Transit Lockbox Passes Senate Unanimously, Needs Final Push In Assembly

This afternoon, the transit lockbox bill passed the State Senate, where it was sponsored by Brooklyn Republican Marty Golden, and according to the Senate’s twitter feed, the vote was unanimous. The legislation, which would bar the governor from raiding transit funds while raising the political cost of legislative raids through a series of disclosure requirements, now moves to the Assembly.

Since 2009, Albany has stolen $260 million in dedicated funds from the MTA in order to patch up the state’s budget.

James Brennan, the sponsor for the bill in the Assembly, is working to get it on the Ways and Means Committee agenda for tonight, said his legislative director, Lorrie Smith. The session will continue tomorrow, so the bill could also pass the Assembly then. Especially at this point in the session, the future of the bill is in the hands of Speaker Sheldon Silver, who will decide whether it comes to a vote.

The Assembly version of the lockbox bill currently has 39 sponsors and is backed by an unusually broad coalition of labor, business groups, and transportation advocates.

ALSO ON STREETSBLOG

Cuomo “Eviscerated” Transit Lockbox, Says Bill’s Sponsor

|
Governor Andrew Cuomo and the leadership of the state legislature added insult to injury last night, neutering the transit lockbox bill even after they put hundreds of millions in dedicated transit revenue at risk. While lockbox language did make it into the omnibus legislation passed last night, the governor’s office stripped out the meaningful provisions […]

Transit Lockbox Still Alive, Under Threat From GOP Assembly Members

|
Though the state legislature was expected to work well into the morning last night, dealing with major priorities like rent regulation and gay marriage in addition to lower-profile but still-important bills like the transit funding lockbox, the negotiated deals fell apart and the legislature put off all its business until this morning. The path to […]

Widening Coalition Calls Out Cuomo for Abandoning Transit

|
Anger over Governor Cuomo’s disregard for transit riders during this week’s special session continues to grow. Since yesterday, two new organizations have signed on to a letter calling out the governor for neutering transit lockbox legislation that the State Assembly and State Senate had passed unanimously. The League of Women’s Voters of New York City […]

Assembly Passes Transit Lockbox, Moves on to Governor

|
The transit lockbox bill, designed to prevent future raids on dedicated transit funds, has passed the State Assembly, according to the Assembly’s website. Having already passed the Senate, the legislation now only needs the signature of Governor Andrew Cuomo to become law. We’ll have more on the legislation once Cuomo has either signed or vetoed […]