S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6085
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 23, 2017
                                ___________
 
 Introduced  by M. of A. CRESPO -- Multi-Sponsored by -- M. of A. ARROYO,
   MOYA, ORTIZ, RIVERA, RODRIGUEZ  --  read  once  and  referred  to  the
   Committee on Corporations, Authorities and Commissions
 
 AN  ACT to amend the public authorities law, in relation to the power of
   the metropolitan transportation authority to increase rates and fees

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  3  of section 1266 of the public authorities
 law, as amended by chapter 314 of the laws of 1981, is amended  to  read
 as follows:
   3. The authority may establish, levy and collect or cause to be estab-
 lished,  levied  and  collected  and,  in  the  case  of a joint service
 arrangement, join with others in the establishment, levy and  collection
 of  such  fares, tolls, rentals, rates, charges and other fees as it may
 deem necessary, convenient or desirable for the use and operation of any
 transportation facility and related services operated by  the  authority
 or by a subsidiary corporation of the authority or under contract, lease
 or  other  arrangement,  including  joint service arrangements, with the
 authority. Any such fares, tolls, rentals, rates, charges or other  fees
 for  the  transportation  of passengers, THE PARKING OF VEHICLES, OR ANY
 OTHER SERVICE IF THE ESTABLISHMENT OF OR INCREASE IN  CHARGES  FOR  SUCH
 OTHER SERVICE WOULD REPRESENT A SIGNIFICANT INCREASE IN THE OVERALL COST
 OF  THE  USE OF TRANSPORTATION SERVICES shall be established and changed
 only if approved by resolution of the authority adopted by not less than
 a majority vote of the whole number of members of the authority then  in
 office,  with  the chairman having one additional vote in the event of a
 tie vote, and only after a public hearing, provided however, that fares,
 tolls, rentals, rates, charges or other fees for the  transportation  of
 passengers  on  any  transportation facility, THE PARKING OF VEHICLES OR
 OTHER SERVICES which are in effect at the time that the  then  owner  of
 such  transportation  facility  becomes  a subsidiary corporation of the
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD07309-01-7

 A. 6085                             2
 
 authority or at the time that operation of such transportation  facility
 is  commenced  by the authority or is commenced under contract, lease or
 other  arrangement,  including  joint  service  arrangements,  with  the
 authority  may be continued in effect without such a hearing. ANY PUBLIC
 HEARINGS REQUIRED BY THIS SUBDIVISION SHALL BE HELD IN SUCH LOCATIONS IN
 THE METROPOLITAN COMMUTER TRANSPORTATION DISTRICT  AS  SHALL  AFFORD  AN
 OPPORTUNITY  TO  BE  HEARD  TO  SUCH  PERSON  AS  MAY BE AFFECTED BY THE
 PROPOSED CHARGES. Such fares, tolls, rentals, rates, charges  and  other
 fees  shall  be  established  as may in the judgment of the authority be
 necessary to maintain the combined operations of the authority  and  its
 subsidiary  corporations on a self-sustaining basis. The said operations
 shall be deemed to be on a self-sustaining basis  as  required  by  this
 title, when the authority is able to pay or cause to be paid from reven-
 ue  and  any other funds or property actually available to the authority
 and its subsidiary corporations (a) as the same shall  become  due,  the
 principal  of  and interest on the bonds and notes and other obligations
 of the authority and of such subsidiary corporations, together with  the
 maintenance  of  proper  reserves  therefor, (b) the cost and expense of
 keeping the properties and assets of the authority  and  its  subsidiary
 corporations in good condition and repair, and (c) the capital and oper-
 ating  expenses  of  the  authority and its subsidiary corporations. The
 authority may contract with the holders of bonds and notes with  respect
 to  the  exercise  of  the powers authorized by this section. No acts or
 activities taken or proposed to be taken by the authority or any subsid-
 iary of the authority pursuant to the  provisions  of  this  subdivision
 shall  be  deemed to be "actions" for the purposes or within the meaning
 of article eight of the environmental conservation law.
   § 2.  This act shall take effect on the thirtieth day after  it  shall
 have become a law.