Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 450
Expenditure of moneys
Transportation (TRA) CHAPTER 61-A, ARTICLE 20
§ 450. Expenditure of moneys. 1. The moneys received by the state from
the sale of bonds and/or notes pursuant to the Accelerated Capacity and
Transportation Improvements of the Nineties Bond Act shall be expended
pursuant to annual appropriations for accelerated capacity and
transportation improvements and municipal bridge improvements as defined
in this article.

2. Regional distribution. (a) Notwithstanding any inconsistent
provisions of any general or special law, the aggregate value of
improvements shall be distributed within the regions of the state in the
following amounts:

(i) for the Hudson Valley region, consisting of Westchester, Rockland,
Putnam, Dutchess, Columbia, Orange and Ulster counties: four hundred
twenty-one million dollars ($421,000,000);

(ii) for the Long Island region, consisting of Nassau and Suffolk
counties: six hundred ninety million dollars ($690,000,000);

(iii) for New York city, consisting of Richmond, Kings, Queens, New
York and Bronx counties: six hundred ninety million dollars
($690,000,000); and

(iv) for the upstate region, consisting of all counties of New York
state not included in subparagraphs (i), (ii), and (iii) of this
paragraph: one billion, one hundred ninety-nine million dollars
($1,199,000,000).

(b) Disbursements for such improvements are to be financed from the
sale of bonds pursuant to the Accelerated Capacity and Transportation
Improvements of the Nineties Bond Act.

3. Program distribution. The moneys received by the state from the
sale of bonds sold pursuant to the Accelerated Capacity and
Transportation Improvements of the Nineties Bond Act shall be expended
pursuant to annual appropriations for the following purposes:

(a) for reconstruction, replacement, reconditioning and preservation
of state highways and parkways, and bridges thereon, for the purpose of
restoring such facilities to their intended functions; provided,
however, that in Nassau and Suffolk counties such reconstruction,
replacement, reconditioning and preservation of state highways and
parkways, and bridges thereon, shall be targeted to high capacity
roadways to improve traffic flow and reduce congestion: one billion,
nine hundred twelve million dollars ($1,912,000,000);

(b) for construction, reconstruction and improvement of the state's
highways and parkways, and bridges thereon, for the purposes of
addressing current and projected severe capacity problems as identified
by the commissioner: eight hundred thirty-one million dollars
($831,000,000); and

(c) for construction, reconstruction, replacement, preservation,
enhancement, restoration and improvement of selected municipal bridges
not on the state highway system: two hundred fifty-seven million dollars
($257,000,000).