Governor Hochul Signs $268.5 Billion New York State Budget
Governor Kathy Hochul signed a $268.5 billion spending plan on Thursday, May 28, ending a nearly two-month legislative logjam. The budget includes car insurance reforms, a new pied-à-terre tax, the establishment of buffer zones around houses of worship, and limits on local cooperation with federal immigration authorities. It also rolls back certain environmental review processes tied to housing development. While the Governor hailed the budget as an ambitious agenda to lower costs and create opportunity, some lawmakers expressed disappointment. Assemblymembers Rivera and Paulin criticized the failure to address a projected $2.3 billion annual health coverage gap, arguing that necessary funds had already been set aside in the January budget.
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In late March, Assemblymember Amy ... these New Yorkers, which one report estimated would cost $2.3 billion annually. Both bills racked up dozens of co-sponsors, who also signed onto a recent letter imploring Hochul to support the bills. The governor has said that no state can afford to backfill federal cuts. The letter, co-authored by Rivera and Paulin, argued that the governor had already set aside the needed funds in her January budget ...
Governor Kathy Hochul officially signed the budget on Thursday, May 28. It is worth $268.5 billion. “We delivered an ambitious agenda that will lower costs for hardworking families, keep New Yorkers safe and create opportunity for all,” said Gov.
A look at the N.Y. state budget after it finally passed both legislative houses
ALBANY, N.Y. — Just before midnight Wednesday, the New York state budget passed both houses of the legislature. Now, all that remains is the governor's signature on the remaining bills. The $268 billion spending plan is the latest one in 16 years. The timeline to get this done was tight, as the legislature is scheduled to leave Albany for the year on June 4. Gov. Hochul ...
Gov. Kathy Hochul joined “Inside City Hall." (Spectrum News NY1) ... On Wednesday night, lawmakers in Albany signed off on a $268.5 billion state budget — nearly two months past the deadline. It marks the latest state budget New York has had in 16 years.
It marks the latest state budget New York has had in 16 years. The final agreement includes rolling back the state’s climate law and environmental review process tied to housing development. It also features car insurance reforms, limits local cooperation with federal immigration authorities and establishes a “buffer zone” around houses of worship. The budget also includes a number of wins ...
Kathy Hochul is the big winner in the contest of wills known as the state budget negotiation. Because of a constitutional advantage, the governor in New York starts the year with two powerful aces: She sets the agenda with her State of the State address; and, as we have seen over the past five ...
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