Montesano: Property Tax Cap Close To Becoming A Reality

State Assembly Poised to Take Up Two Percent Cap
May 24, 2011

Assemblyman Michael A. Montesano (R,I,C-Glen Head) welcomes the Assembly Majority’s new-found eagerness to address a property tax cap. Speaker Sheldon Silver has introduced a property tax cap measure that would implement a two percent cap on property tax increases. Montesano and his colleagues in the Minority Conference have long been proponents of property tax cap legislation and have consistently advocated on behalf of taxpayers for relief.

“From the beginning, I have supported property tax cap legislation that would provide New Yorkers with a much-needed break from the high tax burden,” said Montesano. “I am glad to hear that the Assembly Majority is finally joining our Conference, the governor, and the state Senate in providing an incentive to live, work and do business in this state. I look forward to considering the details of Speaker Silver’s legislation and moving forward on the cap. I also am hopeful that we will continue to work toward providing relief to school districts and localities that struggle with costly unfunded state mandates.”