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Metropolitan Transportation Authority (MTA)

The public authority that operates most mass transit, including subways, buses, and commuter rail, in the New York City metropolitan area.

Capital Investment Grant

Federal money given to states or local entities, often for major transportation infrastructure projects like expanding subway lines or improving rail systems.

Congestion Tolling Zone

A specific geographic area, in this case, Manhattan south of 60th Street (excluding the FDR Drive), where drivers are charged a fee to enter or drive within, aiming to reduce traffic and pollution.

Congestion Toll

A fee charged to vehicles for driving into or through a designated busy urban area, intended to reduce traffic and encourage public transit use.

Vehicular Crossing

A bridge or tunnel used by vehicles to cross a body of water or other barrier, such as the Holland Tunnel, Lincoln Tunnel, or George Washington Bridge.

Internal Revenue Code

The main body of federal tax law in the United States, administered by the Internal Revenue Service (IRS).

Tax Credit

An amount of money that taxpayers can subtract directly from the taxes they owe, rather than from their taxable income, providing a dollar-for-dollar reduction in tax liability.