ALBANY, New York — State lawmakers and Gov. Kathy Hochul are considering a $1 billion utility rebate program in a final state budget deal, according to two people with knowledge of the conversations.
The people, who were granted anonymity to discuss the closed-door details, said the figure was being discussed as lawmakers and the governor push to get a broader budget deal done this week.
Hochul last week indicated that a rebate program, initially proposed by the state Assembly, was on the table in the budget negotiations.
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The proposal is being framed around offsetting spiking utility costs for New Yorkers as Hochul and the Legislature pursue ways to address cost-of-living concerns in the state budget.
