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Governor Cuomo’s proposed state budget for fiscal 2014 envisions a relatively strong 6.6 percent ($2.6 billion) increase in net personal income tax (PIT) receipts for the year starting April 1, even though the tax so far has under-performed the original budget projections for fiscal 2013. The highest-earning one percent of New York taxpayers is expected to generate 41 percent of net receipts, according to the Economic and Revenue Outlook volume of the budget Read More

The biggest of the almost-new taxes in Governor Cuomo’s “no new taxes” budget is being targeted for elimination by state Senate Republicans. They were joined today by business and industry representatives in calling on Cuomo to remove the extension of the Section 18-A “assessment” from his budget proposal. Read More

Today’s Albany Times Union gives front-page play to a story that has picked up surprisingly little sustained media attention since it was first reported two years ago: since 1990, New York State has ripped off the federal government for billions of dollars in overcharges of Medicaid reimbursements for the developmentally disabled — and the feds want their bucks back. Read More

A sweeping but little-noticed provision in Governor Cuomo’s 2013-14 Executive Budget would, in the words of this Article VII bill memo, “eliminate all local government and school district reporting requirements to state agencies unless the Mandate Relief Council votes to continue them.” Read More

Three years ago, a bill that would have forced landlords throughout New York State to accept recipients of federal Section 8 rent vouchers was vetoed by then-Governor David Paterson on the grounds that it would have placed an onerous regulatory burden on landlords and cost the state millions to enforce. However, in his State of the State message last week, Governor Andrew Cuomo indicated he’ll revive the idea as part of his own legislative program. Read More

Governor Cuomo’s third State of the State address included a laundry list of potentially pricey initiatives, ranging from an extended school day to a state-subsidized venture capital fund. We’ll find out how he intends to pay for it all next Tuesday, when he presents his 2013-14 Executive Budget plan, which will need to close a budget gap projected at nearly $1 billion without even assuming any new programs. Read More

The latest wrinkles in Governor Andrew Cuomo’s green energy policy, as outlined yesterday in his third State of the State message, include a “cabinet level energy czar” recruited from the Obama administration. Read More