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Council Member Sandy Nurse advocates for retroactive property tax exemptions
1:19:54
ยท
39 sec
Council Member Sandy Nurse urges colleagues to support Resolution 327, which calls on the state to allow retroactive application of property tax exemptions for eligible property owners. She emphasizes the need to address issues in the property tax system while ensuring fair taxation.
- Highlights recent council reforms to property tax enforcement
- Argues that the city should not benefit from people paying more than they rightfully owe
- Frames the resolution as an interim measure while working towards fixing the "broken property tax system"
Sandy Nurse
1:19:54
Last year, the council made dramatic reforms to property tax enforcement that will likely prevent many liens from being sold, but there are still people who are eligible for, but do not benefit from property tax exemptions.
1:20:07
Reso three two seven draws attention to this problem by calling on the state to pass legislation allowing property owners who receive tax exemptions to have the exemption apply retroactively where eligible.
1:20:19
We do need to fix our broken property tax system, but in the meantime, New York City should benefit from people paying what they shouldn't shouldn't benefit from people paying what they shouldn't rightfully owe.
1:20:29
I call on all my colleagues to vote in favor of this resolution.
1:20:32
Thank you, majority leader.