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A05434 Summary:

BILL NO    A05434 

SAME AS    SAME AS S01468

SPONSOR    Abbate

COSPNSR    

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:

BILL NUMBER:A5434

TITLE OF BILL:  An act to amend the public authorities law, in
relation to discounted tolls on the Verrazano-Narrows bridge for
residents 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 Authority 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
immediately.

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
residents 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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