Senate Votes Unanimously To Secure Transit Funds For Transit Riders
New York - In a major victory for New York’s transit riders, the State Senate voted unanimously yesterday to put a stop to continued raids on dedicated funding for public transit by passing the Transit Funding Lockbox Act. The Transit Funding Lockbox Act (S4257) aims to prevent public transit fare hikes and service cuts. The Assembly version of the bill (A6766), sponsored by James Brennan (D-Park Slope), is now in the hands of Assembly Member Denny Farrell and Speaker Sheldon Silver. With few hours remaining in the current session, and a capital plan $10 billion short, advocates for the plan remain hopeful.