New York State Budget Deadline Extended Amid Ongoing Negotiations

As talks on school funding and housing continue, Governor Hochul faces challenges in implementing key proposals.

New York lawmakers have again extended the state budget deadline to April 8, as negotiations on key issues like school funding and housing continue.
Governor Kathy Hochul's proposals for rationalizing school funding and advancing a bold housing plan have faced setbacks, with legislative leaders and election-year politics influencing the outcomes.
The failure to maintain or introduce a new 421a tax exemption has slowed affordable housing development, exacerbating the state's housing crisis.
Illegal cannabis shops proliferate due to the lack of enforcement mechanisms in the state's legalization law, highlighting the need for legislative action.
The state faces challenges in addressing subway safety and mental health services, as well as supporting migrants and ensuring mayoral control of schools.