Sentences with phrase «cap sunset date»
Assuming Cuomo successfully proposes erasing the tax cap sunset date — with no other caveats or conditions — he will have assured that he leaves behind an enduringly positive legacy for New York local taxpayers.
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Cuomo could keep his latest promise merely by retaining the link to rent control and adding a few years to the sunset date — leaving the cap's ultimate fate in the hands of his successor.
Silver seemed particularly delighted during the news conference as Senate Majority Leader Dean Skelos struggled to say whether he supported the new cap (Skelos later released a statement saying he endorsed the plan and that only the sunset date and «minor technical details» separated» them).
Skelos has said that a putting a sunset date on the tax cap is a deal killer.
Senate Republicans say the possible sunset date coinciding with rent control complicates the agreement, but remain confident a cap will stay in place.
Cuomo embraced the property - tax cap proposal put out by Assembly Speaker Sheldon Silver, which kept the 2 percent ceiling, but included a sunset date tied to rent control for New York City.
The date would resume after sunset — cocktails at the MARLTON, a sushi dinner at the original NOBU and a night - cap at THE BRANDY LIBRARY.