ALBANY — The Republican-led Senate met Monday in a special session to pass an economic package that could be quickly forgotten, in what might be its last two weeks in power.

The Senate GOP passed a proposal on economic development and job creation that’s intended to cut taxes and employee health insurance costs for small businesses and manufacturers to make them more competitive.

The proposal would offer tax credits for creating new jobs and cut down on the expensive red tape in government regulations for businesses. It would also offer interest-free loans to students who stay in the state.

But that and other bills the Republican-led Senate passed will only be alive until Dec. 31. The Democrat-led Assembly doesn’t plan to meet before January, so the Senate action won’t become law.

Republicans lost the Senate majority in the November elections.

They also confirmed some of the governor’s nominations and resolutions, including one to honor former Newsday journalist Rhoda Amon, who died of complications from breast cancer in October.

Sen. Craig Johnson, of Long Island, called for the resolution to be passed, calling Amon a “fair and never flinching” reporter who fought for women’s rights and equal pay in her 42 years working for the paper.

“She’s a trailblazer in the newspaper profession,” Johnson said.

The special session will cost taxpayers almost $9,000 per day in $143 per diem payments to senators on top of travel and meal costs for lawmakers and their staffs. Most lawmakers arrive the night before session and charge two days of expenses.