GOVERNOR HOCHUL UNVEILS HIGHLIGHTS OF THE FISCAL YEAR 2026 EXECUTIVE BUDGET: MORE MONEY IN YOUR POCKETS

• Governor’s Affordability Agenda Will Put $5 Billion Back in the Pockets of New Yorkers With a Middle-Class Tax Cut, Inflation Refund and Expanded Child Tax Credit

• Governor Proposes Balanced Budget With No New Income Tax Increases; State has $21 Billion in Reserves for a ‘Rainy Day’

• Prioritizes Public Safety With $370 Million in Gun Violence Prevention, $77 Million for Six-Month Law Enforcement Surge on New York City Subways; New Legislation Would Streamline Discovery Process

• Tackles the Housing Crisis With Up To $760.5 Million For Pro-Housing Communities, $100 Million To Help First-Time Homebuyers; Governor Committed $1 Billion to New York City’s ‘City of Yes’ Initiatives

• Focuses on Mental Health Care With Legislative Changes to Involuntary Commitment and Kendra’s Law; Invests $160 Million for 100 New Inpatient Forensic Psychiatric Beds on Wards Island

• Directs the Largest Climate Investment in New York State’s History: $1 Billion To Accelerate Our Clean Energy Transition

• Creates Distraction-Free Schools With Statewide Bell-to-Bell Restrictions On Electronic Devices in K-12 Classrooms; Delivers Over $13 Million to Schools For Pouches, Cubbies or Other Necessary Infrastructure

• Invests $3 Billion in Safety Net Hospitals That Serve At-Risk New Yorkers; Assessment of Managed Care Organizations Will Deliver $1.6 Billion in Federal Funding

For the Full Budget Book - Click Here: FY2026-Executive-Budget-Briefing-Book.pdf