Congress has given the state of NY a cash bath, a bailout related to the negative impact of Covid -19 and overspending that perennially generates deficits driven by long term public sector settlements the legislature and governor know cannot be met without more taxes or "one [...]
February 9, 2021 Congress has passed another spending plan relieving New York of its current deficit that through tax collections and scrutiny by fiscal watch dogs is 1/4 of early estimates. The state's federal receipts will be $84B for 2021-22, an increase of $20B and [...]
February 9, 2021 Congress has passed another spending plan relieving New York of its current deficit that through tax collections and scrutiny by fiscal watch dogs is 1/4 of early estimates. The state's federal receipts will be $84B for 2021-22, an increase of $20B and extinguish [...]
Several bills of interest were amended or referred to committees for review. A-1451 - A - The sponsor has replaced the flat version - A-1451 - with one of the earlier prints introduced over the last four year, retaining many of the confusing language and none [...]
It appears the defeat of senate republicans that secured a veto proof majority may represent a loss of executive power. Both Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie have announced they favor tax increases on "the wealthy," and for income brackets below, an [...]
JANUARY 23, 2021 (9:00 AM) New bills introduced this week. S - 2721 - Requires the governor's tax expenditure reporting to include an enumeration of all fossil fuel related tax expenditures; imposes a 5 year expiration upon any fossil fuel related tax expenditures enacted. Yet another [...]
The October Mid-Year Financial Plan Update reported New York State was facing an $8.2 billion budget gap in the current year and a $16.7 billion gap in fiscal year 2022, absent $8 billion in recurring to-be-determined local aid cuts. Since then, a federal aid package was [...]
NYS Legislative Introductions 2021 BILLS FOLLOWED NY S00528 - Relates to the right to clean air and water and a healthful environment. CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY proposing an amendment to article 1 of the constitution, in relation to the right to clean air [...]
Report from the Hill will be available via this site only. January 22, 2021 (9:20AM) The lack of Covid -19 vaccine is under review by the Biden administration and the State of NY. The expectation is that delays in the delivery of the drug from Moderna [...]