Mangano Joins Governor Cuomo As He Signs Historic Property Tax Cap Legislation

Protecting Homeowners and Businesses from Skyrocketing Property Tax Hikes

Nassau County Executive Edward P. Mangano today joined Governor Andrew M. Cuomo as he signed the historic property tax cap legislation at the home of Nassau County residents, James and Janet Gannon in Lynbrook. Under the new law, property tax increases will be capped at 2 percent or the rate of inflation, whichever is less. Local communities and local voters could override the cap with a 60 percent vote on the budget for school boards or relevant legislative bodies.

“For Nassau residents, a long-overdue property tax cap is among the most important accomplishments of Governor Cuomo's first 6 months. This plan will put an end to sky-high property tax increases and will help our state get back on the right financial track. I supported the Governor's tax cap during the campaign, I supported it during the legislative session, and I support it now that it's about to become law. This is a great moment for Nassau County and for all of New York State,” said County Executive Mangano.