New York City Approves Controversial Congestion Pricing Plan
Despite Legal Challenges, MTA Plans to Implement Congestion Pricing in Spring 2024
- New York City's Metropolitan Transportation Authority (MTA) board has voted 9-1 to approve a congestion pricing plan, which would charge motorists entering Manhattan’s central business district.
- Motorists driving cars will have to pay $15 a day to enter the central business district, with different rates for trucks, motorcycles, taxis, and rideshare services.
- The congestion pricing is estimated to bring in $15 billion in revenue to the MTA, with much of the cash going toward the MTA’s 2020-24 Capital Program.
- Despite the vote, the plan still faces legal challenges from the Murphy administration and Bergen County, New Jersey, residents.
- The MTA wants to implement congestion pricing in late spring 2024.