ALBANY, N.Y. (AP) - Lawmakers have passed legislation proposed by New York Mayor Bill de Blasio that would prevent higher tax bills for city residents who rebuilt or repaired their homes after they were damaged by Superstorm Sandy.
The state Senate unanimously passed the bill Tuesday and The Assembly passed the legislation unanimously on Monday. The bill now moves to Gov. Andrew Cuomo’s desk to await his signature.
De Blasio, who announced the bill last month during a visit to Albany, said that people who put money into their homes because of storm damage could see their property tax bills rise because of higher assessed valuations.
After the passage, the Democrat released a statement thanking the Senate for moving quickly and said he’s looking forward to working with Cuomo to make the bill law.
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