Greater New York Chamber of Commerce 212-CHAMBER

Spotlight Event - December 5, 2024

Holiday Party and Annual Meeting

New York State Budget Highlights presented by Secretary of State, Robert J. Rodriguez

Secretary of State, Robert J. Rodriguez presented the NY State Budget highlights at the Greater New York Chambers power netowrking lunch.

The Summary Points are:

Agreement Reached To Provide Greater Discretion for Judges To Set Bail for the Most Serious Crimes; Includes $772 Million to Address Gun Violence, Reduce Recidivism, and Support Criminal Justice System in Pandemic Recovery

Governor Keeps Promise to New Yorkers: No Income Tax Increases for FY 2024 Budget

$1 Billion Plan Will Fix New York State’s Continuum of Mental Health Care

$100.7 Million To Protect Abortion Access and Strengthen New York State’s Safe Harbor Access

Major Investments in Education Include $24 Billion To Fully Fund Foundation Aid, $2.4 Billion in New Capital Projects for SUNY and CUNY

Tenants, Including NYCHA and Section 8, Will Receive $391 Million in Emergency Rental Assistance Program Funding

Stabilizes MTA Funding, Avoiding Looming ‘Fiscal Cliff’ or Service Cuts While Investing in Public Transit Statewide

Transformative Investments To Promote Energy Affordability, Reduce Emissions, and Clean Air and Water

Raises Minimum Wage to $16 in New York City, Long Island, and Westchester and $15 Elsewhere in the State, Which Will Increase by $0.50 for Two Years and Index to Inflation After 2026

$1 Billion in Health Care Capital Funding To Create a Stronger Health Care System for the Future