Creates a community impact fund from tolls collected on the Grand Island bridges to be used to offset the environmental and economic impact of the tolls.
STATE OF NEW YORK
________________________________________________________________________
6743
2017-2018 Regular Sessions
IN SENATE
June 15, 2017
___________
Introduced by Sen. JACOBS -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the public authorities law, in relation to creating a
community impact fund from tolls collected on the Grand Island bridges
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The public authorities law is amended by adding a new
2 section 389 to read as follows:
3 § 389. Grand Island bridges community impact fund. The authority shall
4 allocate ten percent of all revenue generated from tolls on the Grand
5 Island bridges to a community impact fund. The community impact fund
6 shall be used to offset the environmental and economic impact of the
7 tolls in the communities of Tonawanda, Grand Island, and Niagara Falls,
8 with fifty percent of the fund's proceeds for the benefit of Grand
9 Island, twenty-five percent for the benefit of Tonawanda, and twenty-
10 five percent for the benefit of Niagara Falls. Such environmental and
11 economic impacts shall include, but are not limited to, traffic
12 congestion, tailpipe pollution, and hardships of businesses in the
13 impacted communities.
14 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11593-02-7