Legislation
SECTION 35
Resources of fund
Transportation (TRA) CHAPTER 61-A, ARTICLE 2-C
§ 35. Resources of fund. 1. (a) There shall be paid into the fund any
and all moneys received by the state from the federal government in
payment of its share, pursuant to the applicable provisions of title
twenty-three, United States Code, of the cost of construction of said
section as it exists on the sixth day of July, nineteen hundred
sixty-six.
(b) The sum of two million five hundred thousand dollars ($2,500,000),
or so much thereof as may be necessary, is hereby appropriated in the
first instance out of any moneys in the state treasury in the general
fund to the credit of the state purposes fund, not otherwise
appropriated, to the Niagara thruway toll removal fund for the purposes
of this article. No part of the appropriation hereby made shall be
available until a certificate of approval of availability shall have
been issued by the director of the budget and a copy of such certificate
filed with the state comptroller, the chairman of the senate finance
committee and the chairman of the assembly ways and means committee.
Such certificate may be amended from time to time by the director of the
budget and a copy of each such amendment shall be filed with the state
comptroller, the chairman of the senate finance committee and the
chairman of the assembly ways and means committee.
2. The fund shall pay over annually from moneys made available to it
from any source to the New York state thruway authority an amount equal
to an amount sufficient to amortize that portion of the debt service of
the authority allocable to the Niagara section of said thruway
authority; provided, however, an agreement shall be entered into between
the fund, the commissioner of transportation, the thruway authority and
the bureau of public roads of the United States department of
transportation providing: for the aforesaid annual payments by the fund
to the thruway authority; that the federal government make the payments
provided under paragraph (a) of subdivision one of this section; that
such tolls shall be removed as of the time of the first of such payments
to the thruway authority; that such tolls shall not be collected so long
as such annual payments are made; and further that the thruway authority
shall operate and maintain such section in the same manner as on the
sixth day of July, nineteen hundred sixty-six.
and all moneys received by the state from the federal government in
payment of its share, pursuant to the applicable provisions of title
twenty-three, United States Code, of the cost of construction of said
section as it exists on the sixth day of July, nineteen hundred
sixty-six.
(b) The sum of two million five hundred thousand dollars ($2,500,000),
or so much thereof as may be necessary, is hereby appropriated in the
first instance out of any moneys in the state treasury in the general
fund to the credit of the state purposes fund, not otherwise
appropriated, to the Niagara thruway toll removal fund for the purposes
of this article. No part of the appropriation hereby made shall be
available until a certificate of approval of availability shall have
been issued by the director of the budget and a copy of such certificate
filed with the state comptroller, the chairman of the senate finance
committee and the chairman of the assembly ways and means committee.
Such certificate may be amended from time to time by the director of the
budget and a copy of each such amendment shall be filed with the state
comptroller, the chairman of the senate finance committee and the
chairman of the assembly ways and means committee.
2. The fund shall pay over annually from moneys made available to it
from any source to the New York state thruway authority an amount equal
to an amount sufficient to amortize that portion of the debt service of
the authority allocable to the Niagara section of said thruway
authority; provided, however, an agreement shall be entered into between
the fund, the commissioner of transportation, the thruway authority and
the bureau of public roads of the United States department of
transportation providing: for the aforesaid annual payments by the fund
to the thruway authority; that the federal government make the payments
provided under paragraph (a) of subdivision one of this section; that
such tolls shall be removed as of the time of the first of such payments
to the thruway authority; that such tolls shall not be collected so long
as such annual payments are made; and further that the thruway authority
shall operate and maintain such section in the same manner as on the
sixth day of July, nineteen hundred sixty-six.