Cuomo, NY leaders agree on tax cap, rent control

Gov. Andrew Cuomo and the leaders of the state Senate and Assembly announced an agreement on key issues Tuesday that will affect homeowners, renters and

At the top of the list is an extension of the 2 percent property tax cap and rent control for four years.

At the top of the list is an extension of the 2 percent property tax cap and rent control for four years. (6/23/15)

ALBANY - Gov. Andrew Cuomo and the leaders of the state Senate and Assembly announced an agreement on key issues Tuesday that will affect homeowners, renters and all New York residents.

At the top of the list is an extension of the 2 percent property tax cap and rent control for four years.

The agreement also includes other measures like increased aid to non-public schools and a $1.3 billion property tax rebate program.

Hicksville mom Joanna Vicerra told News 12 that the cap has been great for her family. She says her taxes have only gone up a couple hundred dollars a year. However, she says  her family will have to leave Long Island if Albany doesn't make it permanent.

"If they do something about it, absolutely, I'm going to stay," said Vicerra.

advertisement | advertise on News 12

Top 5 Must See

The high winds expected with the nor'easter could 1 South Shore communities prep for nor'easter
Police say three men were rescued when their 2 3 rescued when boat capsizes off Mount Sinai
Police say 53-year-old Ruthie Shuler is also diabetic 3 Holbrook woman with memory loss goes missing
4 East End: North Fork Chocolate Company
Police say a Hempstead man was driving drunk 5 Police: Man drives drunk, crashes with teen in car

advertisement | advertise on News 12

More News

Supporters say it has saved state voters $7.6 New push to make state property tax cap permanent

There is a new push in Albany to make the state property tax cap a

Gov. Cuomo called on lawmakers to extend the Gov. Cuomo touts property tax cap success on LI

Gov. Andrew Cuomo made a stop in Seaford Wednesday to tout the state's property tax

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE