Legislative Leaders Announce Schedule for Action on 2018-19 Budget

February 15th, 2018

Last Tuesday, Senate Majority Leader Flanagan and Assembly Speaker Heastie announced an agreement on a joint legislative budget schedule.

The schedule for budget action is:

• Feb 28: (on or before) Economic / Revenue Report Released (Senate and Assembly)
• Feb 28: (tentative) Joint Revenue Forecasting Conference
• March 1: (on or before) Revenue Consensus Report
• March 14: Senate and Assembly act on respective one-house budget proposals
• March 14: Joint Budget Conference Committees Commence
• March 22: Joint Budget Conference Committees End
• March 27-29: Joint Legislative Budget Bills Taken Up

It’s worth noting that if the Legislature follows through on this schedule, New York will have a state spending plan in place before the beginning of the state’s new fiscal year on April 1, 2018.