STATE OF NEW YORK
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3143
2017-2018 Regular Sessions
IN SENATE
January 19, 2017
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Introduced by Sens. RANZENHOFER, FUNKE, GALLIVAN, ROBACH -- read twice
and ordered printed, and when printed to be committed to the Committee
on Corporations, Authorities and Commissions
AN ACT to amend the public authorities law, in relation to exempting the
Rochester-Genesee regional transportation authority from bond issuance
charges
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Legislative intent. Over the past several years, while
2 support of mass transit in the greater New York City metropolitan area
3 has expanded, state support for regional transit in the greater Roches-
4 ter Genesee area has not seen similar support. This lack of support has
5 adversely impacted mass transit riders in the greater Rochester Genesee
6 region serviced by the Rochester-Genesee regional transportation author-
7 ity (RGRTA). It is the intent of the legislature that the RGRTA use the
8 savings that accrue from this act for maintenance and operations and to
9 ensure that mass transit riders do not face any further service cuts.
10 § 2. Subdivision 4 of section 2976 of the public authorities law, as
11 added by section 12 of part E of chapter 494 of the laws of 2009, is
12 amended to read as follows:
13 4. The provisions of subdivisions one and two of this section shall
14 not apply to bonds issued by the Rochester-Genesee regional transporta-
15 tion authority and to recovery act bonds issued by the state of New York
16 municipal bond bank agency in connection with local American Recovery
17 and Reinvestment Act pursuant to section two thousand four hundred thir-
18 ty-six-b of this chapter.
19 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06141-01-7
