income tax surcharge on millionare earners

New York News
4:11 am
Fri March 29, 2013

Assembly gives final OK of $135B NY state budget

Credit WAMC Photo by Dave Lucas

New York has its third straight on-time budget after decades of missed deadlines.

The Assembly passed the final bills of the $135 billion spending plan just before midnight Thursday.

The budget approved by the Senate Wednesday is due Sunday, the start of the new fiscal year.

Major elements of the budget negotiated by Gov. Andrew Cuomo and legislative leaders includes $350 tax rebate checks for most middle class families and a new minimum wage that will rise to $9 over three years.

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