S T A T E O F N E W Y O R K
________________________________________________________________________
2117
2025-2026 Regular Sessions
I N A S S E M B L Y
January 15, 2025
___________
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.
LBD05716-01-5
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