New York legislators plow ahead on new casino bill to fill funding gap of cancelled congestion pricing plan

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New York state legislators are pushing for decisions on three New York City casino licenses in an effort to generate Metropolitan Transit Authority funding lost by Gov. Kathy Hochul’s (D-NY) decision to delay her congestion pricing plan.

The MTA, the city’s transit authority, would’ve received much of the money generated by the Manhattan tolls, but now lawmakers are seeking to fill the funding gaps with billions of dollars from casino operators for licenses. A bill speeding up the awarding of the licenses only needs to be signed by Hochul after passing the state Assembly and Senate.

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