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.
STATE OF NEW YORK
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7155
2009-2010 Regular Sessions
IN ASSEMBLY
March 25, 2009
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Introduced by M. of A. CUSICK, COLTON -- Multi-Sponsored by -- M. of A.
ABBATE, CLARK, PHEFFER -- 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
21 with any vehicular bridge or tunnel shall be increased until not less
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01962-01-9
A. 7155 2
1 than thirty days after the issuance of an economic impact statement on
2 the proposed increase. Such economic impact statement shall be issued by
3 an independent contractor engaged by the authority based on a study of
4 the economic impact of such proposed increase of the toll or other
5 charge upon all communities affected thereby.
6 § 2. This act shall take effect upon the enactment into law by the
7 state of New Jersey of legislation having an identical effect; but if
8 the state of New Jersey shall have already enacted such legislation,
9 then this act shall take effect immediately and provided that the state
10 of New Jersey shall notify the legislative bill drafting commission upon
11 the occurrence of the enactment of the provisions provided for in this
12 act in order that the commission may maintain an accurate and timely
13 effective data base of the official text of the laws of the state of New
14 York in furtherance of effecting the provisions of section 44 of the
15 legislative law and section 70-b of the public officers law.
