S 4333 New York Senate · 2025 Regular Session

Relates to exempting the metropolitan transportation authority from bond issuance charges

This bill exempts the Metropolitan Transportation Authority (MTA) and related transit agencies (New York City Transit Authority, Triborough Bridge and Tunnel Authority) from paying state fees when issuing bonds. It amends a law to specifically exclude these agencies' bonds from standard bond issuance charges required by the state. The provision directly affects how these transit authorities finance projects by removing a financial obligation for bond sales. The change applies immediately upon enactment and covers all bonds issued by these entities, including those tied to federal recovery programs.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2025 Last action Jan 7, 2026
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Committee
2
Jan 7, 2026
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
upper
Feb 4, 2025
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
upper
1 primary · 2 co-sponsors

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