Bill Text: NY S06573 | 2015-2016 | General Assembly | Introduced

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Bill Title: Enacts the "bridge and road investment and dedicated fund guaranteed enforcement (BRIDGE) reform act".

Spectrum: Partisan Bill (Republican 2-0)

Status: (Engrossed - Dead) 2016-06-07 - referred to transportation [S06573 Detail]

Download: New_York-2015-S06573-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          6573
                    IN SENATE
                                    January 27, 2016
                                       ___________
        Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
          when printed to be committed to the Committee on Finance
        AN ACT to amend the state finance law, in relation to  establishing  the
          bridge  and  road investment and dedicated fund guaranteed enforcement
          "BRIDGE" reform act
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Short  title. This act shall be known and may be cited as
     2  the "bridge and road investment and dedicated fund  guaranteed  enforce-
     3  ment (BRIDGE) reform act".
     4    § 2. Paragraph a of subdivision 5 of section 89-b of the state finance
     5  law,  as  amended  by  section 10 of part C of chapter 57 of the laws of
     6  2014, is amended to read as follows:
     7    a. Moneys in the  dedicated  highway  and  bridge  trust  fund  shall,
     8  following  appropriation  by  the  legislature, be utilized for:  recon-
     9  struction, replacement, reconditioning, restoration, rehabilitation  and
    10  preservation  of  state, county, town, city and village roads, highways,
    11  parkways, and bridges thereon,  to  restore  such  facilities  to  their
    12  intended   functions;   construction,  reconstruction,  enhancement  and
    13  improvement of state, county, town, city, and village  roads,  highways,
    14  parkways, and bridges thereon, to address current and projected capacity
    15  problems  including  costs  for  traffic mitigation activities; aviation
    16  projects authorized pursuant to section fourteen-j of the transportation
    17  law and for payments to the general debt service fund of  amounts  equal
    18  to  amounts  required  for service contract payments related to aviation
    19  projects as provided and authorized by section three hundred  eighty-six
    20  of the public authorities law; programs to assist small and minority and
    21  women-owned  firms  engaged  in  transportation  construction and recon-
    22  struction projects, including  a  revolving  fund  for  working  capital
    23  loans,  and  a  bonding  guarantee assistance program in accordance with
    24  provisions of this chapter; matching federal grants or apportionments to
    25  the state for highway, parkway and bridge capital projects; the acquisi-
    26  tion of real property and interests therein required or expected  to  be
    27  required in connection with such projects; preventive maintenance activ-
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04672-01-5