Bill Text: NY A04935 | 2015-2016 | General Assembly | Introduced

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Bill Title: Provides for reduced fare tokens (80% of regular rate) for residents of Nassau county for use of the Triborough, Bronx-Whitestone, Throgs Neck and Verrazano-Narrows bridges operated by the Triborough bridge and tunnel authority upon approval by bond and note holders of such authority and subject to regulation for usage by the authority.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2016-01-06 - referred to corporations, authorities and commissions [A04935 Detail]

Download: New_York-2015-A04935-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4935
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   February 9, 2015
                                      ___________
       Introduced  by  M.  of A. CURRAN, FINCH -- read once and referred to the
         Committee on Corporations, Authorities and Commissions
       AN ACT to amend the public authorities law, in relation  to  authorizing
         reduced fare tokens for residents of Nassau county over certain bridg-
         es operated by the Triborough bridge and tunnel authority
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The public authorities law  is  amended  by  adding  a  new
    2  section 553-j to read as follows:
    3    S  553-J.  TOKENS; NASSAU COUNTY RESIDENTS. NOTWITHSTANDING ANY INCON-
    4  SISTENT PROVISION OF LAW, BUT SUBJECT TO AGREEMENTS WITH NOTEHOLDERS AND
    5  BONDHOLDERS, THE AUTHORITY SHALL OFFER FOR SALE TOKENS WITH  RESPECT  TO
    6  RESIDENTS  OF THE COUNTY OF NASSAU AND MAY, EXCEPT AS OTHERWISE PROVIDED
    7  HEREIN, REGULATE THE USE THEREOF. TOKENS FOR RESIDENTS OF THE COUNTY  OF
    8  NASSAU  SHALL  ENTITLE  THE  PURCHASER TO CROSSINGS OVER THE TRIBOROUGH,
    9  BRONX-WHITESTONE,  THROGS  NECK,  AND  VERRAZANO-NARROWS  BRIDGES  AT  A
   10  REDUCED  COST  OF EIGHTY PER CENTUM OF THE REGULAR CROSSING FARE IMPOSED
   11  ON NONRESIDENTS OF THE COUNTY OF NASSAU.   APPLICATION FOR  SUCH  TOKENS
   12  SHALL  BE  MADE  IN SUCH MANNER AS PRESCRIBED BY THE AUTHORITY AND SHALL
   13  CONTAIN SUCH INFORMATION AS THE AUTHORITY MAY REASONABLY REQUIRE.
   14    S 2. This act shall take effect on the thirtieth day  after  it  shall
   15  have become a law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD08052-01-5