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A00520 Summary:

BILL NOA00520
 
SAME ASSAME AS S02472
 
SPONSORCusick (MS)
 
COSPNSRColton, Brook-Krasny, Abbate, Clark
 
MLTSPNSR
 
Amd S11, Chap 47 of 1931
 
Requires the port authority of New York and New Jersey to acquire an economic impact statement by an independent contractor at least 30 days prior to increasing bridge and tunnel tolls.
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A00520 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           520
 
                               2013-2014 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 9, 2013
                                       ___________
 
        Introduced  by  M.  of A. CUSICK, COLTON, BROOK-KRASNY, ABBATE, CLARK --
          read once and referred to the Committee on  Corporations,  Authorities
          and Commissions
 
        AN ACT to amend chapter 47 of the laws of 1931 relating to declaring the

          policy  of  the states of New York and New Jersey in regard to certain
          vehicular bridges and tunnels within the port of New York district, in
          relation to economic impact statements prior to the increase of  tolls
          for the use of bridges and tunnels
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The opening paragraph of section 11 of chapter  47  of  the
     2  laws  of 1931 relating to declaring the policy of the states of New York
     3  and New Jersey in regard to certain vehicular bridges and tunnels within
     4  the port of New York district, as amended by chapter 807 of the laws  of
     5  1955, is amended to read as follows:
     6    The port authority is hereby authorized to make and enforce such rules
     7  and  regulations and to establish, levy and collect such tolls and other

     8  charges in connection with any vehicular bridges and  tunnels  which  it
     9  may now or hereafter be authorized to own, construct, operate or control
    10  (including  the said Holland tunnel and the said Midtown Hudson tunnel),
    11  as it may deem necessary, proper or  desirable,  which  said  tolls  and
    12  charges  shall  be  at  least  sufficient  to  meet  the expenses of the
    13  construction, operation and maintenance thereof, and to provide for  the
    14  payment  of,  with interest upon, and the amortization and retirement of
    15  bonds or other securities or obligations issued or incurred  for  bridge
    16  or  tunnel  purposes.  There  shall  be  allocated  to  the  cost of the
    17  construction, operation and maintenance of  such  bridges  and  tunnels,
    18  such  proportion  of  the  general  expenses of the port authority as it
    19  shall deemed properly chargeable thereto.    Notwithstanding  any  other

    20  provision  of law to the contrary, no toll or other charge in connection
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00821-01-3

        A. 520                              2
 
     1  with any vehicular bridge or tunnel shall be increased  until  not  less
     2  than  thirty  days after the issuance of an economic impact statement on
     3  the proposed increase. Such economic impact statement shall be issued by
     4  an  independent  contractor engaged by the authority based on a study of
     5  the economic impact of such proposed  increase  of  the  toll  or  other
     6  charge upon all communities affected thereby.

     7    §  2.  This  act  shall take effect upon the enactment into law by the
     8  state of New Jersey of legislation having an identical  effect;  but  if
     9  the  state  of  New  Jersey shall have already enacted such legislation,
    10  then this act shall take effect immediately and provided that the  state
    11  of New Jersey shall notify the legislative bill drafting commission upon
    12  the  occurrence  of the enactment of the provisions provided for in this
    13  act in order that the commission may maintain  an  accurate  and  timely
    14  effective data base of the official text of the laws of the state of New
    15  York  in  furtherance  of  effecting the provisions of section 44 of the
    16  legislative law and section 70-b of the public officers law.
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