lockbox bill
A transit-protection bill that Cuomo doesn't like is rendered toothless, again
On Monday, transit advocates will meet with Yomika Bennett, Governor Andrew Cuomo’s assistant transportation secretary, to plead on behalf of a bill that would make it more difficult for Albany to raid mass transit funding, a bill that, at the moment, appears to be going nowhere. More
Legislators try to resurrect a failed measure to protect M.T.A. money from raiding by Albany
In December, the Cuomo administration and state legislature neutered a piece of legislation known as "the lockbox bill," that would have made it more difficult for the legislature to tamper with money intended to fund the financially unstable M.T.A.
Though the legislation had already been approved by both houses, the bill's principal provision was somehow removed amid the flurry of negotiations that restructued the state tax code and created a new class of outer-borough taxis. More
