Hochul proposes NY tax cut, inflation rebate, ‘birth allowance’ for poor moms in State of the State
In her 2025 State of the State address, Gov. Kathy Hochul proposed an expansion of New York’s child tax credit. Parents would receive an annual tax credit of up to $1,000 per child under age four and up to $500 per child from four through age16. Don Pollard/Office of Governor Kathy Hochul