10th NY Budget Extender (A11285/S10221) Sent to Legislature, Carries Spending Through May 11 as Hochul-Heastie Framework Spat Continues

Hochul sent the 10th budget extender (A11285 sponsored by Pretlow / S10221 sponsored by Serrano) to the Legislature May 7 to keep state spending alive through May 11, even as she announced the $268B framework "general agreement" the same day. Stalemate now Day 36 — longest delay since 2010. Heastie said Hochul "spoke prematurely" with ~50 items unresolved, including the income-tax tip exemption, climate mandate rollback, auto-insurance reshape, utility-rebate checks, and SEQRA reform (already advanced per Real Deal). Pied-à-terre tax (~$500M/yr to NYC) "still unsettled" per PolicyPro despite Hochul backing it. Mamdani-Menin executive-budget deferral still targets May 12 NYC release; framework outcome by May 11 is the key inflection.

• keptPied-à-terre tax on $5M+ second homes
• brokenCorporate tax hike ($1.75B/year)
• brokenDouble DCWP budget to $135M
• brokenIncrease Human Rights Commission funding to $21M

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