New York's Assembly is set to begin final legislative approval of the $135 billion state budget that raises the minimum wage to $9 per hour over three years and offers a $350 rebate to families with children.

The Assembly plans an early start Thursday and could finish voting by evening, although a late session and Friday session are still possible.

advertisement | advertise on newsday

The Senate gave its approval to budget bills in an overnight session that ended at 4 a.m. Wednesday.

The budget includes extending an income tax on millionaires that was to expire next year, an election year. It also continues for three years a big business tax on energy costs that had been set to expire this year.

New Yorkers with incomes between $40,000 and $300,000 who have at least one child would get a $350 check per family just before the 2014 elections.

The Senate approved increasing school aid by about $1 billion, cracking down on abuse of a property tax program, and ensure that downstate gas stations have backup generators if there are power outages.

advertisement | advertise on newsday

The budget is due by midnight Sunday.