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NY Assembly begins debating $140 billion budget

March 31, 2014
Associated Press

ALBANY, N.Y. (AP) — The state Assembly has begun debating a $140 billion budget due by midnight.

Gov. Andrew Cuomo and legislative leaders reached an agreement on a spending plan at the start of the weekend, setting up the vote Monday.

The Senate plans to begin debating the budget around noon.

It's not clear if lawmakers will approve all the bills before the new fiscal year officially starts at 12:01 a.m. Tuesday.

The budget deal adds $340 million for pre-kindergarten, mainly for New York City.

An estimated $1.5 billion in homeowner tax relief is tied to local governments staying within a 2 percent tax cap the first year and enacting cost-saving plans the second year.

The deal includes a $2 billion school technology bond act to go before voters in November.

 
 

 

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