Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 15, 2025 |
referred to corporations, authorities and commissions |
Assembly Bill A2117
2025-2026 Legislative Session
Sponsored By
FALL
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
Actions
2025-A2117 (ACTIVE) - Details
- Current Committee:
- Assembly Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §553-j, Pub Auth L
- Versions Introduced in 2023-2024 Legislative Session:
-
A5732
2025-A2117 (ACTIVE) - Bill Text download pdf
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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