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S06743 Summary:

BILL NOS06743
 
SAME ASNo Same As
 
SPONSORJACOBS
 
COSPNSRORTT
 
MLTSPNSR
 
Add §389, Pub Auth L
 
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.
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S06743 Actions:

BILL NOS06743
 
06/15/2017REFERRED TO RULES
01/03/2018REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
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S06743 Text:



 
                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
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