Suburban Democratic senators, including Long Island's Craig Johnson, pushed for
some form of a property tax cap.
Not exact matches
One possibility holds that lawmakers, especially in the Assembly, might agree to some
form of Empowerment — a move that would offset the criticism they might receive for doing nothing on the
property tax cap.
Those groups
formed a coalition this year with the goal
of stripping away mandates in order to comply with the 2 percent
cap on local
property tax levy increases.
Some
form of mandate reduction is needed in order for key suburban lawmakers in both parties and both houses to support a 2 percent
property tax cap as being proposed by Gov. Andrew Cuomo.
The bill in its current
form could
cap the deductability
of mortgages at $ 500,000 and
of property taxes at $ 10,000.