The governor also said the state will take steps that could lead to the first expansion of nuclear power in decades.

ALBANY, New York — Gov. Kathy Hochul wants to cut state income taxes by $1 billion over the next two years — part of an agenda aimed at combating voters’ economic concerns that helped deliver President-elect Donald Trump’s victory. The Democratic governor is also trying to improve her own political standing ahead of her 2026 reelection.

The proposed cuts would apply to roughly three-quarters of New York taxpayers, and credits would go to new parents.