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NY A10503

Bill

Status

Introduced

3/6/2026

Primary Sponsor

Brian Cunningham

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Creates a New York State tax credit for commercial truck owners who enter Manhattan's central business district (congestion pricing zone) multiple times per day, covering tolls beyond the first daily entry
  • Takes effect for taxable years beginning on or after January 1, 2026
  • Caps the annual credit at $25,000 per taxpayer
  • Allows unused credit amounts to be refunded if the credit exceeds the taxpayer's liability, though no interest will be paid on refunds
  • Introduced by Assembly Member Cunningham and referred to the Ways and Means Committee on March 6, 2026

Legislative Description

Establishes a tax credit for commercial trucks entering into the central business district for all additional tolls charged on trips into the central business district after the first entry per day.

Last Action

referred to ways and means

3/6/2026

Committee Referrals

Ways and Means3/6/2026

Full Bill Text

No bill text available