A 2117: Directs revenues from tolls collected on the Verrazzano-Narrows bridge to be applied to expansion of bus rapid transit and high-occupancy vehicle lanes in the borough of Staten Island.

  
  STATE OF NEW YORK ________________________________________________________________________ 2117 2025-2026 Regular Sessions  IN ASSEMBLY 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: 1 Section 1. Subdivision 3-a of section 553-j of the public authorities 2 law, as added by section 5 of subpart A of part ZZZ of chapter 59 of the 3 laws of 2019, is amended to read as follows: 4 3-a. Of the capital project costs paid by this fund: eighty percent 5 shall be capital project costs of the New York city transit authority 6 and its subsidiary, Staten Island Rapid Transit Operating Authority, and 7 MTA Bus with priority given to the subway system, new signaling, new 8 subway cars, track and car repair, accessibility, buses and bus system 9 improvements and further investments in expanding transit availability 10 to areas in the outer boroughs that have limited mass transit options; 11 ten percent shall be capital project costs of the Long Island Rail Road, 12 including but not limited to, parking facilities, rolling stock, capaci- 13 ty enhancements, accessibility, and expanding transit availability to 14 areas in the Metropolitan Commuter Transportation District that have 15 limited mass transit options; and ten percent shall be capital project 16 costs of the Metro-North Commuter Railroad Company, including but not 17 limited to, parking facilities, rolling stock, capacity enhancements, 18 accessibility, and expanding transit availability to areas in the Metro- 19 politan Commuter Transportation District that have limited mass transit 20 options. Provided, however, that the relative proportion of revenues 21 available for such capital project costs obtained from tolls collected 22 on the Verrazzano-Narrows bridge shall be applied to expansion of bus 23 rapid transit and high-occupancy vehicle lanes in the borough of Staten 24 Island. 25 § 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