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 it. For now, kudos to those who shepherded it through the Assembly, including lead sponsor Jim Brennan.

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Who, Me? Cuomo Vetoes Lockbox Bill, Denies Raiding Transit

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Hours after the MTA announced that it would be scaling back planned fare hikes in part because of better-than-expected tax receipts, Governor Cuomo vetoed two transparency bills designed to discourage Albany from siphoning away those very same dedicated transit funds. The governor capped his veto with a brazen denial: Despite getting caught raiding the MTA’s budget earlier […]

Pressure Builds Upstate for Cuomo to Sign Transit Lockbox Bill

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The transit lockbox bill, which would help safeguard dedicated transportation funds by requiring the state to disclose the impact of transit raids, still awaits a signature from Governor Cuomo following unanimous Senate and Assembly votes earlier this year. Now, two upstate newspapers are calling on the governor to sign the bill. A previous version of the […]