As part of her 2025 State of the State, New York Governor Kathy Hochul has proposed an expansion of New York’s child tax credit.

Governor Kathy Hochul has proposed what she describes as the largest expansion of the child tax credit in New York State’s history.Eligible families could receive a yearly tax credit of up to $1,000 for each child under the age of four.

Gov. Kathy Hochul has now released two early proposals from her State of the State message that aim to address concerns over the high cost of living.

Gov. Kathy Hochul proposed expanding the Empire State Child Tax Credit. Unveiled as a preview of her upcoming 2025 State of the State address, the plan pays as much as $1,000 per child up to age 3, and $500 for kids aged 4 and 16.

Gov. Kathy Hochul wants to expand New York state’s child tax credit and potentially give families with children under age four up to $1,000 per youngster in the household. Under Hochul’s proposal, which she unveiled during a Jan.

The proposal would raise the credit to a maximum of $1,000 per child — the largest expansion in state history.