Current:Home > reviewsHochul announces budget outline as lawmakers continue to hash out details -WealthGrow Network
Hochul announces budget outline as lawmakers continue to hash out details
View
Date:2025-04-16 18:41:31
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! (1929)
Related
- Small twin
- The lion, the wig and the warrior. Who is Javier Milei, Argentina’s president-elect?
- 3rd release of treated water from Japan’s damaged Fukushima nuclear plant ends safely, operator says
- Cassie Ventura reaches settlement in lawsuit alleging abuse, rape by ex-boyfriend Sean Diddy Combs
- DoorDash steps up driver ID checks after traffic safety complaints
- Rosalynn Carter: A life in photos
- New York Jets bench struggling quarterback Zach Wilson
- 'Stamped From the Beginning' is a sharp look at the history of anti-Black racism
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Does Black Friday or Cyber Monday have better deals? How to save the most in 2023.
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- 5 workers killed, 3 injured in central Mexico after 50-foot tall scaffolding tower collapse
- Driving or flying before feasting? Here are some tips for Thanksgiving travelers
- How to avoid talking politics at Thanksgiving? Consider a 'NO MAGA ALLOWED' sign.
- Military service academies see drop in reported sexual assaults after alarming surge
- 5 common family challenges around the holidays and how to navigate them, according to therapists
- Black Friday deals at Florida amusement parks: Discounts at Universal, SeaWorld, LEGOLAND
- Hollywood’s feast and famine before Thanksgiving, as ‘Hunger Games’ prequel tops box office
Recommendation
All That You Wanted to Know About She’s All That
French performers lead a silent Paris march for peace between Israelis and Palestinians
With the world’s eyes on Gaza, attacks are on the rise in the West Bank, which faces its own war
Mexican photojournalist found shot to death in his car in Ciudad Juarez near U.S. border
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
NATO chief commits to Bosnia’s territorial integrity and condemns ‘malign’ Russian influence
Donna Kelce Proves Jason and Travis Kelce's Bond Extends Far Beyond Football
Fantasy Football: 5 players to pick up on the waiver wire ahead of Week 12