Gov. Andrew Cuomo has been touring statewide to promote the newly passed state budget, saying it shows that New York state is functional again. But not everyone is completely convinced.
The state legislature is finished voting on a $141.3 billion state budget, with the Assembly completing it's work shortly before midnight on Thursday. The final passage occurred one week past lawmakers’ s self-imposed deadline, but three days before the spending plan was actually due to be finished.
The state budget includes a provision aimed at boosting the film industry in upstate New York. The new tax credit creates a two-tiered system that includes a 10 percent credit for productions using particular upstate locations.
The New York state budget calls for distracted drivers to pay a higher price for texting while driving or talking on the phone without a hands-free set.
New York's numerous economic development bodies will still have the ability to give out state-level tax breaks in a deal struck with Gov. Andrew Cuomo in state budget negotiations.
The new state budget that lawmakers are enacting this week contains a tax package that includes both tax breaks and tax increases. The spending plan comes just two months after Gov. Andrew Cuomo said there would not be any new taxes in the budget.
The state budget is on track to be finished on time, and before the March 31 deadline, now that all of the spending bills were finally printed shortly before midnight on Monday.
The New York State Senate held a rare Sunday session at the Capitol, in an attempt to get the state budget finished on time in the midst of major religious holidays.
Even though state lawmakers announced a budget agreement Wednesday, they spent the day Thursday trying to pin down details and print the bills in time to be through over the weekend.