Property tax rebate checks should be all done this month – Times Union
The credit would cover half of their Thruway toll costs, and the Cuomo administration estimates more than 911,000 motorists would save $97 annually. If the toll credit is the solution, what exactly is the problem?” asked E.J. McMahon, president of the Empire Center, a fiscally conservative think tank. “The Thruway is a vital artery for commerce and transportation throughout Upstate, so we are going to deliver major toll relief to New Yorkers,” Cuomo said when he announced the plan. […] at the hearing, legislators were told that about half of the estimated 2 million property tax rebate checks going out to homeowners for this year have already been sent and state tax officials think they can finish sending the rest by the end of February. The checks are available for homeowners with incomes below $500,000 and cover the year-to-year increase by the given taxing district, as long as it remains within the state cap of 2 percent or the Consumer Price Index, whichever is lower.
Source: Property tax rebate checks should be all done this month – Times Union
Posted: February 3rd, 2016 under General News, State Government News.