“The Assembly’s position on the property-tax cap is a non-starter,” said Cuomo spokesman Josh Vlasto.
But the governor’s office didn’t say anything about whether there should be exemptions to the tax cap, which is the other piece the Assembly is exploring — particularly excluding burgeoning pension costs for schools and local governments that would have to live under the cap.
Cuomo’s tax-cap bill, which passed the GOP-led Senate, has few exemptions, mainly for capital construction projects. He has warned that excluding pension costs, or health-care costs, would water down the bill and make the cap ineffective.
Some Democratic Assembly members said yesterday that having a three-to-five year sunset on the tax cap makes sense. It would allow the Legislature to evaluate the effectiveness of the cap and determine how schools and local governments were being impacted by it.
Assembly Speaker Sheldon Silver, D-Manhattan, said earlier this week that Democrats will submit their own property-tax-cap bill. It has yet to appear.