senate Bill S9166

2017-2018 Legislative Session

Relates to establishing the Long Island Rail Road commuter relief fund

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Sponsored By

Archive: Last Bill Status - In Senate Committee Rules Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 17, 2018 referred to rules

Co-Sponsors

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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

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.

S9166 (ACTIVE) - Sponsor Memo

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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