Governor Cuomo signs into law bill limiting shift in tax burden between residential and commercial properties in Orangetown

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On August 2, Governor Cuomo signed into law a bill limiting the shift in tax burden between residential and commercial properties in Orangetown to no more than 1% from the previous year. Assemblywoman Ellen Jaffee (D-Suffern) and Senator David Carlucci (D-Rockland /Westchester) introduced the Homestead Bill, helping businesses and homeowners have more predictable tax changes that allow them to budget properly. The Town has expressed its gratitude to Alex Betke for his good work to secure passage of the bill by the NYS Senate and Assembly.

 

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