New York 2025-2026 Regular Session

New York Assembly Bill A03242

Introduced
1/27/25  
Refer
1/27/25  

Caption

Repeals the metropolitan commuter transportation mobility tax; requires the commissioner of taxation and finance to review and recommend to the governor, the temporary president of the senate, and the speaker of the assembly any other provisions of law which require amendments or repeal thereof.

Summary

Bill A03242 proposes the repeal of Article 23 of the New York tax law, which pertains to the metropolitan commuter transportation mobility tax (MCTMT). This tax is levied on employers and self-employed individuals within the metropolitan commuter transportation district. The bill aims to eliminate this tax and mandates that the commissioner of taxation and finance conduct a review of existing laws to identify any additional provisions that may require amendments or repeal in light of this change.

Impact

The repeal of the MCTMT would directly affect employers and self-employed individuals in the metropolitan commuter transportation district by relieving them of this tax burden. This could potentially lead to increased disposable income for affected parties and may influence employment decisions within the region. Additionally, the requirement for a review of other related laws could lead to further legislative changes in tax policy.

Sentiment

The sentiment surrounding Bill A03242 appears to be mixed, with proponents arguing that the repeal will benefit local businesses and stimulate economic growth, while opponents may express concerns about the potential loss of revenue for public transportation funding. However, the lack of voting history and committee discussions makes it difficult to gauge the overall public and legislative sentiment comprehensively.

Contention

Notable points of contention include the potential impact on public transportation funding, which relies on the revenue generated from the MCTMT. Supporters of the repeal argue for economic relief for taxpayers, while critics may highlight the importance of maintaining stable funding for transportation services. The discussion may also involve differing opinions on the overall tax burden in the region.

Companion Bills

NY S00203

Same As Repeals the metropolitan commuter transportation mobility tax; requires the commissioner of taxation and finance to review and recommend to the governor, the temporary president of the senate, and the speaker of the assembly any other provisions of law which require amendments or repeal thereof.

Previously Filed As

NY S00203

Repeals the metropolitan commuter transportation mobility tax; requires the commissioner of taxation and finance to review and recommend to the governor, the temporary president of the senate, and the speaker of the assembly any other provisions of law which require amendments or repeal thereof.

NY S08465

Establishes the "health care information management act"; requires an annual report by the commissioner to the governor, the temporary president of the senate and the speaker of the assembly.

NY S10371

Establishes a committee to examine the state industrial code and recommend any changes that need to be made; requires a report to be sent to the governor, the commissioner, the temporary president of the senate, the speaker of the assembly, the senate minority leader and assembly minority leader on any changes that need to be made to the state industrial code.

NY S07934

Requires pure captive insurance companies and group captive insurance companies who are a public entity, political subdivision, public authority, public benefit corporation, or a subsidiary thereof to hold at least two meetings each year in this state, have a majority of members required to be residents of this state, file an annual report with the governor, the temporary president of the senate, the speaker of the assembly, and the minority leaders of the senate and assembly, and submit to additional examinations.

NY A07560

Requires the developmental disabilities advisory council to submit an annual report to the governor, temporary president of the senate and the speaker of the assembly on the activities of the council, and to make such report public.

NY S07793

Requires the developmental disabilities advisory council to submit an annual report to the governor, temporary president of the senate and the speaker of the assembly on the activities of the council, and to make such report public.

NY S08043

Directs the commissioner of mental health to conduct a study of child- and youth-targeted mobile crisis outreach teams in New York state, and deliver a report including the findings and recommendations of such study to the governor, the temporary president of the senate, and the speaker of the assembly.

NY HB261295

Concerning the repeal of obsolete statutory requirements related to fulfilled reporting requirements, and, in connection therewith, repealing entities that have fulfilled their statutory requirements.

NY A01533

Requires the temporary president of the senate and the speaker of the assembly to provide each member of their respective chamber with any reports issued to them.

NY S10316

Requires the results of any outage management system stress test conducted in the state by a utility company to be posted online and such results to be sent to the temporary president of the senate, the speaker of the assembly and the chairs of the senate and assembly standing committees on energy.

Similar Bills

No similar bills found.