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NY Senate budget sets stage for 3-way negotiation

Created: 03/14/2014 1:06 PM WHEC.com
By: Associated Press

The budget proposal advanced by New York's Senate sets the stage for a complex two-week negotiation with the governor and Assembly on tax cuts, campaign finance reform, legalizing medical marijuana and other issues.

The state's new fiscal year starts April 1. Talks starting Monday are intended to resolve enough differences in their respective budgets to pass one plan for spending more than $142 billion while amending many state programs and policies.

Gov. Andrew Cuomo in a radio interview Friday says the Senate, unlike the Assembly and him, has no renters' tax cut for low-income city residents. He calls that "a non-starter."

The Senate also would modify Cuomo's proposed property tax freeze for school districts and municipalities that stay within a 2 percent tax cap.





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