Skelos said he didn’t believe his opposition to a sunset clause would scuttle the ongoing negotiations, but his stance could prove to be an obstacle in getting a deal done before the June 20 end of the legislative session.
Skelos suggested his concern about the sunset is that it could leave businesses and residents uncertain if the tax cap was set to expire.
“There has been no real discussions on the cap,” Skelos told reporters after initially making his comments today about the sunset clause this morning on WOR-710.
“I feel very strongly about the sunset for businesses who are looking to make decisions, whether to locate, staying the state. For families, it’s critically important. I’m also convinced that we’re going to work out any problems we have. That’s my position, but we’re work it through.”
Cuomo and Assembly Speaker Sheldon Silver, D-Manhattan, announced a tax-cap deal two weeks ago that would include a sunset clause that is tied the expiration of rent-control laws in New York City and its suburbs. No length of time has been determined; rent-control laws expire June 15.
Cuomo also initially rejected a sunset for a tax cap, but ultimately agreed to one.