Bill > S00203

This bill repeals Article 23 of the tax law, which specifically eliminates the metropolitan commuter transportation mobility tax (MCTMT), a tax previously imposed on certain employers in the Metropolitan Commuter Transportation District, which primarily includes New York City and surrounding counties. Additionally, the bill requires the commissioner of taxation and finance to conduct a comprehensive review within 60 days of the bill's effective date and recommend to key state leaders (the governor, senate president, and assembly speaker) any other laws that might need amendments or repeal as a result of this change. The bill will take effect 270 days after becoming law, which provides time for administrative preparation and allows relevant state agencies to adjust to the tax's elimination. The bill also grants immediate authorization for state agencies to develop and complete any necessary regulatory changes to implement the law's provisions before its official effective date.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S203