NYS Passes the 2026-27 FY Budget
ALBANY — New York State lawmakers this week approved a more than $268 billion budget for the 2026-27 fiscal year, touching on a wide range of activities and programs with the aim of making the state more affordable for residents.
- Income tax rates frozen
- Utility rebate checks
- No taxes on tips
- More childcare, pre-K seats
- Tax credit boost for parents, caregivers
- No tuition hike, higher education help
- Pension sweeteners for public workers
- Bigger taxes on nicotine pouches