The Republican-controlled Senate plans to vote today on Gov. Andrew Cuomo’s proposal to limit annual property tax increases to 2 percent or the rate of inflation.
The Senate also plans to take up a series of controversial rules changes that Democrats believe will create an end-run around the constitution by diminishing the powers of the lieutenant governor.
After that, lawmakers will huddle with the governor at the Executive Mansion to be briefed on the state budget at around 7 p.m
If the cap is approved, the pressure would be on the Democratic-led Assembly to pass a cap, which polls show has overwhelming support among New York voters.
Sheldon Silver, the powerful Assembly speaker from Manhattan who has historically oppose tax caps, indicated earlier this month he would back property-tax relief in some form this year.
“Now’s the time for Shelly Silver to show he’s serious about a tax cap and it wasn’t just a fleeting moment that aliens from Mars took over his body,” said Sen. Greg Ball, R-Patterson, Putnam County.
Cuomo pushed during the campaign for a cap on local property taxes in New York, saying the levies have grown beyond control and are forcing people from their homes.
Westchester County residents are saddled with the highest property taxes in nation and taxpayers in Monroe County pay the highest property taxes in relation to home value, according to the Tax Foundation.
A spokeswoman for Silver said Sunday afternoon the Assembly would work with the Senate to control property taxes.
“The speaker stated at the State of the State that the Assembly is committed to passing a property-tax cap bill,” said Sisa Moyo, a spokeswoman for Silver. “We look forward to working with the governor and our colleagues in the Senate on this issue in the upcoming budget.”
Cuomo spokesman Josh Vlasto said in a statement sent last night that, “Passing a property tax cap is a top priority for Governor Cuomo so homeowners across the state can finally see some relief.”