Sentences with phrase «payroll mobility tax»

So the MTA won't be collecting this money from the dedicated payroll mobility tax, but from the state's general fund.

New City, NY (July 3, 2013)-- Rockland County Legislator Ed Day (New City - Pomona) is sponsoring a resolution to call upon the State Assembly to pass Assembly Bill A. 1443, that would phase out the Metropolitan Transit Authority payroll mobility tax in 2017 and related Assembly Bill A. 7775 that would immediately exempt community colleges from the burden of the payroll tax.

The cut to the M.T.A. payroll mobility tax was only one of a series of recent developments in Albany that the advocates found disturbing.

PRESS RELEASE New City, NY (July 3, 2013)-- Rockland County Legislator Ed Day (New City - Pomona) is sponsoring a resolution to call upon the State Assembly to pass Assembly Bill A. 1443, that would phase out the Metropolitan Transit Authority payroll mobility tax in 2017 and related Assembly Bill A. 7775 that would immediately exempt community colleges -LSB-...]

The plan, whose details will be sorted out shortly in a special legislative session, calls for a $ 250 million cut to the M.T.A. - dedicated payroll mobility tax for small businesses.

So there is an opening for a grand bargain of some sort, perhaps one involving a repeal of the much - hated payroll mobility tax.

The rest comes from other revenue sources, like the M.T.A. payroll mobility tax.

All the way back in the halcyon days of 2011, when proud centrist Andrew Cuomo reached a tax deal with Republicans in the State Senate, exempting private schools, small businesses, and other groups from having to pay the payroll mobility tax, which put $ 320 million into the MTA's pockets every year.

The Senate Republicans were trying to exempt schools from the payroll mobility tax, -LSB-...]

Repealing the payroll mobility tax, passed along strict party lines as part of the 2009 MTA funding package, is a top priority for many suburban State Senate candidates, especially Republicans.

The payroll mobility tax will be cut by $ 250 million under the deal, though the MTA will be reimbursed for its losses.

«It's certainly reasonable that we'll see the new revenue streams, given Cuomo's interest,» Gelinas said, «But it's just a repeat of the bailout in 2009, where [lawmakers] approved huge new revenue in the payroll mobility tax — and now they're right back where they were.»

But has the governor kept his word about making sure that the MTA got the $ 320 million for operating expenses it lost when the payroll mobility tax was eliminated?

Andrew Cuomo continues to leave the door open for cuts or changes to the NYC region's payroll mobility tax, which raises $ 1.34 billion annually for the MTA.

Though most of the exemptions in the budget sweep were required by law, one of only a handful of discretionary exemptions was the payroll mobility tax, which raises over $ 1 billion a year for the MTA.

The Citizens Budget Commission warns suburban voters to be careful what they wish for when it comes to the MTA's payroll mobility tax.

Martins was referring to the grand budget compromise hammered out by Cuomo and legislative leaders in December, in which the governor gave Senate Republicans a payroll mobility tax cut in exchange for their support of a tax hike on high - income earners.

Specifically, they were proposing reductions to the payroll mobility tax, which was established in 2009 to help shore up the authority's teetering finances by levying a 34 - cent tax on every $ 100 of payroll for employees in the 12 counties served by the M.T.A.

Governor Andrew Cuomo and his approach to the M.T.A. payroll mobility tax could, in that regard, prove a useful guide.

The governor additionally said that a payroll mobility tax that already goes the state should instead go directly to the MTA.