Some LI lawmakers back plan to study marijuana legalization

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"Many of our neighboring states now allow for adult use and NY will miss out on billions in revenue and further expand the black market". He said the study should also look at the effects of legalization in MA - and possibly New Jersey - on NY, as well as any future federal intervention.

Senator Dave Valesky with the Independent Democratic Conference Cuomo is rightly focusing on what the state can do to address the possible impact of the federal tax law. Republican Assemblymember Gary Finch in a statement says the federal government didn't create New York's $4.4 billion deficit.

The budget is expected to be approved by March 31. No actual funding for the study was included in Cuomo's 2018-2019 budget proposal, though the budget bill dedicates "so much funds as shall be determined necessary" by the state health commissioner. Cuomo says 70 percent will go to the poorest districts, the highest ever.

Cuomo's budget proposal received mixed reviews from education stakeholders, including the state Department of Education and Board of Regents.

The overall impact the new tax laws will have on the state budget is still uncertain, DiNapoli said. "The hard part is to ensure New York State's structural economic viability".

Some lawmakers said Cuomo, angling to keep his name in the list of potential 2020 White House challengers, is intentionally overstating the size of the fiscal problems facing NY as a way to ride to a political victory when the budget is passed later this spring. And the employers may still deduct those payroll taxes on their federal return.

While details on the panel were scarce, Cuomo said it would include representatives of State Police to get the "facts" of marijuana legalization.

"They weren't expecting the tax cut; they got the tax cut", Cuomo said. Foundation aid is propose to increase by $338 million.

The budget increases spending for education by 3 percent - a $769 million hike. We hope to see his commitment materialize by ending a 14-year tradition of inequality in New York's mental health system and a substantial investment in the social work profession - one of the state's largest group of mental health providers. If state spending is kept below a 2 percent growth rate, then the more true deficit number is $1.7 billion, they said.

"I am concerned about the governor's budget, there's no question", Elia said.

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