The Democratic-led Assembly’s budget resolution to be approved later today does not include a permanent extension of the state’s cap on property tax increases.

Don’t read too much into that, Assembly Speaker Carl Heastie said Wednesday morning in an interview with WCNY’s The Capitol Pressroom.

Heastie in the interview noted the cap does not expire until next year. At the same time, the cap, which limits property tax increases at either 2 percent or the rate of inflation, is unlikely to be repealed.

“I don’t envision a scenario where it isn’t in effect,” he said in the interview.

But the cap in the past has been tied to rent control regulations, which are due to sunset in June.

Gov. Andrew Cuomo has called for a permanent extension of the cap included in a final budget agreement.

He is stumping for the issue today in Westchester County and on Long Island. Cuomo has said that making the cap permanent is especially key now given the $10,000 limit the federal government has placed on state and local tax deductions.

“I want to make the property tax cap now permanent because I want to be able to say to homeowners, to businesses, feel confident,” Cuomo said at the Suffolk County event. “This government is working with you and we’re not going to increase your taxes, you’re in the right place, we know that there’s instability but stay where you are, we’re going to get through this. We’re going to make the property tax cap at two percent permanent so you can bank on that. That’s what we’re going to do.”

The state Senate in February approved a permanent extension of the tax cap as a standalone bill.