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On February 1, 2023, as part of her Executive Budget proposal to the New York State Legislature, Governor Kathy Hochul proposed raising the MTA payroll tax, a move projected to increase revenue by $800 million, and also giving the MTA some of the money from casinos expected at present to be licensed soon for business in Manhattan.
The New York City Transit Authority (also known as NYCTA, the TA, or simply Transit, and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City.
As of 2021, the building houses offices of the Metropolitan Transportation Authority (MTA). Some of the MTA's subsidiaries are headquartered at 2 Broadway, including the New York City Transit Authority, MTA Bridges and Tunnels, and MTA Capital Construction.
Legislation introduced by Long Island State Senators Jack Martins and Lee Zeldin which will eliminate the MTA payroll tax has passed the New York State Senate
“Equally as damaging, the MTA Payroll Tax continues to stifle economic growth all across the Hudson Valley and Long Island.”
The Town of Huntington recently filed a claim to recover MTA payroll tax payments and is urging residents to do the same.
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