$168 billion state budget deal reached

Posted: Updated:
ALBANY -

A last minute budget deal has been reached to avoid a state shutdown.        

Gov. Andrew Cuomo and state lawmakers struck a $168 billion dollar state budget deal late Friday night.

That includes some tax measures to help ease the pain of the new Trump administration tax code for homeowners, which caps a deduction for state and local taxes.

"Their federal tax reform bill, that SALT Act was an arrow aimed at the economic heart of the State of New York," says Gov. Cuomo.

Under Gov. Cuomo's plan, the state would offer tax credits to individuals who make charitable contributions to public education or health care programs.

The budget also makes it more expensive get around Manhattan, with the state imposing surcharges of $2.50 on taxi rides south of 96th Street. For companies like Uber and Lyft it will be $2.75.

The new budget deal calls for $1 billion in additional spending on K-12 education.

Gov. Cuomo also focusing on Long Island's gang crisis and the opioid epidemic.

"MS-13, which was a major problem on Long Island that we've been working at. An additional $16 million program to have alternatives for at-risk youth. We'll collect a $100 million opioid fund by charging manufacturers and distributers a fee that will go towards funding a comprehensive anti-opioid, abuse effort," he says.

There's also a new sexual harassment policy following the launch of the MeToo movement. It includes protections for employees of state and local governments, as well as state contractors and freelancers.

The state's new fiscal year begins tomorrow April 1.

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