The transit lockbox bill, designed to prevent future raids on dedicated transit funds, has passed the State Assembly, according to the Assembly’s website. Having already passed the Senate, the legislation now only needs the signature of Governor Andrew Cuomo to become law.
We’ll have more on the legislation once Cuomo has either signed or vetoed it.
[...]Source: http://www.streetsblog.org/2011/06/24/assembly-passes-transit-lockbox-moves-on-to-governor/
Masten Gregory
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