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S02120 Summary:

BILL NOS02120
 
SAME ASSAME AS A06743
 
SPONSORFAHY
 
COSPNSR
 
MLTSPNSR
 
Amd §15, Chap 329 of 1991
 
Enables federal aid municipal street and highway funding for projects for painting, striping and other new infrastructure dedicated primarily for pedestrian or cyclist use notwithstanding the ten year service life requirement.
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S02120 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          2120
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 15, 2025
                                       ___________
 
        Introduced  by  Sen.  FAHY  --  read twice and ordered printed, and when
          printed to be committed to the Committee on Transportation
 
        AN ACT to amend chapter 329 of the laws  of  1991,  amending  the  state
          finance  law and other laws relating to the establishment of the dedi-
          cated highway and bridge trust fund and the dedicated mass transporta-
          tion trust fund, in relation  to  the  service  life  requirement  for
          painting,  striping  and  other new infrastructure dedicated primarily
          for pedestrian or cyclist use
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision (e) of section 15 of chapter 329 of the laws of
     2  1991,  amending  the state finance law and other laws relating to estab-
     3  lishing the dedicated highway and bridge trust fund  and  the  dedicated
     4  mass  transportation  trust fund, as added by chapter 330 of the laws of
     5  1991, is amended to read as follows:
     6    (e) i. The service life  of  all  projects  funded  pursuant  to  this
     7  section shall be at least ten years.
     8    ii.  The  ten  year  service  life  requirement of paragraph i of this
     9  subdivision shall not apply to projects funded  for  painting,  striping
    10  and  other  new  infrastructure  dedicated  primarily  for pedestrian or
    11  cyclist use.
    12    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04841-01-5
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