New York State Assembly

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S00517 Summary:

BILL NO	S00517
SAME AS	SAME AS A02290
SPONSOR	LANZA
COSPNSR
MLTSPNSR
Amd S1219-a, Pub Auth L
Adjusts the allocation of Triborough bridge and tunnel authority surpluses to more fairly reflect the source of such surpluses and distribution of MTA riders; increases from twenty-four million dollars and fifty percentum to eighty percentum of the balance of such operating surplus.

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S00517 Actions:

BILL NO	S00517
01/07/2009	REFERRED TO TRANSPORTATION
01/06/2010	REFERRED TO TRANSPORTATION

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S00517 Floor Votes:

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S00517 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           517
 
                               2009-2010 Regular Sessions
 
                    IN SENATE
 
                                       (Prefiled)
 
                                     January 7, 2009
                                       ___________
 
        Introduced  by  Sen.  LANZA  -- read twice and ordered printed, and when
          printed to be committed to the Committee on Transportation
 
        AN ACT to amend the public authorities law, in  relation  to  increasing
          the  amount  of surplus to be transferred by the triborough bridge and

          tunnel authority to the New York city transit authority
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Clause  (i)  of paragraph (b) of subdivision 2 of section
     2  1219-a of the public authorities law, as amended by section 19 of part O
     3  of chapter 61 of the laws of 2000, is amended to read as follows:
     4    (i) [twenty-four million dollars  plus  fifty  percentum]  eighty  per
     5  centum  of  the  balance of such operating surplus shall be allocable to
     6  the authority, and
     7    § 2. This act shall  take  effect  on  the  first  of  September  next
     8  succeeding the date on which it shall have become a law.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets

                              [ ] is old law to be omitted.
                                                                   LBD01505-01-9

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