NY passes bill for tax relief for Sandy victims

[hrmjustin]

AP

ALBANY, N.Y. — 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.

http://online.wsj.com/article/AP5f2b864a8d784b41bfd720ad5d718079.html