New York State Budget Deal Would Raise Minimum Wage and Change Bail Laws

By Luis Ferré-Sadurní and Grace Ashford

April 27, 2023

ALBANY, N.Y. — Gov. Kathy Hochul on Thursday announced that she and state lawmakers had reached an agreement on a roughly $229 billion state budget that would change the state’s bail laws, increase the minimum wage and provide urgently needed funding for New York City’s transit system.

The deal capped weeks of contentious negotiations that divided the governor and the Democrat-led State Legislature, delaying its expected passage by almost a month — the latest budget in over a decade.

The broad strokes of the “conceptual agreement” were revealed by the governor at an impromptu news conference at the State Capitol on Thursday evening; some of the details, Ms. Hochul said, were still being “fine tuned.” read more