What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Reported and committed to finance
- Referred to investigations and government operations
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.
Relates to guaranteed shares of revenue of the metropolitan commuter transportation mobility tax
In Assembly Committee · Ways And Means · Sponsor Philip Ramos
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the tax law, the state finance law and the public authorities law, in relation to guaranteed shares of revenue of the metropolitan commuter transportation mobility tax
Purpose or general idea of bill
The purpose of this bill is to allow suburban counties to retain a fair share of the Metropolitan Commuter Transportation Mobility Tax (MTA Payroll Tax) to meet critical transportation needs. A portion of the MTA Payroll Tax would be returned to counties to provide a 50% subsidy of the local portion of costs for mass transit and a 50% reduction in the costs of Station Maintenance.
Summary of specific provisions
Section 1: (a) Would deposit taxes, interest and penalties collected or received by the commissioner into either banks, banking houses or trust companies, as designated by the comptroller. (b) Calls for the amount of revenues to be paid over by the fifteenth and the final business day of each succeeding month from such account into the mobility tax trust account to each respective county of the district and to the metropolitan transportation authority finance fund established under the public authorities law.
Read the full memo (672 words)
Section 2: Monies in the "mobility tax trust account" shall be paid over directly to the chief financial officer of each respective county of the district, in the amount sufficient to defray 50% of the local share of operation and maintenance costs for the public bus service and 50% of the station operation and maintenance costs and to be transferred on a monthly basis to the metropolitan transportation authority finance fund.
Section 3: If the city or county fail to make payment to the authority for station maintenance as required, the CEO of the authority shall certify to the state comptroller the amount due and owing the authority at the end of the state fiscal year and the comptroller shall withhold an equivalent amount for the next succeeding state aid allocated to such county or city for the motor fuel tax and the motor vehicle registration fee. Prior to withholding amounts due, the authority from such county or city, the comptroller shall pay in full the amount due to the state of New York municipal bond bank agency, the city university construction fund, the NYC housing development corporation and the transit construction fund.
Section 4: Effective date
Justification
Since 2009, the MTA Payroll Tax has imposed a 0.34% tax on employers within the Metropolitan Commuter Transportation District (MCTD). To date, the counties included in the district: New York (Manhattan), Bronx, Kings (Brooklyn), Richmond (Staten Island), Queens, Nassau, Orange, Suffolk, Rockland, Putnam, Dutchess, and Westchester have contributed nearly $1.5 billion dollars to the MTA. Thanks to the efforts of our suburban delegation, the tax was dramatically reduced in 2011 to the benefit of suburban communities. Unfortunately, the MTA Payroll Tax remains law at the reduced rate.
Communities outside New York City pay the MTA Payroll Tax, which results in far more money coming out of these counties than benefits received. Simultaneously, the needs of local residents have been increasing as the result of more intra-county travel and a regional shift towards transit oriented developments where downtowns are being redeveloped in an effort to spur economic development and much needed job growth. The systems also provide transportation to the most vulnerable members of our society who are wholly reliant on these systems for transportation to health care and other vital services.
In addition to the MTA Payroll Tax, suburban taxpayers support the regional transit system by funding local transit operations which connect passengers to MTA bus, rail and subway stops. This is in addition to other surcharges which support the MTA system, including MTA Commuter Transportation District Taxicab and Hail Vehicles Rides, MTA Auto Rentals, and MTA Corporate Surcharges in addition to bearing the costs of local transit systems that support the regional transit network.
Prior legislative history
New bill
Fiscal implications
None to the state
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.