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VisitOutcome of proposed NYC business tax by end of 2024?
Tax is implemented • 33%
Tax is rejected • 33%
No decision made • 33%
Official announcements from the New York State government or legislative records
Governor Hochul Indefinitely Delays NYC Congestion Pricing Plan Set for June 30
Jun 5, 2024, 05:07 PM
New York Governor Kathy Hochul has indefinitely delayed the implementation of the city's congestion pricing plan, which was set to begin on June 30. The plan, which would have charged motorists up to $15 to enter Manhattan's central business district, faced significant opposition from various stakeholders, including business leaders and Democratic officials like Eric Adams. Hochul's decision comes amid concerns over the economic impact of the tolls and potential political fallout. The governor is considering replacing the congestion charge with a tax on New York City businesses. This move has sparked outrage among supporters of the initiative, who argue that congestion pricing is essential for reducing traffic, improving air quality, and generating revenue for public transportation improvements. The MTA had been directed to pause the program, which was seen as an emblematic climate change policy. Critics also pointed to the influence of political figures like Hakeem Jeffries in the decision. Drivers using E-ZPass would have paid as much as $15 to enter Manhattan south of 60th Street.
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Business Tax • 25%
Sales Tax Increase • 25%
Property Tax Increase • 25%
No Alternative Plan • 25%
Implemented as initially planned • 33%
Modified plan implemented • 33%
No implementation • 33%
Approved Without Changes • 33%
Approved With Changes • 33%
Rejected • 33%
Congestion Pricing • 25%
Business Tax • 25%
Increased Public Transit Funding • 25%
Other • 25%
Moderate reduction in funding • 33%
Significant reduction in funding • 33%
No substantial impact on funding • 33%