Bill > A03477

This bill amends the New York State Tax Law to expand exemptions from the Metropolitan Commuter Transportation Mobility Tax (a tax that helps fund public transit in the metropolitan New York City region). Specifically, the bill adds a new exemption for political subdivisions like counties, towns, cities, and villages, with one key exception: cities with a population of one million or more (which would effectively exclude New York City) are not exempt. The bill modifies existing language that previously defined exemptions for entities like interstate agencies, public corporations, and educational institutions. The change means that most local government entities would no longer have to pay this mobility tax, potentially reducing their financial burden. By allowing smaller municipalities to be exempt from this tax, the bill aims to provide some financial relief to local governments outside of New York City. The amendment will take effect immediately upon becoming law.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A3477