Tax Relief

New York Price range Contains Fuel Tax Suspension, Tax Aid (1)

By Keshia Clukey and Donna Borak

April 7, 2022, 5:11 PM; Updated: April 7, 2022, 7:26 PM

New Yorkers will see relief at the gas pump, income tax cuts, and a homeowner rebate under a budget deal still being finalized.

The first of 10 bills S08009 that comprise the state’s multi-billion budget for fiscal 2023 tricked out Thursday afternoon. The rest of the budget was still being negotiated by Gov. Kathy Hochul (D) and Democratic majority leaders from the state Senate and Assembly, seven days past its due date.

The deal speeds up a scheduled reduction …

Keshia Clukey

correspondent

Donna Borak

© 2022 The Bureau of National Affairs, Inc.

All rights reserved

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