Assembly Bill A5732

2023-2024 Legislative Session

Relates to use of revenues from tolls collected on the Verrazzano-Narrows bridge

download bill text pdf

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Current Bill Status - In Assembly 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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2023-A5732 (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Amd §553-j, Pub Auth L

2023-A5732 (ACTIVE) - Summary

Directs revenues from tolls collected on the Verrazzano-Narrows bridge to be applied to expansion of bus rapid transit and high-occupancy vehicle lanes in the borough of Staten Island.

2023-A5732 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5732
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 23, 2023
                                ___________
 
 Introduced  by  M. of A. FALL -- read once and referred to the Committee
   on Corporations, Authorities and Commissions
 
 AN ACT to amend the public authorities law, in relation to use of reven-
   ues from tolls collected on the Verrazzano-Narrows bridge
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Subdivision 3-a of section 553-j of the public authorities
 law, as added by section 5 of subpart A of part ZZZ of chapter 59 of the
 laws of 2019, is amended to read as follows:
   3-a. Of the capital project costs paid by this  fund:  eighty  percent
 shall  be  capital  project costs of the New York city transit authority
 and its subsidiary, Staten Island Rapid Transit Operating Authority, and
 MTA Bus with priority given to the subway  system,  new  signaling,  new
 subway  cars,  track and car repair, accessibility, buses and bus system
 improvements and further investments in expanding  transit  availability
 to  areas  in the outer boroughs that have limited mass transit options;
 ten percent shall be capital project costs of the Long Island Rail Road,
 including but not limited to, parking facilities, rolling stock, capaci-
 ty enhancements, accessibility, and expanding  transit  availability  to
 areas  in  the  Metropolitan  Commuter Transportation District that have
 limited mass transit options; and ten percent shall be  capital  project
 costs  of  the  Metro-North Commuter Railroad Company, including but not
 limited to, parking facilities, rolling  stock,  capacity  enhancements,
 accessibility, and expanding transit availability to areas in the Metro-
 politan  Commuter Transportation District that have limited mass transit
 options. PROVIDED, HOWEVER, THAT THE  RELATIVE  PROPORTION  OF  REVENUES
 AVAILABLE  FOR  SUCH CAPITAL PROJECT COSTS OBTAINED FROM TOLLS COLLECTED
 ON THE VERRAZZANO-NARROWS BRIDGE SHALL BE APPLIED TO  EXPANSION  OF  BUS
 RAPID  TRANSIT AND HIGH-OCCUPANCY VEHICLE LANES IN THE BOROUGH OF STATEN
 ISLAND.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09731-01-3

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