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Albany Watch

Insights and tidbits from the state Capitol

State of the State Checklist

January
8

The Spitzer administration has been leaking out some of what will be in tomorrow’s State of the State address. Here’s some of the items:
—Property-tax cap: He’s expected to announce the formation of a commission on whether the state should put a cap on property taxes. So he apparently will stop short of actually calling for a cap.
—Upstate  economy: He’s planning to call for a $1 billion Upstate Revitalization Fund, which will be targeted to help cities and spur investment and new jobs in the struggling upstate economy.
—Doctors: He’s planning to offer a program that would pay off the student loans of doctors if they locate in rural and urban parts of the state that have a dearth of doctors.
—SUNY: He’s expected to call for a SUNY/CUNY endowment fund to help bolster the state’s college and university system. He also expects to also call for 2,000 more professors.
—Subprime mortgages: He’s going to propose that lenders be required to tell homeowners 60 days in advance if they’re in danger of defaulting, among other steps.

Also, Senate Majority Leader Joseph Bruno is not expected to attend the speech. His wife passed away yesterday.

This entry was posted on Tuesday, January 8th, 2008 at 5:39 pm by Joseph Spector.
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A behind-the-scenes look at state government and politics from the Capitol bureau of Gannett News Service.
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About the authors
Jay GallagherJay Gallagher has covered Albany for Gannett News Service since 1984 and has been Albany Bureau chief since 1989. He`s a native of the Boston area and likes to point out that in this millennium, the score is Red Sox 1 championship, the Yankees 0.
Cara MatthewsCara Matthews has been a statehouse correspondent in the Albany Bureau since August 2005. Prior to that, she covered Putnam County government and politics at The Journal News for nearly five years. Before that, she worked at newspapers in Connecticut and covered the state Legislature for one of them.

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