New York leaders, Gov. Cuomo reach deal on budget

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Updated: 3/29 2:40 pm
ALBANY, N.Y. (AP) - New York Gov. Andrew Cuomo and legislative leaders have reached a deal on a $140 billion budget that provides some tax relief for businesses, homeowners and renters.

Details of the agreement are contained in legislation filed by staff members overnight Friday. It covers the budget for the fiscal year starting Tuesday.

Lawmakers are expected to return Sunday to discuss the bills and vote Monday.

The 332-page revenue bill lists property and renter's tax credits through so-called circuit breakers, tax credits for families and revisions in bank, corporate, manufacturers and estate taxes.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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