Nassau County officials are seeking approval to borrow $300 million to pay down a $360 million backlog of tax refunds, arguing that the move finally would allow the county to attack a pile of debt that is accruing interest at rates of up to 9 percent a year. County officials say they plan to seek approval from the Republican-controlled legislature in September to borrow $100 million this year to pay past tax certiorari claims that total $360 million.
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In mid-December, commercial property owners in Nassau County got an early holiday surprise when thousands of them received notices from the county Department of Assessment claiming that they each owed thousands of dollars in penalties and fines for an alleged failure to electronically file income and expense statements. Once again, the Nassau County Legislature has demonstrated that the county is in some type of competition to win the award for being one of the most business unfriendly communities in the U.S. The local law is so demonstrably invalid that it is apparent that its passage was intended as a money grab to fill a budget hole.
Long Island Congresswoman Kathleen Rice is the first Democrat to call for a change in House leadership following the election. Rice said she won't endorse Minority Leader Nancy Pelosi.
U.S. Sen. Charles Schumer stands with officials from NuHealth and Nassau County in East Meadow as he calls on Congress to pass a bill to help combat the Zika virus on Monday, July 11, 2016. Photo Credit: Howard Schnapp U.S. Sen. Charles Schumer stands with officials from NuHealth and Nassau County in East Meadow as he calls on Congress to pass a bill to help combat the Zika virus on Monday, July 11, 2016.