New York state will postpone plans to place a $3 billion environmental bond on the ballot in November, citing a dire financial situation stemming from the coronavirus pandemic.
“It was my proposal. I believe deeply in it, but we need to have financial stability before we do that,” Gov. Andrew Cuomo (D) said Thursday on a conference call with members of the media.
Cuomo (D) proposed the bond act in January as part of the state’s budget process. The state’s $177 billion budget, passed in April allowed the bond act question to be placed on the Nov. 3 ballot.
The ...
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