ALBANY, N.Y. (AP) — The Democratic majority in the New York State Assembly will push tax incentives for small and developing businesses when it releases its spending proposal for the state next week.

Assembly Speaker Carl Heastie announced Wednesday these incentives will be part of an economic and employment growth plan to support New York families.

The Assembly's budget proposal would double current research and development tax credit percentages, and increase the number of businesses eligible for tax credits when they invest in job creation.

Republican Senate leadership also released a statement Wednesday indicating the majority would reject many tax and fee increases proposed by Gov. Andrew Cuomo in his executive budget.

The Senate and Assembly are set to release their budgets next week and must negotiate differences in their proposals before April 1.

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