Overview
- Hochul, who announced the framework Thursday at the Capitol, faced immediate pushback from Assembly Speaker Carl Heastie, who said there is no final deal yet.
- The plan rewrites auto‑insurance rules by banning ZIP code and credit scores in pricing, ending no‑approval rate hikes, and narrowing who can claim pain‑and‑suffering damages.
- The agreement resets the state’s climate timetable by moving required regulations to 2028, adds a 60% emissions‑cut target by 2040, and sends $1 billion in utility rebate checks to help with energy bills.
- New York City would get $1.5 billion in extra state aid and $1.2 billion for childcare, plus a new pied‑à‑terre tax on second homes worth $5 million or more that officials project could raise about $500 million a year.
- The package includes immigration limits that bar local police from assisting civil ICE actions, prohibit 287(g) agreements, and restrict immigration enforcement in schools, hospitals, and other sensitive sites without a warrant.