Senate Bill S2259

2019-2020 Legislative Session

Prohibits the imposition and collection of a fare, toll, rental, rate, charge or other fee on the Cross Bay Veterans Memorial Bridge or on any other bridge located entirely within one county of the state

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions 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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2019-S2259 (ACTIVE) - Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Public Authorities
Versions Introduced in Other Legislative Sessions:
2015-2016: S6760
2017-2018: S3608

2019-S2259 (ACTIVE) - Summary

Prohibits the imposition and collection of a fare, toll, rental, rate, charge or other fee on the Cross Bay Veterans Memorial Bridge or on any other bridge located entirely within one county of the state as security for bonds and notes issued by the Triborough bridge and tunnel authority or by the metropolitan commuter transportation authority.

2019-S2259 (ACTIVE) - Sponsor Memo

2019-S2259 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2259
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             January 23, 2019
                                ___________
 
 Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 AN  ACT  in  relation  to prohibiting the imposition and collection of a
   fare, toll, rental, rate, charge or other fee on the Cross Bay  Veter-
   ans Memorial Bridge or on any other bridge located entirely within one
   county  of  the  state  as  security for bonds and notes issued by the
   Triborough bridge and tunnel authority or by the metropolitan commuter
   transportation authority
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Notwithstanding  any provision of law to the contrary, no
 resolution authorizing any bonds or notes, or the issue of any bonds  or
 notes  or other instrument, including bond covenants or series, by which
 a pledge of the Triborough bridge and tunnel authority or by the  metro-
 politan commuter transportation authority to any bondholder or notehold-
 er  is created shall contain a provision requiring a fare, toll, rental,
 rate, charge or other fee on the Cross Bay Veterans Memorial  Bridge  or
 on any other bridge located entirely within one county of the state. Any
 fare,  toll, rental, rate, charge or other fee on the Cross Bay Veterans
 Memorial Bridge or on any other bridge located entirely within one coun-
 ty of the state shall cease to be levied and collected as of the  effec-
 tive date of this act.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05442-01-9



              

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