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History
- Referred to transportation
- Referred to transportation
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Allows MTA to establish discount fares for full-time under graduate students
In Assembly Committee · Corporations, Authorities And Commissions · Sponsor William Colton
Full text
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Sponsor's memo
Title of bill
An act to amend the public authorities law, in relation to rates of fare on the Metropolitan Transportation Authority
Purpose or general idea of bill
Establishes a discount fare rate of no less than 25% for undergraduate students attending an accredited college full time on the Metropolitan Transportation Authority system.
Summary of specific provisions
Amends §1266 of the public authorities law by adding a new subdivision 19 providing for a discount fare rate program of no less than twenty-five percent of the regular fare for full-time undergraduate students attending an accredited college.
Justification
A college education is essential in today's economy. With the increases to property taxes, utilities, gasoline, and with the growing unemployment rate, parents are hard pressed to continue funding increased costs associated with a college education. Students who are funding their higher education on their own through student loans and work are in a worse position due to tuition and fee increases.
People who graduated from one of the CUNY institutions between 1970 and 1997 pay an estimated $708 million per year more in City and State taxes than if they had not earned a college degree. Their annual spending is $4.6 billion higher than if they had not gone to college.
Tins legislation will lower transportation costs for those who are attending an accredited college full-time. College students and their families need all the help they can get to make a college education possible.
An additional significant benefit of this legislation would be encouraging the use of public transportation which provides environmental benefits to all residents. Use of public transportation can lower air pollution and help New York State comply with environmental standards.
Prior legislative history
2008 - A.2769/Corporations, S.2704/Transportation 2007 - A.2769/Corporations, S.2704/Transportation 2004 - Referred to Corporations
Fiscal implications
Based upon the history of discount programs in the 1990's, it is anticipated that no loss of revenue from the discounted fares would be realized due to the amount of additional revenues generated from new riders in the system.
Effective date
This act shall take effect on the first of January next succeeding the date on which it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.