Bill Text: NY A07367 | 2013-2014 | General Assembly | Introduced

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Bill Title: Relates to the cessation of the powers, jurisdiction and duties of the board of the Buffalo and Fort Erie Public Bridge Authority.

Spectrum: Bipartisan Bill

Status: (Vetoed) 2014-01-10 - tabled [A07367 Detail]

Download: New_York-2013-A07367-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7367
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                     May 14, 2013
                                      ___________
       Introduced  by  M. of A. RYAN -- read once and referred to the Committee
         on Corporations, Authorities and Commissions
       AN ACT to amend chapter 824 of the laws of 1933 relating to creating the
         Buffalo and Fort Erie Public Bridge  Authority,  in  relation  to  the
         occurrence  of the cessation of the powers, jurisdiction and duties of
         the board of such authority
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Section 13 of chapter 824 of the laws of 1933 relating to
    2  creating the Buffalo and Fort Erie Public Bridge Authority,  as  amended
    3  by chapter 645 of the laws of 1970, is amended to read as follows:
    4    S  13. On July first, [two thousand and twenty] NINETEEN HUNDRED NINE-
    5  TY-TWO, or when all of the bonds issued by  the  board  hereunder  shall
    6  have been paid in full or shall have otherwise been discharged, whichev-
    7  er  shall  be  later,  the  powers, jurisdiction and duties of the board
    8  shall cease and the property and assets acquired and held by  it  within
    9  the  state  of  New  York  shall  thereafter be under such jurisdiction,
   10  authority or agency as the state of New York may hereafter designate  by
   11  law,  and  the  assets and property acquired or held by it within Canada
   12  shall be under such jurisdiction, authority  or  agency  as  Canada  may
   13  designate.
   14    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10760-02-3