Gov. Kathy Hochul is proposing a major expansion of New York’s child tax credit of up to $1,000 per child, she announced Monday. The plan, one of several the governor plans to set forth during her annual State of the State address next week,

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

Hochul said she wants to provide families with an annual tax credit of up to $1,000 per child under age 4, and up to $500 per child from ages 4 through 16.

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.