NY set to hike taxes on rich, boost spending as budget passes senate, assembly

News

ALBANY, N.Y. — New York is set to spend billions of dollars of federal funds over the next year on schools and relief for struggling businesses, tenants and landlords under a spending plan that had passed both chambers of New York’s Legislature on Wednesday.

The state Senate passed the budget legislation Wednesday morning, while the 150-member Assembly wrapped up their vote late Wednesday night, according to PIX11 News’ affiliate station News10 in Albany. Gov. Andrew Cuomo has said he’ll sign the budget.

Lawmakers passed legislation Tuesday to make sure the state can afford to pay workers Thursday even though the Legislature and governor didn’t pass a budget by an April 1 deadline.

Still, the delayed budget process means thousands of state workers may have to wait at least a day longer than usual to receive their paychecks.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Connect with PIX11 Online

Connect with PIX11 Online

Trending Stories

Don't Miss

@PIX11News on Twitter