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New York News

Assembly to give final OK to $135B NY budget

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..::WAMC Photo by Dave Lucas::..
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The State Capitol Building, Downtown Albany

Assembly to give final OK to $135B NY budget

The New York state Assembly is set to begin final legislative approval of the $135 billion state budget.

The Assembly plans an early start Thursday and could finish voting by evening, although a late session and Friday session are still possible.

The Senate gave its approval to budget bills in an overnight session that ended at 4 a.m. Wednesday.

The budget includes extending an income tax on millionaires that was to expire next year, an election year. It also continues for three years a big business tax on energy costs that had been set to expire this year.

New Yorkers with incomes between $40,000 and $300,000 who have at least one child would get a $350 check per family just before the 2014 elections.

The budget is due by midnight Sunday.

                                               Copyright Associated Press 2013. All Rights Reserved.