New York legislators pass $131.1 billion budget

(AP) - New York state Senate Republicans' attemptsto block a tax hike on top earners and to continue property taxrebates for homeowners both failed Friday before lawmakers passedthe $131.8 billion state

News 12 Staff

May 27, 2014, 9:43 PM

Updated 3,622 days ago

Share:

New York legislators pass $131.1 billion budget
(AP) - New York state Senate Republicans' attemptsto block a tax hike on top earners and to continue property taxrebates for homeowners both failed Friday before lawmakers passedthe $131.8 billion state budget.
In debates on the nine bills to enact the budget for the fiscalyear that started Wednesday, Republicans complained that they andtheir constituents were left out because it was negotiated mainlyby three downstate Democrats.
"There's no attention to western and upstate New York in thisbudget," said Sen. George Winner, an Elmira Republican.
Sen. Liz Krueger, a Manhattan Democrat, said the New York Cityarea generates far more state revenue than it receives, and thisbudget constitutes "a further transfer" from downstate to upstatethan the usual $13 billion. She said an income tax hike was neededto prevent cuts in fundamental services. It is expected to generate$4 billion a year for three years before it expires.
"What we were doing was actually protecting education funds,health care funds and other priorities," Krueger said.
The tax change will require wealthier residents, beginning withsingle filers earning $200,000 a year, to pay a higher tax rate of7.85 percent. Rates will increase to 8.97 percent on annual incomesabove $500,000. The current top rate is 6.85 percent on thoseearning more than $40,000.
Senate Republican leader Dean Skelos predicted the tax increase,"in the face of the worst economic crisis since the GreatDepression," will lead to more job losses, higher unemployment anda deeper recession.
Democratic Majority Leader Malcolm Smith said it will affectonly 4 percent of New Yorkers, noting that group will include someRepublican lawmakers.
Sen. Kenneth LaValle, a Long Island Republican, said residentsof Nassau and Suffolk counties pay the highest property taxes, andthey'll feel the loss of the STAR property tax rebates of $500 to$1,000. They will also pay 16 percent of the higher income taxes,he said.
"Today we are taxing the rich and not the poor," said Sen.Ruben Diaz, a Bronx Democrat. "Today we are not building thebudget on the backs of the poor."
The budget was negotiated by Gov. David Paterson, AssemblySpeaker Sheldon Silver and Smith, in consultation with otherDemocratic lawmakers. It uses federal stimulus money, tax hikes andsome program cuts to close an estimated $17.7 billion deficit.
The Senate passed the budget bills along party lines, 32-30, onThursday and Friday. The Assembly passed them Tuesday.
Along with the tax and spending measures, lawmakers passedlegislation to replace some mandatory prison sentences with judges'discretion to order probation, addiction treatment or boot camp.They also authorized nickel deposits on water bottles starting inJune. Carbonated beverages, beer and wine coolers already havemandatory deposits.
Paterson is expected to approve all the bills.


More from News 12
1:57
Authorities: Fire destroys home in Spring Valley

Authorities: Fire destroys home in Spring Valley

1:45
Scattered rain overnight in the Hudson Valley; sunny skies Sunday afternoon

Scattered rain overnight in the Hudson Valley; sunny skies Sunday afternoon

0:33
Delta plane lands at JFK due to emergency slide falling off

Delta plane lands at JFK due to emergency slide falling off

2:02
'Gains For Brains' girls lacrosse tournament raises awareness, funds for pediatric brain cancer research

'Gains For Brains' girls lacrosse tournament raises awareness, funds for pediatric brain cancer research

0:31
Police seek public’s help locating missing 89-year-old man

Police seek public’s help locating missing 89-year-old man

2:28
Doctors are seeing an increase in pickleball-related injuries. Here how to avoid them

Doctors are seeing an increase in pickleball-related injuries. Here how to avoid them

1:23
Westchester commuters, residents weigh in on official congestion pricing rollout date

Westchester commuters, residents weigh in on official congestion pricing rollout date

0:20
City of White Plains to impose new speed limit of 25 mph, effective in May

City of White Plains to impose new speed limit of 25 mph, effective in May

0:41
Farm-to-table distillery brings boozy beverages to Goshen

Farm-to-table distillery brings boozy beverages to Goshen

0:22
Westchester County Center to host free prom attire giveaway this weekend

Westchester County Center to host free prom attire giveaway this weekend

0:35
Westchester Craft Beverage Trail takes residents on tour of 2 dozen distilleries

Westchester Craft Beverage Trail takes residents on tour of 2 dozen distilleries

Special teams carry Rangers to a Game 3 win and a 3-0 series lead on the Capitals

Special teams carry Rangers to a Game 3 win and a 3-0 series lead on the Capitals

1:53
Shop Mother’s Day Gifts – Exclusive Offers Up to 75% OFF!

Shop Mother’s Day Gifts – Exclusive Offers Up to 75% OFF!

0:52
Mother and daughter from Mount Vernon sentenced in pandemic-relief fraud scheme

Mother and daughter from Mount Vernon sentenced in pandemic-relief fraud scheme

0:32
Carmel police: Yorktown shoplifting suspects arrested

Carmel police: Yorktown shoplifting suspects arrested

0:52
'Kindness in a cup.' Sleepy Coffee, Too celebrates grand opening in Sleepy Hollow

'Kindness in a cup.' Sleepy Coffee, Too celebrates grand opening in Sleepy Hollow

1:53
Officials call for no-show Orange County legislator to step down after missing meetings for two years

Officials call for no-show Orange County legislator to step down after missing meetings for two years

0:34
Yonkers police: Man wanted for failing to appear in court for car break-in charges

Yonkers police: Man wanted for failing to appear in court for car break-in charges

1:57
White Plains dispensary pays it forward, spends green on legal help

White Plains dispensary pays it forward, spends green on legal help

0:49
Gov. Hochul signs $10 million literacy plan into law

Gov. Hochul signs $10 million literacy plan into law