New York’s state budget expected to be late as housing, education negotiations continue
8 months, 3 weeks ago

New York’s state budget expected to be late as housing, education negotiations continue

Associated Press  

ALBANY, N.Y. — New York’s state budget deadline will be pushed back to next week as negotiations over housing and education are ongoing, Gov. Lawmakers appear cautious to avoid the kind of blowup that delayed last year’s spending plan by more than a month as Democrats fought over bail laws and a plan to spur housing construction. There has also been a split over Hochul’s proposal to raise criminal penalties for assaulting retail workers, part of her larger strategy to address crime concerns in the state. Legislative leaders rejected her plan not long after it was announced, arguing the state already has laws against assault and said enhancing penalties won’t stop crimes.

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Hochul announces budget outline as lawmakers continue to hash out details
8 months, 1 week ago

Hochul announces budget outline as lawmakers continue to hash out details

Associated Press  

ALBANY, N.Y. — New York Gov. Kathy Hochul on Monday announced the framework of a $237 billion budget that includes broad plans to drive new housing construction, address the influx of migrants and crack down on illegal marijuana shops. “You can’t get to the legislature for consideration unless we have agreement on the package to go forth,” Hochul told reporters …

An ambitious plan to build new housing continues to delay New York’s state budget
8 months, 1 week ago

An ambitious plan to build new housing continues to delay New York’s state budget

Associated Press  

ALBANY, N.Y. — New York’s state budget is poised for another delay as backroom negotiations over a sweeping proposal to drive new housing construction continue to hold up the spending plan. Last year, she was unable to push through a plan to create 800,000 new homes in the state after pushback from suburban lawmakers axed the proposal. Now, the governor …

New York lawmakers push budget deadline again as they negotiate over spending
8 months, 2 weeks ago

New York lawmakers push budget deadline again as they negotiate over spending

Associated Press  

ALBANY, N.Y. — New York lawmakers gave themselves more time to negotiate over the state budget by voting Thursday to temporarily extend the deadline for the final spending plan, ensuring the National Guard gets paid and state operations run smoothly. Last year, lawmakers blew past the budget deadline by almost a month, largely because of disagreements over changes to the …

New York’s budget season starts with friction over taxes and education funding
9 months, 1 week ago

New York’s budget season starts with friction over taxes and education funding

Associated Press  

ALBANY, N.Y. — New York Democrats who control the state Senate and Assembly have released their budget proposals for the year, setting up potential battles with Gov. Hochul unveiled her own budget proposal in January, pushing lawmakers to spend $2.4 billion to address the city’s migrant influx as well as new programs to combat retail theft — both sensitive political …

NY lawmakers begin debating budget 1 month after due date
1 year, 7 months ago

NY lawmakers begin debating budget 1 month after due date

Associated Press  

ALBANY, N.Y. — New York lawmakers began voting Monday on a $229 billion state budget due a month ago that would raise the minimum wage, crack down on illicit pot shops and ban gas stoves and furnaces in new buildings. State Senate Majority Leader Andrea Stewart-Cousins said she expected voting to be wrapped up Tuesday for a budget she said …

New York Gov. Kathy Hochul Comes Up Empty On Housing In State Budget
1 year, 7 months ago

New York Gov. Kathy Hochul Comes Up Empty On Housing In State Budget

Huff Post  

Speaking about the failure of her housing plan, New York Gov. Kathy Hochul announced an ambitious plan to increase New York’s housing supply in February, she framed it as a response to a “housing crisis that requires bold actions and an all-hands-on-deck approach.” In her New York Housing Compact, Hochul proposed building 800,000 more housing units over the next decade …

Hochul’s $227B budget helps NYC transit, migrant response
1 year, 10 months ago

Hochul’s $227B budget helps NYC transit, migrant response

Associated Press  

ALBANY, N.Y. — New York Gov. Kathy Hochul proposed dramatic spending to help New York City handle a wave of international migrants and to stabilize its reeling public transit system with her $227 billion state budget Wednesday, even as she warned of tougher economic times ahead. Hochul called for $1 billion in “extraordinary funding” to provide services and help with …

Hochul budget would boost school aid, offer tax relief
2 years, 11 months ago

Hochul budget would boost school aid, offer tax relief

Associated Press  

ALBANY, N.Y. — New York would boost state school aid, provide sweeping property tax relief and deliver bonuses to health care workers over the next year if lawmakers pass a $216.3 billion budget outlined by Gov. New York raised taxes on high earners and corporations last year with plans to use millions in new tax revenues to keep increasing the …

Hochul, lawmakers weigh spending amid calls for COVID-19 aid
2 years, 11 months ago

Hochul, lawmakers weigh spending amid calls for COVID-19 aid

Associated Press  

ALBANY, N.Y. — Millions of New Yorkers should expect tax relief, thanks to the next state budget, but it’s far from clear how the state will use billions in rising tax revenues this year. The state comptroller, Democrat Tom DiNapoli, and fiscal watchdog groups are urging New York to set aside money to prepare for another economic catastrophe and the …

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