Property Tax Reform
The State Senate Finance Committee this week reported to the floor legislation identified as a priority by the NYSTU. A.3005 / S.1052 would establish a blue ribbon commission on property tax reform to examine, evaluate and make recommendations on alternatives or modifications to the existing real property tax system. The Assembly bill was reported from the real property taxation committee in January and remains in Ways and Means.
NYSTU supports the proposal and hopes that such an endeavor will finally convince lawmakers to adopt a common sense approach to property tax reform and abandon their push to expand STAR.
NYSTU supports any plan that would facilitate the State Senate and Assembly taking a comprehensive look at this problem. We believe that doing so is not mutually-exclusive to endorsing fundamental and systemic reforms of our tax system -- and the NYSTU will continue to do both.
With less than 30 days remaining in the regularly scheduled 2007 State Legislative Session, its more important now than ever for the taxpayer community to get behind a reform proposal. NYSTU encourages all interested taxpayers and taxpayer groups to call their state Senators (518) 455-2800 and Assembly members (518) 455-4100 and ask them to pass this important proposal before the end of session.
Source: New York State Taxpayers Union