CM Dinowitz asks panel about city steps to shift burden from co-op shareholders

So beyond state legislation, which you've mentioned, what steps could the city take?

Because I think you're right.

I think the burden should be on the government, not on the individual shareholder or homeowner to address the costs.

And in particular, in the case of co-ops, it should certainly not be in the burden should not be on individual shareholders who aren't wouldn't otherwise be subject to this tax.

So what steps should the city be taking to the city government be taking to put the burden on them regarding co-ops?

Can we have the mic on, please?

The state legislation sets up the chart of evaluations and it sets up the process as it is now

where the Department of Finance

can bill the, can have the co-op be the collector for them.

So I think we have to work very hard to amend, for amendments to the state law as soon as the state legislature reconvenes, or the new legislature convenes in January.

I don't know, I can't think of specifics that we could do here

without the right state legislation to help with the implementation of this difficult law.

Correct me if I'm wrong.

I would just add that I would invert, if I had a magic wand, I would get the list off the internet immediately.

Right?

I would invert the whole process and allow for the enormity of government to be required to tax the citizens and demonstrate it not the other way around.

I think those basic steps would cure a lot of confusion.

And would be fair.

And I think that's a step in the right direction.

Thank you so much.

Thank you, Chair.

Thank you.