An auto insurance deal is close, sources say

And New York wants pitches from developers for renewable energy projects

Good afternoon — It’s Friday and Arbor Day.

In today’s CapCon:

• One of the thorniest subjects in state budget negotiations could be near a resolution but it doesn’t mean a state budget deal is imminent.

• The public has weighed in on regulations that could be eliminated and we’ve got some idea of what New Yorkers told the governor.

• The state is seeking pitches from developers of land-based renewable energy projects, like land-based wind, hydroelectric and large-scale solar.

• A bill that would require the state to proactively post financial disclosure statements of candidates is moving through the Legislature.

• Private employers would be required to notify workers they’re being displaced by AI under a new bill.

Names in today’s CapCon: Kathy Hochul, Carl E. Heastie, Heather Mulligan, Doreen Harris.

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Today’s Capitol Confidential is sponsored by VNS Health

Legislators: New York’s MLTC rate system is underfunding plans caring for residents with the most complex care needs — including older adults and people living with disabilities who rely on support at home — and the state must act now. Without intervention this year, impact will deepen. Plans serving high-acuity populations — including VNS Health, the state’s only statewide 5-star MLTC plan — are already operating at the limits of what the system can support. Learn more.

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Will Waldron/Times Union

🚗 Hochul and lawmakers near deal on auto insurance proposals

The stickiest subject in state budget talks could be near a resolution, sources within the state Legislature said Friday.