Marijuana legalization, wealth tax hike and sports bettingPosted by On

ALBANY — The state Senate and Assembly are scheduled to vote Monday on their versions of New York’s 2021-2022 budget — and stark differences remain between their proposals for raising taxes on the wealthy and legalizing online mobile sports betting and what Gov. Andrew M. Cuomo has said he supports.

The two legislative chambers posted their one-house budget bills online over the weekend, planning for more than $200 billion of spending. These budgets are meant to plant a flag for each chamber about their policy priorities and goals, and they are subject to negotiation between the leaders or representatives of the Executive Chamber, Assembly and Senate. The governor, constitutionally, has tremendous sway over how the budget is written and edited, but it remains to be seen how his politically-weakened stance — as a result of the COVID-19 nursing home deaths and sexual harassment allegations facing him — will influence negotiations.

There are dozens of proposed programs and policies ranging from investment in New York’s economy, mental health in schools, higher education, child care, clean energy, climate change mitigation and many other areas. Three of the most high-profile and contentious areas of debate for this budget cycle have been recreational marijuana legalization, legalization of mobile sports betting and raising taxes on the wealthy.

For marijuana, it appears that a deal is being struck outside of the budget process,…

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ALBANY — The state Senate and Assembly are scheduled to vote Monday on their versions of New York’s 2021-2022 budget — and stark differences remain between their proposals for raising taxes on the wealthy and legalizing online mobile sports betting and what Gov. Andrew M. Cuomo has said he supports.

The two legislative chambers posted their one-house budget bills online over the weekend, planning for more than $200 billion of spending. These budgets are meant to plant a flag for each chamber about their policy priorities and goals, and they are subject to negotiation between the leaders or representatives of the Executive Chamber, Assembly and Senate. The governor, constitutionally, has tremendous sway over how the budget is written and edited, but it remains to be seen how his politically-weakened stance — as a result of the COVID-19 nursing home deaths and sexual harassment allegations facing him — will influence negotiations.

There are dozens of proposed programs and policies ranging from investment in New York’s economy, mental health in schools, higher education, child care, clean energy, climate change mitigation and many other areas. Three of the most high-profile and contentious areas of debate for this budget cycle have been recreational marijuana legalization, legalization of mobile sports betting and raising taxes on the wealthy.

For marijuana, it appears that a deal is being struck outside of the budget process,…



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