled in the Assembly. Read More
Proposed school tax levies in New York for 2011-12 would rise by an average of 2.9 percent**, well above Gov. Cuomo's proposed 2 percent tax levy cap, according to the Property Tax Report Card released this morning by the state Education Department. Read More
Today's Buffalo News reports that Gov. Cuomo is signaling a willingness to water down his property tax cap proposal. Most alarmingly, the News says Cuomo "privately told lawmakers this week that the list of expenses exempt from any limit probably will... Read More