Assemblywoman Sandy Galef’s bill to establish a blue ribbon commission on property tax reform (A.3005/S.1052 Galef/Little) has received support of the New York State Taxpayers Union.
The grassroots taxpayers organization said it has placed property tax reform at the top of its list of must-address issues this legislative session and believes that New York State must look at the systemic reforms needed to correct the root causes of the property tax problem.
Assemblywoman Galef explains: “In the past 5 years, real property taxes in New York have increased 42%, making our property tax burden the fourth highest in the country. This burden is causing the flight of many citizens, while discouraging others from settling here and driving away vital resources and business. Before providing much needed relief, it is first necessary to study the current system and the feasibility of alternatives.”
The Galef bill will establish an eleven member Blue Ribbon Commission to examine and make recommendations on specific areas of reforms for local government and school systems with the goal of reducing property taxes. The Commission will report its findings to the Governor and Legislature by December 1, 2007. It also will be responsible for including legislative proposals to reduce the burden of property taxes.
For more information on the bill, contact Galef’s office at 914-941-1111.