Assemblyman Brian Curran (Lynbrook – 14th AD) is calling on the Assembly Majority to bring property tax cap legislation to the floor for a vote.
Under the current tax system, Nassau County residents are paying, on average, more than $8,478 in annual property taxes. “Families will not be able to afford living on Long Island much longer,” Curran said. “Property taxpayers need relief now. A cap of 2 percent will generate funding for localities while preventing the huge increases of the past from being imposed on homeowners.”
In a recent Siena poll, property taxes were rated the top statewide concern among New York State residents. On Long Island, 60 percent of property taxes go directly to school funding.
“It’s important that we not forget about our local businesses,” Curran said. “With property taxes representing 34 percent of the taxes small businesses pay, it’s not hard to understand why there are empty stores and warehouses. We are driving jobs out of Nassau County by imposing such oppressive taxes on our small-business owners.”
Passage of a property tax cap will open the discussion for bringing meaningful and long overdue relief to school districts and local governments currently being forced to increase their tax levies in order to pay for state-mandated programs over which they have no control.
“The New York City-dominated Assembly Majority is completely ignoring any measure to bring much-needed tax relief to homeowners throughout New York State,” Curran said. “If this property tax relief measure is passed, the momentum will be on our side to push for meaningful mandate relief. Enacting major mandate relief will, in turn, make property tax reform easier on local schools and government.”