Page 38 - Assembly Majority News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ALBANY — Senators and members of the Assembly on Tuesday persisted with hours of debate about taxing the rich, requiring nursing homes to spend 70% of revenue on patient care and other budget policies with the intent of passing the 2021-22 state spending plan six days late. The state’s historic $212 billion spending plan includes a provision to legalize mobile sports betting; a new program to map the state’s availability and cost of high-speed internet services; $29.5 billion in school aid; $29 billion to grow the state’s green infrastructure and economy; a $105 million ex...

The highest-earning New Yorkers making $1 million or more will have to pay some steep income tax rates. The rate goes up even higher for taxpayers who make between $5 million and $25 million, and there's another bump for people who earn more than $25 million. Add to that a corporate tax for people who earn more than $5 million, and a New York City tax where many of the state's top earners live.  It's estimated the new taxes for NY's richest citizens will be higher than California's top rate.  The governor has expressed opposition, saying NY's top earners already pay some of the highest ta...

Hudson County View The HCDO has rolled out their endorsements for the June 8th primary, all of which were largely expected, with the possible exception being that Hudson County Register Diane Coleman won’t be seeking a second term and former Freeholder Jeff Dublin getting the nod to succeed her. Former Freeholder Jeff Dublin is running for Hudson County register on the Democratic party line. By John Heinis/Hudson County View “Hudson County is home to some of the most diverse communities in the nation and as an organization, we are committed to promoting leadership that is ref...

Share WYSIWYG Governor Andrew M. Cuomo, Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie today announced an agreement on the FY 2022 New York State Budget. The final budget accomplishes major legislative priorities, including: A record $29.5 billion in aid to schools aid; $29 billion in public and private green economy investments; $2.4 billion for rent and homeowner relief; $2.4 billion for child care; $2.1 billion for excluded workers; 1 billion for small business recovery; A first-in-the-nation plan to make broadband internet affordable; Legaliz...

Cuomo, Lawmakers Reach Deal on $212 Billion State Budget PUBLISHED 5:22 PM ET Apr. 06, 2021 PUBLISHED 5:22 PM EDT Apr. 06, 2021 SHARE Governor Andrew Cuomo and legislative leaders have reached an official agreement on a $212 billion state budget that includes tax increases on the wealthy, a record amount of funding for school aid, and rent relief for New Yorkers impacted by the COVID-19 pandemic. This will be New York’s largest state budget in history, but also includes more than $12.5 billion in direct aid from the federal government....