Bill > A06431

This bill requires a portion of the sales tax collected on motor fuel to be deposited into the dedicated highway and bridge trust fund, gradually increasing the amount over several years. Specifically, the bill amends existing tax law to mandate that one cent (initially) of the sales tax per gallon of motor fuel sold at retail will be deposited into the special obligation reserve and payment account of the dedicated highway and bridge trust fund. The bill incrementally increases this amount: from one cent to two cents in state fiscal year 2026, then to three cents in 2027, and finally to four cents in 2028. This approach ensures a steady and increasing stream of funding for highway and bridge infrastructure maintenance and improvements. The bill also updates related sections of the state finance law to reflect these changes and is designed to take effect on April 1, 2025, with specific sections becoming effective in subsequent years. By dedicating a portion of motor fuel sales tax to infrastructure funding, the bill aims to provide a more consistent and growing revenue source for transportation infrastructure projects.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A6431