Bill Text: NY S06743 | 2017-2018 | General Assembly | Introduced
Bill Title: Creates a community impact fund from tolls collected on the Grand Island bridges to be used to offset the environmental and economic impact of the tolls.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2018-01-03 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS [S06743 Detail]
Download: New_York-2017-S06743-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6743 2017-2018 Regular Sessions IN SENATE June 15, 2017 ___________ Introduced by Sen. JACOBS -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the public authorities law, in relation to creating a community impact fund from tolls collected on the Grand Island bridges 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 389 to read as follows: 3 § 389. Grand Island bridges community impact fund. The authority shall 4 allocate ten percent of all revenue generated from tolls on the Grand 5 Island bridges to a community impact fund. The community impact fund 6 shall be used to offset the environmental and economic impact of the 7 tolls in the communities of Tonawanda, Grand Island, and Niagara Falls, 8 with fifty percent of the fund's proceeds for the benefit of Grand 9 Island, twenty-five percent for the benefit of Tonawanda, and twenty- 10 five percent for the benefit of Niagara Falls. Such environmental and 11 economic impacts shall include, but are not limited to, traffic 12 congestion, tailpipe pollution, and hardships of businesses in the 13 impacted communities. 14 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11593-02-7