2024 New York State of the State

January 12, 2024

MEMORANDUM

FROM: Cozen O’Connor Public Strategies

 

DATE:

 

January 9, 2024
RE: 2024 New York State of the State

Highlights:

  • Hochul focused her 2024 State of the State (SotS) speech on mental health, healthcare, the environment, and the economy.
  • Notably, after facing significant challenges with the legislature in 2022 and 2023, the Governor did not set significant Statewide housing growth goals in the 2024 SotS.
  • The Governor did not announce any programs aimed at addressing the continuing influx of new migrants in New York.

The Governor proposed the following in the SotS:

Mental Health and Healthcare:

  • Increasing the number of inpatient beds for psychiatric patients by 200 beds, including 15 for children.
  • Development of transitional and specialized housing for New Yorkers with serious mental illness.
  • Expansion of paid medical and disability leave benefits over the next five years.
  • Increasing Medicaid coverage for out-of-network mental health.

Housing:

  • A four-part proposal to:
    • Incentivize construction of new housing.
    • Encourage affordable in-office conversion projects.
    • Allow NYC to add residential density on certain projects.
    • Legalize basement and cellar apartments.

Economy:

  • Legislation to crack down on illicit cannabis storefronts.
  • Launching Empire AI, a consortium of higher education institutions on artificial intelligence.
  • Expanding New York’s consumer protection law for the first time in 40 years.
  • Creating a network of advanced manufacturing training centers in upstate NY.
  • Expanding FAST NY, a grant program for shovel-ready sites.
  • Establishing stronger protections against wage theft violations.

Environment:

  • Expanding voluntary buyout programs in communities most vulnerable to flooding.
  • Directing the Codes Counsel to overhaul building codes design for sustainability.
  • Assisting municipalities with their clean water funding needs.
  • Planting 25 million trees by 2033, with a focus on urban areas.

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