Month: March 2012

Governor Andrew Cuomo today finally got around to announcing most of the members of the “Tax Reform and Fairness Commission,” which he first promised to create a year ago as part of the legislative deal that temporarily extended the state’s income tax hike on million-dollar earners. Read More

In a news conference just before yesterday’s legislative adjournment, Governor Andrew Cuomo announced that he would grant the required “messages of necessity” to pave the way for a vote on amended versions of two New York City bills — one related to condo-coop tax abatements, and the other to a measure implementing an important technical change in actuarial assumptions for the New York City pension funds. Read More

Twenty-nine days past the legal deadline, the Cuomo Administration finally got around to posting the state’s required mid-year financial plan update on the Division of the Budget (DOB) website late yesterday afternoon. As expected, the report does not included an estimate of fiscal impacts from Superstorm Sandy. DOB says it is still working on those numbers. Read More

Governor Andrew Cuomo’s propensity for creating advisory committees, commissions and task forces — more than two dozen in all — is the subject of an article in today’sWall Street Journal Read More

For a second time, Governor Cuomo has vetoed a bill that would require the state to reimburse New York City for retiree health benefits paid to former employees of the bankrupt New York City Off-Track Betting Corp. (OTB). That’s good. Unfortunately, once again, he has left the door open to signing the bill in the future. And that’s troubling. Read More

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