Rochester, N.Y. – The Greater Rochester Chamber of Commerce is joining a coalition of groups calling for the two percent property tax cap to be made permanent.
Calling itself the Tax Cap Coalition, the group is pushing for action to be taken this legislative session.
Under the law, which was enacted in 2011, growth of school and local property taxes are capped at two percent or the rate of inflation – whichever number is less.
Governor Cuomo pushed for a permanent cap while in Rochester last week. He claims the cap has saved the state $25 billion.
In a statement, Greater Rochester Chamber of Commerce President and CEO Bob Duffy said, “Families in the Rochester and Finger Lakes region still need relief from some of the highest property taxes per capita in the nation. Those who complain about high taxes in New York State should not refuse to support the tax cap. Rochester Chamber hopes that the Legislature understands this and makes the tax cap permanent.”
Other groups in the coalition include the Long Island Association, The Business Council of New York State and The Business Council of Westchester.
For more information on the Tax Cap Coalition, click here.