New York City congestion pricing, first in the nation, is approved at $15 and up for vehicles [MSNBC.com]
Uber Technologies, Inc. (UBER)
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Source: MSNBC.com
A majority ofthe MTANew York City congestion pricingwill charge cars $15 to enter ManhattanOnly one of the 12 board members opposed the proposal. The no vote was Nassau County board member David Mack.The approval, essentially a rubber stamp of “clarifications” like exemptions, given the plan itself was approved last year, means congestion pricing can begin following a 60-day public information campaign and a concurrent 30-day testing period.Read more from NBC New YorkAlmost all 110 toll readers are already installed, positioning the MTA to begin collecting as soon as June 15. Federal judges on either side of the Hudson River could still block the plan, though the MTA expects that not to be the case.The board overwhelmingly voted in favor of the plan in December, saying charging drivers to enter a swath of Manhattan would contribute millions of dollars to the aging, cash-strapped transit system. Wednesday’s vote is a critical final approval of “clarifications” and exemptions.As NBC New
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UBER
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- 2/7/24 - Beat
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Sec Filings
- 4/23/24 - Form DEFA14A
- 4/19/24 - Form PX14A6G
- 4/18/24 - Form 4
- UBER's page on the SEC website