§ 240. Transfer of functions. The functions and powers possessed by
and the obligations and duties of the public service commission and the
department of public service pertaining to the regulation of common
carriers, bus companies, contract carriers of passengers by motor
vehicle and contract carriers of property by motor vehicle, including
such commission and department's investigatory and punitive powers
relative thereto, and to its transportation division and the functions
and powers possessed by and the obligations and duties of such
commission and department relating to grade crossing elimination
projects and the jurisdiction of such commission and department over
highway-railroad grade crossings and separation structures delegated to
either of them by the railroad law or any other law are hereby
transferred to the commissioner and the department.