Hochul Sets January 2025 Start for Congestion Pricing

New York Governor Kathy Hochul has reinstated the congestion pricing plan for Manhattan, set to commence on January 5, 2025, with a reduced toll of $9 for most vehicles, down from the originally planned $15. This plan aims to reduce traffic congestion, lower emissions, and fund the Metropolitan Transportation Authority (MTA) by raising $15 billion, despite anticipated revenue shortfalls due to the lower toll. The plan has faced legal challenges, including a lawsuit from New Jersey Governor Phil Murphy, and opposition from both President-elect Donald Trump and some local politicians concerned about economic impacts on commuters. Discounts are included for low-income drivers and those who frequently enter the city. The congestion pricing is intended to improve the city's transit system by funding subway upgrades and new electric buses, although its implementation remains politically contentious.