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Assembly Bill A8813

2011-2012 Legislative Session

Requires the tolls for the bridges of the port authority of New York and New Jersey to be adjusted to only cover the expenses of operating and financing such bridges

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Archive: Last Bill Status - In Assembly Committee

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2011-A8813 (ACTIVE) - Details

See Senate Version of this Bill:
S6031
Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Port Authority of New York and New Jersey
Laws Affected:
Amd §2, add §2-a, Chap 774 of 1950; amd §11, Chap 47 of 1931

2011-A8813 (ACTIVE) - Summary

Requires the tolls for the bridges of the port authority of New York and New Jersey to be adjusted to only cover the expenses of operating and financing such bridges; directs that revenue from such tolls be deposited into a separate port authority bridge fund.

2011-A8813 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  8813

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 4, 2012
                               ___________

Introduced by M. of A. CUSICK, TITONE, MALLIOTAKIS, TOBACCO -- read once
  and referred to the Committee on Corporations, Authorities and Commis-
  sions

AN ACT to amend chapter 774 of the laws of 1950, providing for an agree-
  ment  with  the  state  of  New Jersey with respect to rules and regu-
  lations governing traffic on vehicular crossings operated by the  port
  of  New  York authority, and chapter 47 of the laws of 1931, declaring
  the policy of the states of New York  and  New  Jersey  in  regard  to
  certain  vehicular  bridges  and  tunnels  within the port of New York
  district, in relation to limiting the tolls imposed  for  the  use  of
  bridges

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 2 of chapter 774 of the laws of 1950, providing for
an agreement with the state of New Jersey  with  respect  to  rules  and
regulations  governing  traffic  on  vehicular crossings operated by the
port of New York authority, is amended and a new section 2-a is added to
read as follows:
  S 2. (A) No traffic shall be permitted in or upon vehicular  crossings
except upon the payment of such tolls and other charges as may from time
to time be prescribed by the port authority. It is hereby declared to be
unlawful  for  any person to refuse to pay, or to evade or to attempt to
evade the payment of such tolls or other charges.
  (B) THE TOLLS AND OTHER CHARGES PRESCRIBED FOR THE  USE  OF  VEHICULAR
CROSSINGS  THAT  ARE  BRIDGES DURING EACH CALENDAR YEAR SHALL NOT EXCEED
THE COSTS OF MAINTAINING AND OPERATING SUCH BRIDGES, AND THE PAYMENT OF,
WITH INTEREST UPON, AND AMORTIZATION OF BONDS AND  OTHER  SECURITIES  OR
OBLIGATIONS ISSUED FOR THE PURPOSES OF SUCH BRIDGES, AND INCURRED BY THE
PORT  AUTHORITY  DURING  SUCH  CALENDAR  YEAR.  ALL SUCH TOLLS AND OTHER
CHARGES FOR THE USE OF PORT AUTHORITY BRIDGES  SHALL  BE  DEPOSITED  AND
CREDITED TO THE PORT AUTHORITY BRIDGE FUND. FURTHERMORE, IN ANY INSTANCE
IN  WHICH  THE AMOUNT OF FUNDS IN THE PORT AUTHORITY BRIDGE FUND EXCEEDS
ONE HUNDRED FIVE PERCENT OF THE ANNUAL COSTS OF MAINTAINING AND  OPERAT-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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