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For Release — February 20, 2013

Business Council Statement on NYSUT lawsuit challenging the state's two-percent cap on property tax

ALBANY—“The Business Council is a longstanding supporter of a property tax cap. We see the cap as an essential protection for both individual and business taxpayers against extremely high and fast-rising property taxes. It sends a signal to citizens and business leaders that the state is serious about controlling the cost of government and rebuilding our private sector economy. We believe the cap, adopted with the Governor's leadership and with broad, bipartisan support in both the Senate and Assembly, will be upheld in the courts,” said Heather Briccetti, president and CEO of The Business Council of New York State, Inc.