New York S 9703: Relates to the service area for paratransit transportation
Status: REFERRED TO TRANSPORTATION (as of 2024-05-22)
State: New York · Session: 2023-2024 · Bill: S 9703
Sponsors: Jeremy Cooney, Alexis Weik, Andrew Gounardes, Anthony H. Palumbo, Brad Hoylman-Sigal, Cordell Cleare, George Borrello, Jake Ashby, John Mannion, Joseph P. Addabbo Jr., Michelle Hinchey, Monica Martinez, Patrick M. Gallivan, Rachel May, Robert Ortt, Robert Rolison, Samra Brouk, William Weber, Zellnor Myrie
Bill Text
Bill Search and Legislative Information | New York State Assembly • • • • • • • • Skip to main content New York State Assembly Speaker Carl E. Heastie --> --> --> • Assembly Members • Legislative Info • Public Hearings • Speaker's Press • Assembly Reports • Committees & More • Bill Search Home • Laws • Legislative Calendar • Public Hearing Schedule • Assembly Calendars • Assembly Committee Agenda Javascript must be enabled to properly view this page. Bill No.: • Summary • Actions • Committee Votes • Floor Votes • Memo • Text • LFIN • Chamber Video/Transcript S09703 Summary: BILL NOS09703   SAME ASNo Same As   SPONSORCLEARE   COSPNSR   MLTSPNSR   Amd §1105, Tax L; amd §§92-ff & 88-a, St Fin L   Relates to the transfer of funds into the metropolitan transportation authority aid trust account and the public transportation system operating assistance account. Go to top S09703 Actions: BILL NOS09703   04/02/2026REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS Go to topS09703 Committee Votes: Go to topS09703 Floor Votes: There are no Assembly votes for this bill in this legislative session. Go to topS09703 Text: STATE OF NEW YORK ________________________________________________________________________ 9703 IN SENATE April 2, 2026 ___________ Introduced by Sen. CLEARE -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law and the state finance law, in relation to the transfer of funds into the metropolitan transportation authority aid trust account and the public transportation system operating assistance account The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph 10 of subdivision (c) of section 1105 of the tax 2 law, as added by section 2 of part U-1 of chapter 57 of the laws of 3 2009, is amended to read as follows: 4 (10) Transportation service, whether or not any tangible personal 5 property is transferred in conjunction therewith, and regardless of 6 whether the charge is paid in this state or out of state so long as the 7 service is provided in this state. For purposes of this section, trans- 8 portation service shall include services provided by transportation 9 network companies. 10 § 2. Subdivision 6 of section 92-ff of the state finance law is 11 amended by adding a new paragraph (c) to read as follows: 12 (c) The comptroller is hereby authorized and directed to transfer from 13 the general fund for deposit into the metropolitan transportation 14 authority aid trust account, on or before March thirty-first of each 15 year, an amount equal to the following: 16 (i) For the state fiscal year ending March thirty-first, two thousand 17 twenty-six, ten million dollars; 18 (ii) In each succeeding state fiscal year, the transfer shall ensure 19 that the metropolitan transportation authority aid trust account 20 receives a sum equal to fifty percent of gross receipts of state sales 21 and compensating use taxes collected pursuant to section eleven hundred 22 five of the tax law for transportation services provided by transporta- 23 tion network companies originating in any of the twelve counties that 24 comprise the metropolitan transportation commuter district established 25 pursuant to section twelve hundred sixty-two of the public authorities EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15437-01-6 S. 9703 2 1 law, in addition to the receipts collected under section twelve hundred 2 eighty-one of the tax law. Provided, however, that if the aggregate 3 amount of revenues retained by the metropolitan transportation authority 4 pursuant to paragraph ten of subdivision (c) of section eleven hundred 5 five of the tax law and section twelve hundred eighty-one of the tax law 6 is less than eighty-five million dollars, then the comptroller shall 7 increase the percentage of state sales and compensating use taxes 8 retained by the metropolitan transportation authority until it retains 9 no less than eighty-five million dollars for the state fiscal year 10 ending March thirty-first, two thousand twenty-seven. Further, the comp- 11 troller shall increase the level of transfer from the general fund for 12 subsequent state fiscal years to an amount equal to the product of the 13 aggregate amount discussed in the previous sentence and one plus the 14 consumer cost change factor. For purposes of this subparagraph, the 15 consumer cost change factor is the percentage of change of the national 16 consumer cost index for the most recent twelve month period relative to 17 the previous twelve month period. 18 § 3. Subdivision 5 of section 88-a of the state finance law is
View New York S 9703 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.