Bill Text: NY A09000 | 2011-2012 | General Assembly | Introduced


Bill Title: Prohibits the imposition and collection of a fare, toll, rental, rate, charge or other fee on the Cross Bay Veterans Memorial Bridge or on any other bridge located entirely within one county of the state as security for bonds and notes issued by the triborough bridge and tunnel authority or by the metropolitan commuter transportation authority.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2012-01-13 - referred to corporations, authorities and commissions [A09000 Detail]

Download: New_York-2011-A09000-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         9000
                                 I N  A S S E M B L Y
                                   January 13, 2012
                                      ___________
       Introduced by M. of A. GOLDFEDER, TITUS -- read once and referred to the
         Committee on Corporations, Authorities and Commissions
       AN  ACT  in  relation  to prohibiting the imposition and collection of a
         fare, toll, rental, rate, charge or other fee on the Cross Bay  Veter-
         ans Memorial Bridge or on any other bridge located entirely within one
         county  of  the  state  as  security for bonds and notes issued by the
         triborough bridge and tunnel authority or by the metropolitan commuter
         transportation authority
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Notwithstanding  any provision of law to the contrary, no
    2  resolution authorizing any bonds or notes, or the issue of any bonds  or
    3  notes  or other instrument, including bond covenants or series, by which
    4  a pledge of the triborough bridge and tunnel authority or by the  metro-
    5  politan commuter transportation authority to any bondholder or notehold-
    6  er  is created shall contain a provision requiring a fare, toll, rental,
    7  rate, charge or other fee on the Cross Bay Veterans Memorial  Bridge  or
    8  on any other bridge located entirely within one county of the state. Any
    9  fare,  toll, rental, rate, charge or other fee on the Cross Bay Veterans
   10  Memorial Bridge or on any other bridge located entirely within one coun-
   11  ty of the state shall cease to be levied and collected as of the  effec-
   12  tive date of this act.
   13    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD13695-01-2
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