Press Release Article


PORT AUTHORITY ASKS NEW YORK AND NEW JERSEY TAX AUTHORITIES TO REVIEW TAXABLE STATUS OF FREE E-ZPASS BENEFIT

Date: Jan 20, 2012
Press Release Number: 5-2012

Today, Port Authority Executive Director Pat Foye issued separate letters to the New York State Department of Taxation and Finance and the New Jersey State Division of Taxation formally requesting they investigate whether Port Authority retirees owe taxes, interest and penalties for the use of Non-Revenue E-ZPass, which was previously provided as a benefit to retirees.

In his letter to the tax authorities, Executive Director Foye noted that under the current toll rates, the E-ZPass benefit represents a significant financial benefit to retirees who hold it.

Executive Director Foye’s request followed the commencement of a lawsuit by 400 Port Authority pensioners over the loss of free lifetime E-ZPass benefits, which the executive director characterized as “offensive.”

The letters to Commissioners Thomas Mattox and Michael Bryan are provided as attachments.

CONTACT:

Port Authority of New York and New Jersey

Steve Coleman, 212 435-7777

The Port Authority of New York and New Jersey, which does not receive tax dollars from either state, operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Brooklyn Piers/Red Hook Container Terminal; the Port Authority-Port Jersey Marine Terminal and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan.


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