Transportation Chair James Vacca Calls on Assembly to Pass ‘Transit Lockbox’ Bill
CITY HALL ― New York City Council Transportation Chair James Vacca today released the following statement calling on the New York State Assembly to pass A.6766C, which would prohibit the Governor from diverting dedicated transit tax revenue from the MTA and require the State Legislature, prior to reducing transit funding, to document the full impact on fares and service. The State Senate approved a companion bill, S.4257C, yesterday afternoon.
“I am calling on the State Assembly to do the right thing today and approve the “transit lockbox” bill unanimously approved by the State Senate yesterday. New Yorkers are still reeling from the devastating bus and subway cuts imposed last year after the State diverted over $140 million that was specifically set aside for the MTA. We lose credibility when we charge New Yorkers additional taxes and fees to support mass transit and then rob those funds for other purposes. The New York metropolitan region relies on its world-class transit system to remain attractive to residents and businesses, and our transit system relies on state support. The lockbox bill is essential to protecting straphangers from service cuts and fare hikes in the future.”