New York Capital Brief:

NYS Budget Update

On January 17, 2024 Governor Hochul released her Executive Budget Proposal. The Governor has statutory authority to release 21-day and 30-day amendments to her proposal. Though the window for 21-day amendments has passed, our team expects 30-day amendments to be released on or before February 15, 2024.

The NYS Legislature has continued the budget process by holding Joint Budget Subcommittees on each section of the Budget. Halfway through that process, the hearings have yielded testimony from government agencies and stakeholders. With the Governor’s call to keep spending flat, many of the testimonies given focused on maintaining funding, with very few agencies expecting an increase for programming this year.

Once testimony is gathered from all subcommittees, both Houses of the Legislature prepare their one-house budget proposals. We expect the one-house budget to be released sometime in early to mid-March.

NYS Legislative Retirements, Departures Announced

As the Legislative Session continues, this year’s election cycle is heating up. Candidates that would typically wait until closer to the petitioning period have been choosing to relay their intentions to run for office well in advance. This year’s petitioning period is from February 27th – April 4th.

Already this year, the NYS Legislature has seen the immediate departure of legislators such as AM Joyner, the announced impending retirements of several legislators including Sen. Breslin and AM Aubry, Cook and Dickens, and the transitioning of legislators to both the private sector and to seek other elected positions. AM Zebrowski recently announced he is stepping away from public office, while Senator Kennedy has announced his intentions to run for Congress.

Beyond the special elections needed to fill vacancies, early voting starts on June 15th. New York State’s primary election is slated for June 25, 2024.

 

 

 

New York Capitol Brief:

NY’s Predicted Budget Deficit

New York’s fiscal landscape is facing a significant challenge, with the State Division of Budget forecasting a budget deficit of  $9.1 billion for the upcoming year with increased holes in subsequent years.

Comptroller DiNapoli’s recent report highlights the fiscal predicament, noting that revenues are expected to decline year-over-year in the current fiscal year. At the same time, expenditures are projected to grow at a faster rate. The report underscores the ongoing economic impact of COVID-19, including the struggle to recover all jobs lost during the pandemic.Budget Director Blake Washington has instructed State agencies to submit flat 2024 spending plans with no increases. Governor Hochul has said she is determined to avoid tapping into the reserve funds or raising taxes to bridge the deficit. The Legislature is likely to offer a variety of counter-proposals in an attempt to preserve programs and services. Already, the fiscally conservative Empire Center is advocating for spending cuts, particularly to Medicaid and education aid, while the more liberal Fiscal Policy Institute is calling for the use of reserves and targeted tax increases.

The budget-making process will formally kick off in mid-January with the Governor’s Executive Budget Proposal, followed by Budget hearings, legislative responses, and a final enacted budget due by April 1, 2024.

 

Staff Accomplishment

Congratulations to Michele O’Connor for being recognized as a notable New Yorker advocating for policy changes in City & State’s ‘Who’s Who in Government Relations’
Click here to view the full list!

Hodes and Landy is proud to continue to sponsor The Rotary Club of Delmar’s Teeing for Charity golf event to benefit the “Mission for Marcus.”

New York Capital Brief:

Conceptual Budget Agreement Reached

After surpassing the statutory deadline by 28 days and counting, Governor Hochul confirmed in a surprise Thursday evening press conference that “a conceptual [budget] agreement has been reached.” State Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie were not present for the announcement.

New York Capitol Brief:

Budget Deadline to Be Extended Yet Again

After missing the April 1st statutory budget deadline and passing three initial budget extender bills. Legislators met Thursday, April 20 to approve a fourth extender, which is set to expire at Noon Monday, April 24th.

2023 Legislative Session Calendar

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New York Capital Brief:

Budget Deadline to Be Extended Again

After missing the April 1st statutory budget deadline and passing a temporary budget extender bill this past Monday, the Legislature is preparing to pass another one-week extender bill on Monday, April 10.

Chief Judge Selection Process

Last week, Governor Hochul introduced legislation that would modify the judicial nominating process and prevent the Court of Appeals from operating with only six of its seven members for extended periods.

If the legislation is approved, it will allow the Governor to nominate a Court of Appeals Associate Judge to become Chief Judge. If the Senate confirms that nominee, the Governor could pick from the remaining finalists to fill the vacancy created by the selection of the new Chief Judge. The bill’s introduction could indicate that she is considering nominating one of the Court of Appeals’ sitting justices to be the next Chief Judge of the State’s highest court.

The bill’s introduction coincides with the Governor’s review of a new list of finalists for Chief Judge that the Commission on Judicial Nomination issued last week. The list includes three Associate Judges serving on the Court of Appeals. The New York State Bar Association, list all of the potential candidates for the post as either “well qualified” or “qualified.”

New York Capital Brief:

New York’s State Budget is Expected to be Late

New York’s State Budget is due April 1st, but State lawmakers acknowledged Thursday that it’s expected to be late…

New York Capital Brief:

Budget Negotiations Gear Up

The General Budget Conference Committee, known colloquially as “The Mothership,” held its first meeting this Monday, officially kicking off budget negotiations for the fiscal year that starts April 1.