BUFFALO, N.Y. - It may be wildly popular, but a statewide cap on local property taxes may never become law in New York.
The measure, proposed by Governor David Paterson, would forbid local governments from raising property taxes by more than four percent annually. The Senate already has passed the measure, but it has languished in the Assembly.
The Albany Times-Union cited a poll indicating 76 percent of new Yorkers favor the cap.
"The Democrats who are in the Majority in the Assembly are in denial," said South Buffalo Assemblyman Mark Schroeder (D), a strong supporter of the cap.
Schroeder believes the bill is not moving forward because the Assembly is dominated by members from New York City, where most residents rent instead of own.
The public unions, including the New York State United Teachers union, are vehemently against the cap, saying local districts should ultimately decide their fate, not Albany.