Current:Home > ContactHochul announces budget outline as lawmakers continue to hash out details -WealthTrail Solutions
Hochul announces budget outline as lawmakers continue to hash out details
View
Date:2025-04-13 23:41:35
ALBANY, N.Y. (AP) — New York Gov. Kathy Hochul on Monday announced the framework of a $237 billion budget that includes broad plans to drive new housing construction, address the influx of migrants and crack down on illegal marijuana shops.
Hochul, a Democrat, described the announcement as the “parameters of a conceptual agreement” on the budget, which is about two weeks late, that was struck with leaders of the state Senate and Assembly after a series of backroom negotiations.
“You can’t get to the legislature for consideration unless we have agreement on the package to go forth,” Hochul told reporters at the Capitol, adding, “It takes a little time to get to the final resolution but I’ve explained what I feel there’s agreement on.”
Still, the governor’s announcement appeared to have caught lawmakers off guard, with officials still in the process of holding meetings and working out the specifics of the spending plan.
“I think it was a surprise for all of us in the Senate,” said state Sen. Liz Krueger, a high-ranking Democrat.
The Senate and Assembly, both controlled by Democrats, would need to approve the budget before it could become law.
The housing deal outlined by Hochul would include a new tax break for developers to incentivize building and a set of tenant protections to make it harder to raise rents and evict people in certain cases, though specifics were not detailed. It also includes plans to use commercial properties and state lands for residential housing.
The sweeping housing agreement had become a sticking point in negotiations, with top officials moving to craft a deal that leads to more new, affordable homes while protecting tenants and luring developers to build.
The spending plan would also set aside $2.4 billion for the state to address numerous migrants who have overwhelmed New York City’s homeless shelters, following a proposal from Hochul to provide short-term shelter services, legal assistance and more.
And Hochul said there was an agreement on a new strategy to combat unlicensed marijuana storefronts, which have become ubiquitous in the city following the state’s legalization of recreational weed sales, through a proposal to make it easier for local authorities to close the black market shops.
veryGood! (343)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- NBC entrusts Noah Eagle, 27, to lead Team USA basketball broadcasts for Paris Olympics
- Hatchings of California condor chicks mark milestone for endangered species: Watch video
- Coyotes get win in final Arizona game; fans show plenty of love
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- Billy Joel special will air again after abrupt cut-off on CBS
- Cloning makes three: Two more endangered ferrets are gene copies of critter frozen in 1980s
- Horoscopes Today, April 17, 2024
- 'Most Whopper
- House of Horror Survivor Jordan Turpin Debuts New Romance With Boyfriend Matt Ryan
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Minnesota Wild sign goalie Marc-Andre Fleury to one-year extension
- Jennifer Love Hewitt Debuts Her 3 Kids on Book Cover: All the Details
- Horoscopes Today, April 17, 2024
- Chief beer officer for Yard House: A side gig that comes with a daily swig.
- Why Even Stevens' Christy Carlson Romano Refuses to Watch Quiet on Set
- O.J. Simpson was chilling on the couch drinking beer, watching TV 2 weeks before he died, lawyer says
- Historic Copenhagen stock exchange, one of the city's oldest buildings, goes up in flames
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Tennessee judge wants more information on copyright before ruling on school shooter’s writings
Judges orders Pennsylvania agency to produce inspection records related to chocolate plant blast
Neighbor risks life to save man, woman from house fire in Pennsylvania: Watch heroic act
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Mike Johnson faces growing pressure over Israel, Ukraine aid: A Churchill or Chamberlain moment
Is it Time to Retire the Term “Clean Energy”?
Charges dropped against suspect in 2016 cold case slaying of Tulane graduate