From the Morning Memo:

The passage of a bill in the state Senate on Wednesday that permanently extended the state’s cap on property tax increases drew bipartisan praise, as well as backing from the business community and Gov. Andrew Cuomo.

Having the bill’s passage on record could be a boon for Democrats elected last year to moderate swing districts, especially on suburban Long Island.

Kevin Law of the Long Island Association specifically named-dropped Sen. Jim Gaughran, who was elected to a Republican-held district.

“The property tax cap is working and we commend Majority Leader Andrea Stewart Cousins and our Long Island delegation, especially Senator Jim Gaughran, for getting this bill approved,” Law said.

It’s not yet clear if Assembly Democrats will take up the legislation. Speaker Carl Heastie at an unrelated news conference on Wednesday acknowledged the sky-high property taxes in New York, but also noted the conference was sympathetic to the concerns of local governments.

Gov. Andrew Cuomo, meanwhile, urged for the full passage of the permanent cap in a statement.

“This year, while the federal government raises taxes on New Yorkers with its devastating cap on state and local tax deductibility, I once again called on the Legislature to make our local property tax cap permanent to continue our progress easing the burden on New Yorkers,” he said. “I applaud the Senate for heeding my call and supporting this critical tax relief legislation for middleclass families. The property tax cap should be made permanent once and for all by the end of the budget process.”

The bill caps property taxes at 2 percent increases or the rate of inflation, whichever is lower.