Hurdles remain in passing property tax cap
Governor Cuomo was in Albany working to move along his post-budget legislative agenda. Among the items he's pledged to deliver: A property tax cap bill. Our Nick Reisman gets us caught up on where things stand.
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ALBANY, N.Y. -- Capping local property taxes is a key goal for Governor Andrew Cuomo this year, but getting a bill through the Legislature may prove difficult.
"I understand there will be a brisk dialogue and I'm ready for it," Cuomo said.
Blocking approval of a cap are concerns over mandate relief. Local leaders say capping property taxes could cripple their ability to provide services because most of their budget is made up of required costs.
Another sticking point appears to be the Senate Republicans. They passed the Governor's bill calling for a proposed two percent cap back in January and they insist any negotiations with the Assembly or Governor would just lead to a weaker measure.
"If the governor wants to negotiate it, or the Assembly wants to negotiate it, that means they want to water it down. So we've passed the hard property tax cap and we hope that the governor just like he did on opposing the continuation on the income tax surcharge, I hope he convinces the speaker to pass our property tax cap, which is the governor's property tax cap," said Senate Majority Leader Dean Skelos.
Passage of a property tax cap was a major plank in Cuomo's platform during last year's campaign. The governor said he would continue to seek the measure despite hesitation from lawmakers.
"I'm going to stick with my proposal on the cap. Do we negotiate these issues? Yes. Are there different opinions on the cap? Yes. And have you new facts and different circumstances on the cap? Yes," siad Cuomo.
Assembly Democrats say they want a tax cap as well. But many lawmakers there are focused on extending rent regulations for New York City and fear the impact of a cap on local school districts.
"We are talking to the governor about the content of it and how we give local communities the realities of what's happening right now, how they're going to pay for education and how we do things," said Assembly Speaker Sheldon Silver.
Cuomo, this month, plans to travel the state to promote his proposed cap, which would limit the annual growth in local property taxes at two percent or the rate of inflation.