Senate Bill S9166

2017-2018 Legislative Session

Relates to establishing the Long Island Rail Road commuter relief fund

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Rules Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2017-S9166 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
State Finance Law
Laws Affected:
Add §76-a, St Fin L; add §1266-l, Pub Auth L

2017-S9166 (ACTIVE) - Summary

Relates to establishing the Long Island Rail Road commuter relief fund for the purpose of maintaining fares on the Long Island Rail Road at 2018 levels.

2017-S9166 (ACTIVE) - Sponsor Memo

2017-S9166 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9166
 
                             I N  S E N A T E
 
                            September 17, 2018
                                ___________
 
 Introduced  by Sens. PHILLIPS, BOYLE, FLANAGAN, HANNON, LAVALLE, MARCEL-
   LINO -- read twice and ordered printed, and when printed to be commit-
   ted to the Committee on Rules
 
 AN ACT to amend the state finance law, in relation to  establishing  the
   Long  Island  Rail  Road  commuter  relief  fund;  to amend the public
   authorities law, in relation to  Long  Island  Rail  Road  fares;  and
   providing for the repeal of such provisions upon the expiration there-
   of
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The state finance law is amended by adding  a  new  section
 76-a to read as follows:
   § 76-A. LONG ISLAND RAIL ROAD COMMUTER RELIEF FUND. 1. THERE IS HEREBY
 CREATED  IN  THE  JOINT  CUSTODY  OF THE STATE COMPTROLLER AND THE STATE
 DIVISION OF THE BUDGET A SPECIAL FUND TO BE KNOWN AS  THE  "LONG  ISLAND
 RAIL ROAD COMMUTER RELIEF FUND".
   2.  SUCH  FUND  SHALL  CONSIST  OF NOT LESS THAN SIXTY MILLION DOLLARS
 TRANSFERRED FROM THE  GENERAL  FUND,  SUBJECT  TO  APPROPRIATION,  USING
 MONEYS  FROM  EXTRAORDINARY  MONETARY  SETTLEMENT  PAYMENTS CURRENTLY ON
 DEPOSIT WITH THE STATE DIVISION OF THE  BUDGET.  SUCH  MONEYS  SHALL  BE
 UTILIZED  BY  THE AUTHORITY FOR THE SOLE PURPOSE OF MAINTAINING FARES ON
 THE LONG ISLAND RAIL ROAD AT TWO THOUSAND EIGHTEEN LEVELS AS PROVIDED IN
 SECTION TWELVE HUNDRED SIXTY-SIX-L OF THE PUBLIC AUTHORITIES LAW.
   § 2. The public authorities law is amended by  adding  a  new  section
 1266-l to read as follows:
   §  1266-L.  LONG  ISLAND  RAIL ROAD FARES. 1. ALL MONIES FROM THE LONG
 ISLAND RAIL ROAD COMMUTER RELIEF FUND AS ESTABLISHED BY  SECTION  SEVEN-
 TY-SIX-A OF THE STATE FINANCE LAW SHALL BE UTILIZED BY THE AUTHORITY FOR
 THE  SOLE  PURPOSE  OF MAINTAINING FARES ON THE LONG ISLAND RAIL ROAD AT
 TWO THOUSAND EIGHTEEN LEVELS, AS APPROVED BY THE AUTHORITY  PURSUANT  TO
 SUBDIVISION  THREE OF SECTION TWELVE HUNDRED SIXTY-SIX OF THIS TITLE AND
 ENSURING THAT THE OPERATING BUDGET  OF  THE  AUTHORITY  IS  SUFFICIENTLY
 FUNDED TO ACCOUNT FOR ANY LOSS OF REVENUE CAUSED BY NOT INCREASING FARES
 BEYOND THE TWO THOUSAND EIGHTEEN LEVELS.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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