Yonkers Insider: New York State Assemblyman Tom Abinanti 92nd District: Better Services, Lower Taxes.

 

On Monday, I voted to pass the Assembly Majority's "One House Resolution" which states our proposed changes to Governor Hochul's Executive Budget. Here are some of the highlights.     Tax Cuts  - Accelerate middle class personal income tax  - Middle class homeowner tax rebate (enhance STAR credit for families with incomes less than $250K) - Enhanced earned income tax credit and child tax credit  - STAR income modification (to exempt some retirement benefits)  - Small Business tax cut  - Small Business COVID-19 expenses tax credit  - Tax credit for phase out of highly polluting fuel oil  - Clean heating fuel tax credit  - Tax credit for transportation companies for individuals with disabilities  - Alternative fuels & electric vehicle recharging property tax credit  - Workers with Disabilities tax credit    Education - School Aid: increase 7% (increase $2.1 billion to $30.9 billion total) - Universal Pre-Kindergarten: increase $150 million  - Mental health support: $140 million  - Library Aid: increase $12 million - Special Education: increase 11%  - Higher Education: $911 million (CUNY and SUNY operating support, TAP increase, mental health services, and students with disabilities)  Environment  - Environmental Bond Act of 2022:  $5 billion - Environmental Protection Fund (including additional monies for food waste diversion, waterfront revitalization, and Hudson River Estuary plan [Greenway Heritage Conservancy for the Hudson River Valley, Hudson River Park Trust, Hudson River Valley Greenway Communities Council]): $400 million   - Clean Water Infrastructure Programs: $500 million - Municipal Storm Water Grants: $250 million    Child Care  - State and Federal Funds: $3+ billion    Residential Energy Relief  - $500 million fund to address utility arrears    Road Repair  - State Road and Bridge Program: $3.6 billion - State Route NY Program: $200 million   People with Disabilities  - Home Care: Increase rate to 150% of minimum wage  - Cost of Living Adjustment [COLA]: 11% for all human service providers - All State Human Service Employees: $3,000 bonus - Crisis Intervention Services [CIS]: $11 million