Overview
- Hochul announced a “general agreement” Thursday on a $268 billion plan, and Heastie said Friday talks are close after rejecting a deal a day earlier.
- The framework raises spending and bundles major policy shifts, including auto‑insurance changes that bar ZIP‑code and credit‑score pricing, end “flex rating,” and narrow who can sue for pain and suffering.
- Climate rules under the 2019 law would be reset with required regulations now due in 2028, and the package adds limits on local police cooperation with federal immigration enforcement.
- New York City would get about $1.5 billion in aid and a new pied‑à‑terre tax on high‑value second homes projected near $500 million a year, though rates and how values are set are still unsettled.
- The plan includes $1 billion in energy rebate checks and keeps state income‑tax rates flat, while staff draft nine bills for votes in the coming days in a budget now more than a month late.