Adjusted   Executive  Legislative
                               Approp.     Request     Approp.  
                               2001-02     2002-03     2002-03    Change

STATE OPERATIONS
  General Fund               22,091,000  20,291,000  20,291,000       0 
  Special Rev.-Other         16,410,000  16,802,400  16,802,400       0 
  Total for 
    STATE OPERATIONS:        38,501,000  37,093,400  37,093,400       0 

AID TO LOCALITIES
  General Fund               18,600,000  20,000,000  15,300,000 (4,700,000)
  Total for 
    AID TO LOCALITIES:       18,600,000  20,000,000  15,300,000 (4,700,000)


LEGISLATIVE ACTION


The Legislature appropriates $52,393,400 on an All Funds basis, a decrease 
of $4,700,000 from the Executive budget submission.

Legislative Reductions

The Legislature reduces General Fund spending by $4,700,000 to reflect 
the denial of the Executive's Rail Access Tax Incentive proposal.

Article VII

--   The Legislature approves legislation proposed by the Executive that 
would index the senior citizen income eligibility for the "enhanced" STAR 
exemption to provide for a Cost of Living Adjustment (COLA).

--   The Legislature amends the legislation proposed by the Executive 
that would provide an Enhanced STAR income verification program for 
seniors, granting seniors the option of authorizing their local assessor 
to verify income through the Department of Taxation and Finance.

--   The Legislature enacts legislation that would include Mitchell-Lama 
Cooperatives in the STAR program.

--   The Legislature approves legislation proposed by the Executive 
that would provide a STAR filing date extension due to hardship.

--   The Legislature approves legislation proposed by the Executive 
that would provide various technical amendments to the administration 
of the STAR program.

--   The Legislature denies legislation proposed by the Executive that 
would provide a Rail Access Tax Incentive program.