The 154th New York State Legislature, consisting of the New York State Senate and the New York State Assembly, met from January 7 to September 19, 1931, during the third year of Franklin D. Roosevelt's governorship, in Albany.

Under the provisions of the New York Constitution of 1894, re-apportioned in 1917, 51 Senators and 150 assemblymen were elected in single-seat districts; senators for a two-year term, assemblymen for a one-year term. The senatorial districts consisted either of one or more entire counties; or a contiguous area within a single county. The counties which were divided into more than one senatorial district were New York (nine districts), Kings (eight), Bronx (three), Erie (three), Monroe (two), Queens (two) and Westchester (two). The Assembly districts were made up of contiguous area, all within the same county.

At this time there were two major political parties: the Democratic Party and the Republican Party. The Law Preservation Party, the Socialist Party, the Communist Party and the Socialist Labor Party also nominated tickets.

The New York state election, 1930, was held on November 4. Governor Franklin D. Roosevelt and Lieutenant Governor Herbert H. Lehman, both Democrats, were re-elected. Of the other three statewide elective offices, two were carried by Democrats and one by a Republican judge with Democratic endorsement. The approximate party strength at this election, as expressed by the vote for Governor, was: Democrats 1,770,000; Republicans 1,045,000; Law Preservation 191,000; Socialists 100,000; Communists 18,000; and Socialist Labor 9,000.

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