What does New York's $229 billion state budget mean for Long Island?

New York Governor Kathy Hochul announced a $229 billion budget deal with legislative leaders on Thursday. The deal includes a new set of changes to the state's bail laws, an increase in the minimum wage, and a plan for the state's transit system. One of the rules of the state’s bail law will now allow judges to grant greater discretion to detain people awaiting trial. The deal also calls for an increase in MTA payroll tax and exemption of suburban counties from the tax. In contrast to Hochul’s initial proposal, the tentative deal does not include a “housing compact” aiming to create 800,000 units of affordable housing statewide, although it does allocate $40 million each for public defenders and for prosecutors. The agreement also calls for the minimum wage to rise to $17 an hour in phases until 2026, from the current $15. The deal settles on cigarette taxes rising by $1 to $5.35 a pack. The tentative agreement still awaits the final vote of legislative leaders, though it is clear that the state's new budget has priority.

Logo

8020News: 80% of the news in 20% of the time.

© 2025 CompanyTermsPrivacy