ALBANY - Legislators in Albany have approved a new budget, but a statewide property tax cap was not included in the deal as its future still rests with the state Assembly.
The 2-percent tax cap already passed the state Senate in January by an overwhelming margin. According to Assemblyman Andy Raia (R-Huntington), the bill won't pass the Democratic-dominated Assembly easily.
Raia says Democrats who represent New York City won't back the tax cap unless they get support for their battle on rent control, but some say the two issues shouldn't be tied together.
Gov. Andrew Cuomo (D-N.Y.) supports both a tax cap and rent control, and could put pressure on both sides to reach an agreement.