New York State Is Giving Millions Up To $5,000

New York lawmakers say new rules put a lot of money back into your pockets.

New York Gov. Kathy Hochul is thrilled her budget deal "delivers all of the Governor’s affordability commitments.

New York State Budget Gives Nearly $5,000 Back To New York Families

(Mike Groll/Office of Governor Kathy Hochul)

According to Hochul's office, the affordability commitments passed in the 2026 New York State budget put nearly $5,000 back in the pockets of New York families.

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"These huge wins include tripling the size of New York’s Child Tax Credit, cutting taxes for middle-class New Yorkers, sending inflation refund checks directly to millions of households and ensuring free school meals for over 2.7 million students statewide," Hochul's office told Hudson Valley Post in a press release.

How New York State Is Saving Families $5,000

“The cost of living is still too damn high, so I promised to put more money in your pockets – and we got it done,” Hochul stated. “Putting nearly $5,000 back in the pockets of families means helping New Yorkers afford the rising costs of groceries, raising kids, and just enjoying life. When I said your family is my fight, I mean it – and I’ll never stop fighting for you.”

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New York Budget Finalized—How It Will Change Your Life

Getty Images/iStockphoto

Below are more highlights for the $254 billion budget state lawmakers agreed to this week.

Highlights Of $254 Billion New York State Budget

Ten More New York Laws That Are Weird, But Somehow Still Exist

Ten More New York Laws That are Weird, But Somehow Still Exist

Some laws make sense, and others do not. New York has its share of laws that make sense, but a few others, that are out-of-touch, and just plain weird.

Gallery Credit: Dan Bahl