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NY S04692
Bill
Status
3/21/2019
Primary Sponsor
Andrew Gounardes
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AI Summary
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Eliminates the exemption from NYC parking tax for individual residents of Manhattan, making them subject to tax on monthly or longer-term vehicle parking, garaging, or storage services at their primary residence.
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Requires a portion of parking taxes collected from Manhattan residents to be remitted to the Metropolitan Transportation Authority finance fund instead of the city's general fund.
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Imposes an additional $50 vehicle registration fee for vehicles registered to residents of the borough of Manhattan, to be collected quarterly and remitted to the Metropolitan Transportation Authority finance fund.
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Takes effect January 1 of the year following enactment.
Legislative Description
Eliminates the Manhattan resident parking tax exemption and increases the car registration fee for cars registered to residents of Manhattan.
Last Action
REFERRED TO CITIES
1/8/2020