The state Senate has put out its budget resolution, which, despite pledges from many a member to not vote for school cuts, accepts the governor’s proposed $1.4 billion in reductions, along with many of his reductions to health care.
The plan, which could come up for a vote Monday, rejects all of the major revenue generators proposed by the governor, nixing the proposed taxes on sugared beverages, cigarettes, and co-op sales, and blocking the legalization of wine sales in grocery stores.
A few other actions of note in the plan, per the resolution:
-It proposes the legalization of medical marijuana, a concept that has passed the Assembly in the past
-It accepts, with modifications, the governor’s proposed “Excelsior Jobs” job creation incentive program, which would replace Empire Zones
-It would restructure bonds with tobacco payments, a big one-shot that the TU reports the Senate says would bring in $700 million
-It mostly rejects the governor’s proposed changes to the M.T.A. mobility tax, instead proposing a series of tax credits for those in counties outside New York City
-It proposes expanding gaming, by allowing facilities with slot machines to have electronic table games
-It mostly accepts the governor’s proposal to allowing cameras that would ticket cars in bus-only lanes in New York City, allowing it only for those bus lanes currently in operation
There is no mention of Lt. Governor Richard Ravitch’s budget plan, which would allow $2 billion in borrowing in exchange for long-term budget controls.
The Assembly has yet to propose its own budget resolution, although Assembly Speaker Sheldon Silver has suggested the conference is ready to make big cuts.