HomeTop StoriesNew York imposes first ever congestion pricing plan in US

New York imposes first ever congestion pricing plan in US

New York, Jan 5 (IANS) A congestion pricing plan covering Lower and Midtown Manhattan took effect on Sunday, making New York City the first US city to implement such a plan.

Vehicles will be tolled to enter the congestion relief zone with the amount depending on the type of vehicle, time of day, whether any crossing credits apply, and the method of payment with discounts and exemptions applicable to certain drivers or vehicles, the Metropolitan Transportation Authority (MTA) said.

Passenger and small commercial vehicles, trucks, buses, and motorcycles entering the congestion relief zone will be charged once per day while passengers of taxis and for-hire vehicles will be charged for each trip to, from, within, or through the congestion relief zone.

The tolls would be adjusted upward in 2028 and 2031 as regulators phase out 40 per cent of discounts offered at the beginning.

It’s estimated that the congestion pricing plan would drive down the number of vehicles entering the congestion relief zone and vehicle miles in the zone by 10 per cent and 5 per cent, respectively.

The MTA is expected to add $1 billion of revenues each year to fund its capital spending plan of as much as $15 billion.

Controversy around the congestion plan has led to multiple lawsuits in New York and New Jersey, but opponents failed to block the implementation, Xinhua news agency reported.

The concept gained traction in New York for a brief period in 2007 when then-Mayor Michael R. Bloomberg introduced a congestion-pricing initiative, which ultimately failed to advance in the State Legislature. A decade later, Governor Andrew M. Cuomo revisited the proposal in response to a crisis affecting subway services. The tolling plan was ultimately approved as part of the state budget in 2019.

However, just prior to its scheduled implementation in June, Governor Kathy Hochul, a Democrat, postponed the plan, citing concerns that the tolls could negatively impact the city’s economy. Some critics argued that the proposal, which public opinion polls indicated was largely unpopular, could adversely affect Democratic candidates in the upcoming November elections.

–IANS

int/jk/

Go to Source

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

RELATED ARTICLES
- Advertisment -

Most Popular