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A05434 Summary:

BILL NOA05434
 
SAME ASSAME AS S01468
 
SPONSORAbbate
 
COSPNSRMalliotakis
 
MLTSPNSR
 
Add S553-j, Pub Auth L
 
Relates to discounted tolls on the Verrazano-Narrows bridge for residents of Kings county.
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A05434 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A5434
 
SPONSOR: Abbate
  TITLE OF BILL: An act to amend the public authorities law, in relation to discounted tolls on the Verrazano-Narrows bridge for resi- dents of Kings county   PURPOSE: This bill will provide residents of Kings County with discounted tolls on the Verrazano-Narrows bridge.   SUMMARY OF PROVISIONS: Section one amends the Public Authorities Law by adding a new section 553-j that requires the Triborough Bridge and Tunnel Authority (the "Authority") to provide a reduced toll to Kings County residents for crossings over the Verrazano-Narrows Bridge. The amount of the toll must be 58% of the otherwise regular cost of a crossing. If the Authority imposes any surcharges in addition to the regular cost of crossing the Verrazano-Narrows Bridge, such surcharge shall not be included in the regular cost of crossing the Bridge and Kings County residents shall be exempt from such surcharge. This provision shall only apply to residents of Kings County who use an electronic method of toll payments and cross the Verrazano-Narrows Bridge three or more times per month. The Authori- ty is empowered to prescribe the manner in which application for the discount maybe me made. Section two of this bill provides that this act shall take effect imme- diately.   JUSTIFICATION: On April 25th, 2014, Staten Island residents who pay electronically for crossings on the Verrazano-Narrows Bridge were granted toll relief from the fifteen dollar toll imposed on bridge crossings. This bill will grant a similar discount to the residents of Kings County. Many resi- dents of both Staten Island and Brooklyn work in the other borough and the toll on the Verrazano-Narrows Bridge makes commuting to work an expensive endeavor. Providing residents of Brooklyn relief that is already felt by residents of Staten Island is common sense and will entice more residents of these counties to patronize businesses in the other county leading to enhanced opportunities for economic development. Ultimately, the bill serves to tale an unnecessary economic burden off of residents of Kings County.   LEGISLATIVE HISTORY: 2014: S.7490 - Passed the Senate   FISCAL IMPLICATIONS: Minor loss in revenue to the Triborough Bridge and Tunnel Authority   EFFECTIVE DATE: This act shall take effect immediately.
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