JUST IN: Gov. Hochul signed a $220 billion budget, boosted by federal aid and a surplus. Here's a look at what's in the budget. NewYork
Disagreements over policy issues held up passage of the spending plan over a week past an April 1 deadline. The budget has often served over the decades as a vehicle for passing major policy legislation, and this year is being used to tackle issues expected to resonate with voters during an election year.
New York is also set to decrease tax rates for the middle class by $162 million by April 2023, instead of waiting until 2025 to fully phase in those long-planned tax cuts.The budget would follow through with Hochul’s proposal to give judges more power to jail people who were repeatedly ticketed for minor theft or property damage offenses.
New York is also set to add more firearm possession crimes to the list of offenses that could land people who can’t afford bail behind bars.New York will cut state gas taxes by 16 cents a gallon from June 1 until the end of the year in response to soaring gasoline prices, with the state asking counties to consider doing the same.Liquor and wine are set to be available for take-out and delivery for three years, as long as the purchase includes a “substantial food item.
Hochul defended the deal as needed to ensure the Bills franchise doesn't leave New York, telling the news program “Capital Tonight” on Friday she has a “very solid wall” between her work and her husband’s.The spending plan directs $250 million to help New Yorkers with unpaid utility bills and $925 million for landlords struggling with overdue rent amid the pandemic.
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