Current:Home > FinanceDrivers would pay $15 to enter busiest part of NYC under plan to raise funds for mass transit -Ascend Finance Compass
Drivers would pay $15 to enter busiest part of NYC under plan to raise funds for mass transit
View
Date:2025-04-16 08:45:41
NEW YORK (AP) — Most drivers would pay $15 to enter Manhattan’s central business district under a plan released by New York officials Thursday. The congestion pricing plan, which neighboring New Jersey has filed a lawsuit over, will be the first such program in the United States if it is approved by transportation officials early next year.
Under the plan, passenger car drivers entering Manhattan south of 60th Street during daytime hours would be charged $15 electronically, while the fee for small trucks would be $24 and large trucks would be charged $36.
Cities such as London and Stockholm have similar programs in place, but New York City is poised to become the first in the U.S.
Revenue from the tolls, projected to be roughly $1 billion annually, would be used to finance borrowing to upgrade the city’s mass transit systems.
The proposal from the Traffic Mobility Review Board, a New York state body charged with advising the Metropolitan Transportation Authority on the tolls, includes discounts for travel between 9 p.m. and 5 a.m. and for frequent low-income drivers. Government vehicles such as municipal garbage trucks would be exempt.
Taxi drivers would pass a $1.25 surcharge onto their passengers for entering the congestion zone, while app-based ride-hail passengers would see a $2.50 surcharge.
Officials say that in addition to funding needed transit improvements, congestion pricing will result in improved air quality and reduced traffic.
“Absent this we’re going to choking in our own traffic for a long time to come and the MTA is not going to have the funds necessary to provide quality service,” Carl Weisbrod, chair of the traffic review board, said in presenting the report to MTA officials.
Opponents include taxi drivers, who had pushed for a full exemption.
“The city has already decimated the taxi industry with years of unregulated, unchecked competition from Uber and Lyft, and the MTA seems poised to land a final blow to the prospect of stability and modest survival,” Bhairavi Desai, executive director of the New York City Taxi Workers Alliance, said in a news release. “If this proposal is implemented, thousands of driver families will get dragged back into crisis-level poverty with no relief in sight.”
New Jersey Gov. Phil Murphy criticized the traffic mobility board’s proposal after some news organizations reported on it Wednesday ahead of its official release.
“The Traffic Mobility Review Board’s recommended credit structure is wholly inadequate, especially the total lack of toll credits for the George Washington Bridge, which will lead to toll shopping, increased congestion in underserved communities, and excessive tolling at New Jersey crossings into Manhattan,” Murphy, who filed a federal lawsuit over congestion pricing in July, said in a statement.
The MTA board will vote on the plan after a series of public hearings scheduled for February 2024.
veryGood! (23863)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- White House perplexed by Netanyahu claims that U.S. is withholding weapons
- Water emergency halts tourist arrivals at Italy’s popular Capri island
- Cristiano Ronaldo ‘lucky’ not to come to harm after he’s confronted by selfie-seekers, coach says
- 2025 'Doomsday Clock': This is how close we are to self
- You can root for Caitlin Clark without tearing other players down
- All involved in shooting that critically wounded Philadelphia officer are in custody, police say
- Not just a book: What is a Gutenberg Bible? And why is it relevant 500 years after its printing?
- Rylee Arnold Shares a Long
- What's the best temperature to set AC during a heat wave?
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Amazon to stop using plastic air pillows in packages
- Arkansas grocery store mass shooting suspect Travis Posey arrested, facing murder charges
- The Real World's Sarah Becker Dead at 52
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- How Sherri Papini's Kidnapping Hoax Unraveled and What Happened Next
- Family of Massachusetts teen John McCabe searches for justice in 1969 murder
- Cruise ship rescues 68 migrants adrift in Atlantic
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Bridgerton's Simone Ashley Defends Costar Nicola Coughlan Against Body-Shaming Comments
Israel's Netanyahu appears at odds with White House and Israel's military over war with Hamas in Gaza
Georgia's Charlie Condon wins 2024 Golden Spikes Award as top college baseball player
Senate begins final push to expand Social Security benefits for millions of people
3 killed, 10 wounded in mass shooting outside Arkansas grocery store
Fever at Sky score, highlights: Angel Reese extends double-double streak in win Caitlin Clark, Fever
NASCAR driver, Mexican native Daniel Suarez celebrates becoming American citizen