Oaks Sponsors Bill To Repeal 2% Utility Tax Hike
Assemblyman Robert Oaks (R,C-Macedon) today announced his sponsorship of legislation that will repeal the 2% utility tax hike which was established in this year’s budget. The tax was one of 138 added by the state legislature in the 2009-10 New York State budget. The tax has been added directly on to customer bills effective July 1, 2009.
“I voted against this year’s state budget,” said Assemblyman Oaks. “I didn’t like this fee or the other tax and fee hikes when they were pushed through in the budget and I don’t like them now. This new tax is especially onerous because it increases New York’s already excessively high utility rates, which are among the highest in the nation.”
The legislation that Assemblyman Oaks sponsored seeks to repeal the 2% additional increase which currently stands to be in place for five years. A typical family of four is expected to see their bill increase $114 each year. Statewide, it is expected to generate $520 million over five years.
“I encourage my colleagues in the Assembly and the Senate to join me in supporting this legislation to repeal the utility tax,” stated Oaks. “When New York State increases taxes on utilities, these costs ultimately get passed on to individual users and the consumer gets stuck paying higher bills. This is an unnecessary burden on taxpayers struggling to make ends meet in our current economy.”