Media

December 2020

Analysis of Governor Hochul’s Budget Proposal: Impacts to Businesses and Local Governments

New York State Governor Kathy Hochul has unveiled her $233 billion proposed budget for FY 2024-25.  While we dig through the full details of her budget found within the Article VII budget bills,  here is a summary of various taxes and fees, as well as grants…

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New York State Governor Kathy Hochul’s FY2025/2026 Executive Budget Highlights

Listed below are the Governor's proposed Budget items which are subject to negotiation with the NYS Legislature. Tax Relief • Middle-class tax cut to benefit 8.3 million New Yorkers • Inflation refund checks of $300 for single filers making less than $150k and $500 for joint…

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