Directs payment of certain internet sales and use taxes into the central business district tolling capital lockbox fund without appropriation.
New York A00567 amends the state finance law, public authorities law, and tax law to direct certain internet sales and use taxes into the central business district tolling capital lockbox fund without appropriation. The fund is partially dedicated for the Metropolitan Transportation Authority (MTA). The bill specifies annual deposits into the fund for certain fiscal years and mandates monthly deposits in subsequent years. The city of New York has no right or interest in the taxes deposited into the fund.
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