Historic Tax Relief !!! (A.40002) was passed in a special legislative session December 8, 2011.
The new tax code reduces the tax rate for 99% of hard-working New Yorkers and creates the opportunity for job growth.
In addition, millionaires and billionaires will pay their fair share of our tax burden.
This collaborative effort will result in more funds to restore school cuts, create jobs and reduce the budget deficit.
This is the largest tax cut for middle class New Yorkers in over forty (40) years.
An $86,000 grant provided to the Hempstead Police Department in 2005 for the sole purpose to purchase vests for Hempstead police officers saved the life of one of our “finest.”
Most recently, a Hempstead police officer, while on duty, was shot twice. The second bullet lodged in the back of his vest. Without the vest, the officer would have died.
Statistics show that officers who wear vests have a 70% chance of survival.
Our gratitude to the brave men and women who put their lives on the line for us each day. I am grateful that the vest did its job.
This legislation is good news for small businesses by lifting the onerous financial burden and enables us to create a more business-friendly climate.
For the self-employed who earn less than $50,000 per year, the tax is completely eliminated. It also exempts schools, both public and private. Many small businesses will also see a considerable decrease in their tax burden, including companies with payrolls up to $1.75 million.
This is a step in the right direction for all New Yorkers and a harbinger of a brighter economic picture.
Five million of this award is for the sole purpose of renovating the Hempstead Village sewage system.
The Hempstead Village system is over 80 years old and is in jeopardy of collapse.
This infusion of $5 million dollars will address and arrest the concerns of all Hempstead residents to our health and well-being on the Heights, the Hill and all communities in the village.
Do not confuse the State award of over $100 million as funds for the Village Renaissance project. These funds are for the Sewer Infrastructure and the related Stony Brook/Hofstra project only.
It is important that our future generation have opportunities to prepare them for valuable work experiences.
The new program will provide incentives to businesses to hire and train young people, meanwhile, giving them productive use of their time.
The Assembly’s legislation grants a tax break to companies that hire at-risk or disadvantaged youths between the ages of 16 and 24 during the first six months of 2012. The credit will be available to those companies who work in the clean energy, health care, advanced manufacturing and conservation fields.The companies will be eligible to receive up to $3,000 during the six-month training period for the new hires and could earn an extra $1,000 if they retain these new employees for an additional six months after the training has ended. The tax credit program will be administered by the Department of Labor with employment beginning before July 1, 2012.
Tarina Bradshaw is the recipient of an eight thousand dollar ($8,000.00) scholarship from the Association of Black and Puerto Rican Legislators, Inc.
Tarina, a 2010 graduate of Hempstead High School, is pursuing a Bachelor of Arts Degree at New Paltz State University, New Paltz, New York. She is the daughter of proud parents, the Rev. Joe and Melvina Bradshaw and the twin sister of Sarina.
She shall receive two thousand dollars ($2,000.00) each year for four years.
LOCAL TAXESHempstead Village:
Date: November 1 – November 10, 2011
Telephone: (516) 377-2301
Appeal Date: January 1 – January 30, 2012