"This is a great victory for all homeowners and is yet another tool to help local taxpayers save more off their taxes," said Assemblyman Tom Alfano as he celebrated the governor's signing of legislation he sponsored with Assemblyman Tom DiNapoli that will save taxpayers hundreds of dollars off their property tax bills by slowing tax shifts from commercial properties to residential homeowners. The tax shifts were a result of the new assessment system. "The bottom line is that the tax shift has been slowed even more and that results in lower tax bills for homeowners." FULL STORY