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Property Tax Cap Proposal Appears May Be Dead

By Mark Scott

Albany, NY – A proposed property tax cap supported by Governor David Paterson is unlikely to even reach the floor of the Legislature this session.

Seventy-two percent of New York residents say they support a four percent cap on property tax increases. But the state's biggest teachers union, New York United Teachers, is working to kill the proposal.

Union leaders argue such a cap would hurt schools despite record state aid increases. They say the cap would affect classroom instruction and slow some recent progress improving student performance.

But Nassau County Executive Tom Suozzi, who headed Paterson's property tax commission, says that after years of rising taxes, the time for a cap is now.

Neither Senate Majority Leader Joseph Bruno nor Assembly Speaker Sheldon Silver support Paterson's proposal, which means legislators are likely to end their current session later this month without voting on the issue.