This bill creates a tax credit for sustainable aviation fuel producers in New York, offering $1 per gallon (up to $2 per gallon) based on emissions reductions. Producers must meet strict criteria: fuel must reduce lifecycle greenhouse gases by at least 50% compared to jet fuel, be derived from biomass/waste, and avoid palm/petroleum sources. The credit requires certification from the New York State Energy Research and Development Authority (NYSERDA), with a $30 million annual spending cap. It directly affects fuel producers and businesses using qualifying fuel for flights departing from New York airports, aiming to incentivize cleaner aviation fuel adoption.
Establishes a public transportation expansion fund for the purpose of ensuring access to public transportation for publicly funded economic development projects.
Bill A 2638 establishes a dedicated "Long Island transportation account" within New York City's Transportation Assistance Fund. It directs 50% of specific tax revenues (from Section 1299-H of the tax law) to fund MTA operations, infrastructure, and toll reductions in Nassau and Suffolk counties, including projects connecting these counties to New York City. The account's funds cannot replace existing federal or state transportation funding and require unanimous approval from three MTA board members for use. This bill directly affects Long Island residents and MTA services in Nassau/Suffolk counties by creating a new funding stream for transportation needs.
This bill allocates $2 billion from the Metropolitan Transportation Authority's (MTA) existing 2025 state budget to fund highway and bridge projects across New York State. It directs these funds toward improving roads, highways, parkways, and bridges maintained by state, county, town, city, and village governments. The money will be immediately available for construction and repairs starting April 1, 2025, using MTA appropriations rather than new taxes.
Establishes a public transportation expansion fund for the purpose of ensuring access to public transportation for publicly funded economic development projects.
Requires the department of transportation to study the regional fairness of state funding for local roadway paving purposes, including but not limited to the Consolidated Local Street and Highway Improvement Program (CHIPS), State Touring Routes program, PAVE-NY, Pave Our Potholes (POP), and other existing local roadway aid programs, and to make recommendations concerning the reinstatement of the suburban highway improvement program (SHIPS) funding program.
Establishes the dedicated highway and bridge trust fund reform act; ensures that money deposited into the dedicated highway and bridge trust fund is spent on construction purposes and not DOT and DMV operational activities.
Relates to a state transportation plan; requires such plan include a minimum twenty-year forecast period at the time of adoption, assessing long-range needs spanning such period, including a forecast of highway pavement and bridge conditions.
Enacts a highway use tax on fuel-efficient vehicles which get at least 30 miles per gallon; requires the installation of an on-board unit to record miles travelled; reimburses vehicle owners for gas tax through a credit against highway tax; deposits moneys into the dedicated highway and bridge trust fund.
Provides for indexing of certain appropriations; provides that on and after January 1, 2027 and on each following January first, the commissioner shall index the level of such appropriations for subsequent state fiscal years based on the national highway construction cost index for the most recent twelve month period; provides that the commissioner shall increase appropriations by the rate of inflation for the most recent twelve month period that is available at the time the adjusted rate is calculated and announced using the national highway construction cost index, or a successor index as calculated by the United States federal highway administration, if such rate of inflation is greater than zero percent.
