The state Assembly is unlikely to vote on a property-tax cap before the state budget is adopted, but they are having a hearing on Gov. Andrew Cuomo’s tax-cap bill.
The Assembly is planning a public hearing March 1 at 10 a.m. in Albany on Cuomo’s plan to limit the growth in property taxes to 2 percent a year.
Assemblywoman Sandy Galef, who heads the Assembly’s Real Property Tax Committee, said the hearing will hopefully foster a debate about the tax cap, which is drawing concerns from the Democratic Assembly conference over its impact on schools and local governments.
“I am for a tax cap,” she said. “Exactly how it looks? I think that could be discussed, and I think a hearing like this opens the opportunity for maybe making the bill better, dealing with some of the more complicated issues.”
Senate Republicans passed Cuomo’s bill on Jan. 31, a day before Cuomo released his budget plan that calls for a $1.5 billion cut to schools.
The cap is expected to face some changes in the Assembly, whether that’s increasing the growth of taxes higher than 2 percent or trying to put in some exemptions, such as pension and health-care costs.
Cuomo’s cap has few exemptions, and he has warned that exempting pension and health-care costs would make the cap ineffective.