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https://www.amny.com/transit/mta-congestion-pricing-cuomo-1.29209432
Under the agreement, tolls would be activated by the end of 2020 and charge drivers as they pass 60th Street in Manhattan. The FDR Drive and West Side Highway would be excluded. Car owners living within the tolled district and those making less than $60,000 a year would also be eligible for credits, according to the budget. Drivers wouldn't be tolled more than once per day.
A six-person Traffic Mobility Review Board will next year recommend toll pricing, which could vary based on the time of day, as well as other exemptions and potential credits for drivers to the MTA's Triborough Bridge and Tunnel Authority, which will oversee the program and give the state significant say over city traffic. The plan is expected to raise $1 billion a year, which the MTA could bond against for up to $15 billion.
That money would go into a “lockbox” for MTA capital projects, along with new revenue from an internet sales tax and progressive mansion tax. Each of those two taxes are anticipated to raise $320 million and $365 million, respectively, each year for the transit authority. All three together could be bonded against to raise a total $25 billion in new funding.