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Hope for tax 'stability' in Cuomo LIPA plan?

Gov. Andrew M. Cuomo before delivering his state

Photo credit: Patrick E. McCarthy | Gov. Andrew M. Cuomo before delivering his state of the state and budget message at SUNY Old Westbury. (Feb. 14, 2013)

Gov. Andrew M. Cuomo's proposal for restructuring LIPA includes a little-noticed plan for property tax "stability" that Long Island officials hope could mean an end to the authority's lawsuits challenging the high taxes for local power plants.

Huntington Supervisor Frank Petrone said his office has been in contact with the governor's staff to request that a tax grievance the Long Island Power...

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