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U.S. DOT Announces $354 Million for Transit, Only $10 Mil. for Congestion Tax

August 14th, 2007 · No Comments

The U.S. Department of Transportation has awarded New York City $354 million to initiate congestion pricing, including purchasing and installing equipment to impose the tax on drivers.
However, in order to access most of these funds, the State legislature must authorize the Mayor of New York City to tax drivers under this scheme by March 2008.
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Tags: Congestion Tax Update