S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________

                                         8487

                              2011-2012 Regular Sessions

                                 I N  A S S E M B L Y

                                     June 17, 2011
                                      ___________

       Introduced  by M. of A. MORELLE -- read once and referred to the Commit-
         tee on Transportation

       AN ACT to amend the transportation law, the executive law and the public
         authorities law, in relation to authorzing  innovative  infrastructure
         development

         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:

    1    Section 1.  This act shall be known and may be cited as  the  "innova-
    2  tive infrastructure development act".
    3    S  2.  The transportation law is amended by adding a new article 24 to
    4  read as follows:
    5                                 ARTICLE 24
    6                    INNOVATIVE INFRASTRUCTURE DEVELOPMENT
    7  SECTION 500. DEFINITIONS.
    8          501. AUTHORITY OF THE COMMISSIONER.
    9          502. TRANSPORTATION INFRASTRUCTURE PROJECTS.
   10          503. COST ANALYSIS.
   11          504. PREPARATION OF PRELIMINARY SOLICITATIONS.
   12          505. PRELIMINARY ACCEPTANCE OF BEST VALUE PROPOSALS.
   13          506. GENERAL PROVISIONS.
   14          507. AGREEMENTS.
   15          508. REVENUES.
   16          509. CONDEMNATION AND OPERATION IN THE EVENT OF A DEFAULT.
   17          510. FEDERAL, STATE AND LOCAL ASSISTANCE.
   18          511. POLICE POWERS; VIOLATIONS OF LAW.
   19          512. POWERS AND DUTIES OF THE PRIVATE ENTITY.
   20          513. CONFIDENTIALITY.
   21          514. SEVERABILITY CLAUSE.
   22    S 500. DEFINITIONS. AS USED IN THIS ARTICLE, UNLESS A DIFFERENT  MEAN-
   23  ING APPEARS FROM THE CONTEXT, THE FOLLOWING TERMS SHALL MEAN:

        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11455-04-1

       A. 8487                             2

    1    1.  "PRIVATE  ENTITY"  MEANS  ANY  ASSOCIATION,  CORPORATION,  LIMITED
    2  LIABILITY COMPANY, PARTNERSHIP, FIRM, BUSINESS TRUST, JOINT VENTURE, NOT
    3  FOR PROFIT ENTITY, FUND OR OTHER PRIVATE BUSINESS ENTITY.
    4    2.  "PUBLIC ENTITY" MEANS THE STATE, THE FEDERAL GOVERNMENT, ANY OTHER
    5  STATE, ANY BI-STATE AUTHORITY OR COMMISSION, ANY  MULTI-STATE  AUTHORITY
    6  OR  COMMISSION,  ANY MULTI-NATIONAL AUTHORITY OR COMMISSION, ANY NATION,
    7  ANY PROVINCE, OR ANY AGENCY, COMMISSION, PUBLIC AUTHORITY, PUBLIC  BENE-
    8  FIT  CORPORATION,  POLITICAL SUBDIVISION OR MUNICIPALITY THEREOF, OR ANY
    9  OTHER GOVERNMENTAL ENTITY, OR ANY COMBINATION OF ANY OF THE FOREGOING.
   10    3. "TRANSPORTATION  INFRASTRUCTURE"  MEANS  (A)  HIGHWAYS,  RAILROADS,
   11  AIRPORTS,  TRANSIT FACILITIES, BUSES, FERRIES, BRIDGES, TUNNELS, TRACKS,
   12  VEHICLES, PORTS, ROLLING STOCK, EQUIPMENT, PARKING  FACILITIES,  TRANSIT
   13  STATIONS,  BUS  STATIONS,  INTERMODAL  CENTERS,  TERMINALS,  REST AREAS,
   14  TRANSPORTATION MANAGEMENT AND INFORMATION SYSTEMS, INTELLIGENT TRANSPOR-
   15  TATION SYSTEMS, LAND USE CONTROL AND DEVELOPMENT, FUEL  STORAGE,  ENERGY
   16  SYSTEMS,  SECURITY SYSTEMS, SEISMIC CONTROL SYSTEMS, UTILITY RELOCATION,
   17  AND RIGHTS-OF-WAY ASSOCIATED WITH EACH  MODE  OR  FACILITY  AND  RELATED
   18  FACILITIES  AND  SYSTEMS,  AND; (B) SERVICES FOR THE MOVEMENT OF PEOPLE,
   19  VEHICLES, GOODS OR INFORMATION ON, BY OR THROUGH THE USE OF THOSE  ITEMS
   20  SET  FORTH  IN  PARAGRAPH  (A)  OF  THIS  SUBDIVISION, AND SHALL INCLUDE
   21  SERVICES PROVIDED PURSUANT TO TRANSPORTATION INFRASTRUCTURE AGREEMENTS.
   22    5. "TRANSPORTATION INFRASTRUCTURE AGREEMENT" SHALL MEAN ANY  AGREEMENT
   23  ENTERED INTO BY THE COMMISSIONER PURSUANT TO SECTION FIVE HUNDRED ONE OF
   24  THIS ARTICLE.
   25    6.  "TRANSPORTATION  INFRASTRUCTURE  PROJECT" SHALL MEAN THE PLANNING,
   26  ACQUISITION, DESIGN, ENGINEERING, ENVIRONMENTAL ANALYSIS,  CONSTRUCTION,
   27  RECONSTRUCTION, RESTORATION, REHABILITATION, ESTABLISHMENT, IMPROVEMENT,
   28  RENOVATION,   EXTENSION,  REPAIR,  MANAGEMENT,  OPERATION,  MAINTENANCE,
   29  DEVELOPMENT AND/OR FINANCING OF TRANSPORTATION INFRASTRUCTURE.
   30    7. "BOARD" SHALL MEAN THE INNOVATIVE INFRASTRUCTURE DEVELOPMENT  BOARD
   31  AS ESTABLISHED BY SECTION NINE HUNDRED THIRTY OF THE EXECUTIVE LAW.
   32    S  501.  AUTHORITY OF THE COMMISSIONER. NOTWITHSTANDING THE PROVISIONS
   33  OF ANY LAW TO THE CONTRARY, THE COMMISSIONER IS AUTHORIZED TO ENTER INTO
   34  TRANSPORTATION INFRASTRUCTURE AGREEMENTS, ON SUCH TERMS  AND  CONDITIONS
   35  AS THE COMMISSIONER DEEMS APPROPRIATE AND SUBJECT TO THE APPROVAL OF THE
   36  DIRECTOR OF THE BUDGET AND THE BOARD, AND IN ACCORDANCE WITH SECTION ONE
   37  HUNDRED  TWELVE  OF  THE  STATE  FINANCE LAW, WITH PUBLIC AND/OR PRIVATE
   38  ENTITIES TO PROVIDE FOR, OR IN SUPPORT OF, OR ASSOCIATED WITH  TRANSPOR-
   39  TATION  INFRASTRUCTURE  PROJECTS. IN FURTHERANCE OF SUCH AGREEMENTS, THE
   40  COMMISSIONER MAY:
   41    1. ACCEPT, IN ACCORDANCE WITH THE STATE FINANCE  LAW  AND  THE  PUBLIC
   42  OFFICERS  LAW, ANY APPROPRIATION, GRANT OR OFFER OF FUNDS OR PROPERTY OR
   43  OTHER FORMS OF ASSISTANCE FOR THE PURPOSES  OF  THIS  ARTICLE  FROM  ANY
   44  PUBLIC  AND/OR  PRIVATE  ENTITY AND COMPLY WITH THE TERMS AND CONDITIONS
   45  THEREOF;
   46    2. ACCEPT, PURSUANT TO THE TERMS OF  A  TRANSPORTATION  INFRASTRUCTURE
   47  AGREEMENT  ENTERED INTO PURSUANT TO THIS SECTION, PROPERTY OR ANY INTER-
   48  ESTS THEREIN AND TRANSPORTATION INFRASTRUCTURE TO BE MAINTAINED AS  PART
   49  OF  THE  STATE'S TRANSPORTATION SYSTEM. ANY SUCH INTEREST IN TRANSPORTA-
   50  TION INFRASTRUCTURE SO ACQUIRED SHALL BE DEEMED TO HAVE BEEN ACQUIRED BY
   51  THE COMMISSIONER PURSUANT TO SECTION THIRTY OF THE HIGHWAY LAW;
   52    3. UTILIZE ANY OF THE POWERS  OR  AUTHORITY  OF  THE  COMMISSIONER  TO
   53  ACHIEVE THE PURPOSES OF THIS ARTICLE;
   54    4.  FINANCE  ALL  OR ANY PART OF THE COSTS TO THE DEPARTMENT OR TO ANY
   55  PUBLIC  AND/OR  PRIVATE  ENTITY  OF  ANY  TRANSPORTATION  INFRASTRUCTURE
   56  PROJECT, INCLUDING FINANCING THROUGH OR ACCOMPANIED BY ONE OR MORE LEAS-

       A. 8487                             3

    1  ES  OR  CONCESSIONS  OF  SUCH  PROJECT OR ANY PART THEREOF BY OR TO SUCH
    2  ENTITY OR ENTITIES AND/OR BY OR TO THE DEPARTMENT; AND
    3    5.  UTILIZE  THE  COMMISSIONER'S EMINENT DOMAIN POWERS PURSUANT TO THE
    4  HIGHWAY LAW AND THE EMINENT DOMAIN PROCEDURE  LAW,  ON  SUCH  TERMS  AND
    5  CONDITIONS  AS  THE  COMMISSIONER DEEMS APPROPRIATE, TO ACQUIRE PROPERTY
    6  REQUIRED FOR TRANSPORTATION INFRASTRUCTURE PROJECTS THAT ARE THE SUBJECT
    7  OF TRANSPORTATION INFRASTRUCTURE AGREEMENTS WITH THE COMMISSIONER PURSU-
    8  ANT TO THIS SECTION.
    9    S 502. TRANSPORTATION  INFRASTRUCTURE  PROJECTS.    1.  TRANSPORTATION
   10  INFRASTRUCTURE  PROJECTS  PROVIDED  PURSUANT TO A TRANSPORTATION INFRAS-
   11  TRUCTURE AGREEMENT SHALL NOT BE SUBJECT TO THE PROVISIONS OF  ANY  LOCAL
   12  LAW,  LAND USE REVIEW REQUIREMENTS, REAL PROPERTY TAX OR ANY OTHER LOCAL
   13  TAX.
   14    2. WHENEVER  A  TRANSPORTATION  INFRASTRUCTURE  PROJECT  INVOLVES  THE
   15  CONSTRUCTION, RECONSTRUCTION OR IMPROVEMENT OF A STATE HIGHWAY, WHICH IS
   16  NOW  OR  WHICH  SHALL  HEREAFTER  BE DESIGNATED IN SECTION THREE HUNDRED
   17  FORTY-ONE OF THE HIGHWAY LAW, SHALL PROVIDE FOR THE RELOCATION  OF  SUCH
   18  STATE  HIGHWAY  OR PORTION THEREOF ON A LOCATION WHICH DEVIATES FROM THE
   19  LOCATION OF THE EXISTING HIGHWAY FOR A CONTINUOUS LENGTH  IN  EXCESS  OF
   20  ONE  MILE AS MEASURED ALONG THE CENTER LINE OF THE EXISTING HIGHWAY, THE
   21  COMMISSIONER SHALL BEFORE FILING THE DESCRIPTIONS AND THE ORIGINAL TRAC-
   22  INGS OF ANY MAPS OR PROCEEDING WITH THE ACQUISITION OF PROPERTY  OR  THE
   23  WORK OF CONSTRUCTION, RECONSTRUCTION OR IMPROVEMENT, TRANSMIT SUCH PLANS
   24  TO  THE  BOARD OF SUPERVISORS OF EACH COUNTY IN WHICH SUCH RELOCATION OR
   25  ANY PORTION THEREOF IS SITUATED. IN CASE THE RELOCATION OR  ANY  PORTION
   26  THEREOF  AS  PROPOSED,  IS SITUATED IN A COUNTY OTHER THAN THE COUNTY IN
   27  WHICH THE EXISTING HIGHWAY OR PORTION THEREOF  IS  LOCATED,  SUCH  PLANS
   28  SHALL  BE  TRANSMITTED  TO BOTH OF SUCH COUNTIES AND SHALL BE SUBJECT TO
   29  REVIEW BY EACH OF SUCH COUNTIES IN THE MANNER AS  HEREINAFTER  PROVIDED.
   30  THE BOARD OF SUPERVISORS, AFTER THE RECEIPT OF SUCH PLANS, MAY CONDUCT A
   31  PUBLIC HEARING OR HEARINGS UPON SUCH NOTICE AS SUCH BOARD OF SUPERVISORS
   32  SHALL  DEEM  REASONABLE, BUT NOT LESS THAN TEN DAYS, TO THE COMMISSIONER
   33  AND TO SUCH OTHER PARTY OR PARTIES DEEMED BY SAID BOARD  OF  SUPERVISORS
   34  TO  BE  INTERESTED  IN  THE PROJECT. IN ANY EVENT, AND WITHIN FORTY-FIVE
   35  DAYS AFTER RECEIPT OF THE PLANS, THE  BOARD  OF  SUPERVISORS  SHALL,  BY
   36  RESOLUTION,  DULY  ADOPTED  BY A MAJORITY VOTE OF ITS MEMBERS, PROVIDE A
   37  RECOMMENDATION OF APPROVAL, DISAPPROVAL OR MODIFICATION IN SUCH PLANS AS
   38  THE PUBLIC INTEREST SHALL REQUIRE. SUCH RESOLUTION SHALL BE FORWARDED TO
   39  THE COMMISSIONER WITHIN FIVE DAYS OF ADOPTION. IN CASE  SUCH  RELOCATION
   40  IS  SITUATED IN TWO OR MORE COUNTIES, SUCH RESOLUTION MUST BE SEPARATELY
   41  ADOPTED BY THE BOARD OF SUPERVISORS OF EACH COUNTY AS TO THE  RELOCATION
   42  SITUATED  THEREIN. THE FORM OF THE RESOLUTION SHALL BE PRESCRIBED BY THE
   43  COMMISSIONER. THE COMMISSIONER SHALL  IN  REVIEWING  ANY  TRANSPORTATION
   44  INFRASTRUCTURE  PROJECT  PROPOSAL  SUBJECT  TO THIS SUBDIVISION TAKE ANY
   45  RESOLUTION ADOPTED PURSUANT TO THIS SUBDIVISION INTO CONSIDERATION. UPON
   46  THE FAILURE OR OMISSION OF ANY BOARD OF SUPERVISORS TO  ACT  WITHIN  THE
   47  TIME  AND  MANNER  HEREIN REQUIRED, THE SAID PLANS SHALL BE DEEMED TO BE
   48  ACCEPTABLE SO FAR AS SUCH BOARD OF SUPERVISORS IS CONCERNED.
   49    S 503. COST ANALYSIS. PRIOR TO  ANY  SOLICITATION  OF  PROPOSALS  MADE
   50  PURSUANT  TO  SECTION  NINE HUNDRED THIRTY-ONE OF THE EXECUTIVE LAW, THE
   51  COMMISSIONER SHALL CONDUCT A STUDY AND ISSUE A REPORT WHICH SHALL DETAIL
   52  THE RISK ADJUSTED ESTIMATED LIFE OF PROJECT COST FOR THE PROPOSED TRANS-
   53  PORTATION INFRASTRUCTURE PROJECT WERE THE DEPARTMENT TO  UNDERTAKE  SUCH
   54  PROJECT THROUGH TRADITIONAL MEANS OF PROCUREMENT AND FINANCING.
   55    S  504.  PREPARATION OF PRELIMINARY SOLICITATIONS. NOTWITHSTANDING ANY
   56  PROVISION OF LAW TO THE CONTRARY,  THE  COMMISSIONER  IS  AUTHORIZED  TO

       A. 8487                             4

    1  PREPARE  PRELIMINARY  SOLICITATIONS  FOR THE PROVISION OF TRANSPORTATION
    2  INFRASTRUCTURE PROJECTS.   SUCH  A  SOLICITATION  SHALL  SET  FORTH  THE
    3  PROPOSED  PARAMETERS  FOR  THE TRANSPORTATION INFRASTRUCTURE PROJECT AND
    4  SHALL  BE  SUBJECT  TO  APPROVAL  OF  THE BOARD PURSUANT TO SECTION NINE
    5  HUNDRED THIRTY-ONE OF THE EXECUTIVE LAW.
    6    S 505. PRELIMINARY ACCEPTANCE OF BEST VALUE PROPOSALS.  1.    AFTER  A
    7  SOLICITATION  MADE  PURSUANT  TO  SECTION NINE HUNDRED THIRTY-ONE OF THE
    8  EXECUTIVE LAW, THE COMMISSIONER SHALL REVIEW ALL  PROPER  PROPOSALS  AND
    9  MAY  PRELIMINARILY  ACCEPT  AND  ADVANCE  TO  THE BOARD FOR APPROVAL THE
   10  PROPOSAL THAT IS DETERMINED BY THE COMMISSIONER TO BE THE BEST VALUE  AS
   11  DEFINED  IN  SECTION  ONE  HUNDRED SIXTY-THREE OF THE STATE FINANCE LAW,
   12  CONSIDERING THE FOLLOWING:
   13    (A) A PUBLIC  NEED  FOR  THE  PROPOSED  TRANSPORTATION  INFRASTRUCTURE
   14  PROJECT;
   15    (B) THE REASONABLENESS OF ESTIMATED COSTS, BENEFITS AND LIABILITIES OF
   16  THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT;
   17    (C)  THE  COMPATIBILITY  OF THE PROPOSED TRANSPORTATION INFRASTRUCTURE
   18  PROJECT AND THE SCHEDULING OF ITS DEVELOPMENT OR IMPLEMENTATION AND  ITS
   19  CONNECTIONS TO OR ROLE WITHIN THE EXISTING TRANSPORTATION SYSTEM AND THE
   20  COMPATIBILITY  WITH  THE  TRANSPORTATION  PLANS  OF THE STATE AND OF ANY
   21  AFFECTED LOCAL JURISDICTIONS;
   22    (D) THE FEASIBILITY OF THE FINANCING OF THE DEVELOPMENT, CONSTRUCTION,
   23  IMPLEMENTATION AND/OR OPERATION OF THE PROPOSED  TRANSPORTATION  INFRAS-
   24  TRUCTURE PROJECT;
   25    (E)  THE  QUALIFICATIONS,  EXPERIENCE,  AND  FINANCIAL CAPACITY OF THE
   26  PUBLIC AND/OR PRIVATE ENTITY PROVIDING THE TRANSPORTATION INFRASTRUCTURE
   27  PROJECT; AND
   28    (F) WHETHER THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT  SATIS-
   29  FIES ANY OTHER CRITERIA ESTABLISHED IN THE SOLICITATION MADE PURSUANT TO
   30  SECTION NINE HUNDRED THIRTY-ONE OF THE EXECUTIVE LAW.
   31    2.    THE COMMISSIONER SHALL NOT ACCEPT OR ADVANCE ANY PROPOSAL UNLESS
   32  THE AGGREGATE LIFE OF PROJECT COST FOR THE TRANSPORTATION INFRASTRUCTURE
   33  PROJECT IS LESS THAN THE ESTIMATE PROVIDED IN  THE  COST  ANALYSIS  MADE
   34  PURSUANT TO SECTION FIVE HUNDRED THREE OF THIS ARTICLE.
   35    S  506.  GENERAL  PROVISIONS.  1.  NOTHING  IN  THIS  ARTICLE SHALL BE
   36  CONSTRUED TO REQUIRE THE COMMISSIONER OR BOARD TO ACCEPT  ANY  PROPOSAL,
   37  OR ENTER INTO ANY AGREEMENT WITH ANY PUBLIC AND/OR PRIVATE ENTITY.
   38    2.  NOTHING IN THIS ARTICLE SHALL BE DEEMED TO LIMIT THE APPLICABILITY
   39  OF EXISTING POWERS AND AUTHORITY OF THE COMMISSIONER OR TO  REQUIRE  THE
   40  COMMISSIONER TO ADVANCE ANY PROJECT THROUGH THE PROVISIONS OF THIS ARTI-
   41  CLE.
   42    3.  NOTWITHSTANDING  ANY PROVISION OF LAW TO THE CONTRARY, THE DEPART-
   43  MENT MAY CONVEY ANY INTEREST IN PROPERTY UNDER THE JURISDICTION  OF  THE
   44  DEPARTMENT  TO A PUBLIC AND/OR PRIVATE ENTITY PURSUANT TO THE TERMS OF A
   45  TRANSPORTATION INFRASTRUCTURE AGREEMENT ENTERED INTO PURSUANT TO SECTION
   46  FIVE HUNDRED ONE OF THIS ARTICLE, PROVIDED HOWEVER THAT NO SUCH  CONVEY-
   47  ANCE SHALL BE A FEE SIMPLE ABSOLUTE AND ANY CONVEYANCE OF AN INTEREST IN
   48  PROPERTY  IN  EXCESS  OF  THIRTY-FIVE  YEARS SHALL REQUIRE APPROVAL BY A
   49  SUPER-MAJORITY OF THE BOARD PURSUANT TO ARTICLE FORTY-THREE OF THE EXEC-
   50  UTIVE LAW.
   51    4. NOTHING IN THIS ARTICLE SHALL BE CONSTRUED AS A WAIVER OF OR  LIMI-
   52  TATION  UPON  THE SOVEREIGN IMMUNITY OF THE STATE OR ANY INSTRUMENTALITY
   53  THEREOF.
   54    5. THE COMMISSIONER IS HEREBY AUTHORIZED TO PROMULGATE ANY  RULES  AND
   55  REGULATIONS DEEMED NECESSARY OR DESIRABLE FOR THE IMPLEMENTATION OF THIS
   56  ARTICLE.

       A. 8487                             5

    1    6.  PROJECTS  UNDERTAKEN  BY THE COMMISSIONER PURSUANT TO THIS ARTICLE
    2  SHALL BE SUBJECT TO THE REQUIREMENTS OF ARTICLE EIGHT  OF  THE  ENVIRON-
    3  MENTAL  CONSERVATION LAW, AND, WHERE APPLICABLE, THE REQUIREMENTS OF THE
    4  NATIONAL ENVIRONMENTAL POLICY ACT.
    5    S 507. AGREEMENTS. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRA-
    6  RY,  THE  COMMISSIONER, THROUGH TRANSPORTATION INFRASTRUCTURE AGREEMENTS
    7  ENTERED INTO PURSUANT TO SECTION FIVE HUNDRED ONE OF THIS  ARTICLE,  MAY
    8  PROVIDE FOR:
    9    1. THE PLANNING, ACQUISITION, DESIGN, ENGINEERING, ENVIRONMENTAL ANAL-
   10  YSIS,  CONSTRUCTION, RECONSTRUCTION, REHABILITATION, RESTORATION, ESTAB-
   11  LISHMENT, IMPROVEMENT, RENOVATION, EXTENSION, REPAIR, MANAGEMENT, OPERA-
   12  TION,  MAINTENANCE,  DEVELOPMENT  AND/OR  FINANCING  OF   TRANSPORTATION
   13  INFRASTRUCTURE  BY  A  SINGLE PUBLIC OR PRIVATE ENTITY OR COMBINATION OF
   14  PUBLIC AND PRIVATE ENTITIES;
   15    2. THE ALLOCATION OF RESPONSIBILITY AND TIMING  FOR  SPECIFIC  PROJECT
   16  ELEMENTS,  REVENUE-SHARING ARRANGEMENTS, ALLOCATION OF FINANCIAL RESPON-
   17  SIBILITY FOR COST OVERRUNS, ALLOCATION OF DEVELOPMENT  COSTS,  INSURANCE
   18  OR  SURETY  REQUIREMENTS,  LIABILITY  FOR NON-PERFORMANCE, STANDARDS AND
   19  INCENTIVES FOR PERFORMANCE, DEFAULT,  TERMINATION,  BUY-BACK,  RENEGOTI-
   20  ATION  OR  AMENDMENT  CLAUSES,  INSPECTION CLAUSES, FINANCIAL REPORTING,
   21  ACCOUNTING AND AUDITING STANDARDS, ENVIRONMENTAL PERFORMANCE  STANDARDS,
   22  ANY OTHER RIGHTS AND DUTIES; AND
   23    3.  THE  CROSSING OF ANY STREET, HIGHWAY, RAILROAD, CANAL OR NAVIGABLE
   24  WATER COURSE OR RIGHT-OF-WAY, OR OTHER ROADWAY SO LONG AS  THE  CROSSING
   25  DOES NOT UNREASONABLY INTERFERE WITH THE REASONABLE USE THEREOF.
   26    S  508.  REVENUES.  ANY  DEPARTMENT  REVENUES  DERIVED FROM ANY LEASE,
   27  CONCESSION OR OTHER FINANCING STRUCTURE  PURSUANT  TO  A  TRANSPORTATION
   28  INFRASTRUCTURE  AGREEMENT MAY ONLY BE USED FOR THE PURPOSE OF THE DEVEL-
   29  OPMENT OF TRANSPORTATION INFRASTRUCTURE.
   30    S 509. CONDEMNATION AND OPERATION IN THE EVENT OF A  DEFAULT.  IN  THE
   31  EVENT  A  PUBLIC  OR  PRIVATE ENTITY DEFAULTS ON ITS OBLIGATIONS UNDER A
   32  TRANSPORTATION INFRASTRUCTURE AGREEMENT ENTERED INTO PURSUANT TO SECTION
   33  FIVE HUNDRED ONE OF THIS ARTICLE, THE COMMISSIONER WITH  BOARD  APPROVAL
   34  IS  HEREBY  AUTHORIZED  BUT  NOT REQUIRED TO ACQUIRE, IN THE NAME OF THE
   35  PEOPLE OF THE STATE, ALL OR ANY PORTION OF  ANY  TRANSPORTATION  INFRAS-
   36  TRUCTURE  CONSTRUCTED  OR  UNDER  CONSTRUCTION BY SUCH PUBLIC OR PRIVATE
   37  ENTITY, WITH ANY DAMAGES SUFFERED TO THE  STATE  AS  A  RESULT  OF  SUCH
   38  DEFAULT BEING AN OFFSET TO THE COMPENSATION PROVIDED FOR THE ACQUISITION
   39  OF  THE  TRANSPORTATION  INFRASTRUCTURE.  THE  COMMISSIONER,  WITH BOARD
   40  APPROVAL, MAY ALSO TERMINATE THE TRANSPORTATION INFRASTRUCTURE AGREEMENT
   41  AND EXERCISE ANY OTHER RIGHTS OR REMEDIES WHICH MAY BE AVAILABLE TO  THE
   42  DEPARTMENT  AT  LAW  OR IN EQUITY.  IN THE EVENT OF SUCH ACQUISITION AND
   43  NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, THE DEPARTMENT  IS
   44  HEREBY  AUTHORIZED,  BUT  IS  NOT  REQUIRED, TO OPERATE AND MAINTAIN THE
   45  TRANSPORTATION INFRASTRUCTURE.
   46    S 510. FEDERAL, STATE AND LOCAL  ASSISTANCE.  1.  NOTWITHSTANDING  ANY
   47  PROVISION  OF  LAW  TO  THE  CONTRARY,  THE COMMISSIONER, IN RELATION TO
   48  TRANSPORTATION  INFRASTRUCTURE  AGREEMENTS  ENTERED  INTO  PURSUANT   TO
   49  SECTION FIVE HUNDRED ONE OF THIS ARTICLE, MAY:
   50    (A) TAKE ANY ACTION TO OBTAIN FEDERAL, STATE OR LOCAL ASSISTANCE FOR A
   51  TRANSPORTATION  INFRASTRUCTURE  PROJECT THAT SERVES THE PURPOSES OF THIS
   52  ARTICLE AND MAY ENTER  INTO  ANY  CONTRACTS  REQUIRED  TO  RECEIVE  SUCH
   53  ASSISTANCE. THE COMMISSIONER MAY USE SUCH ASSISTANCE FOR THE IMPLEMENTA-
   54  TION OF THE TRANSPORTATION INFRASTRUCTURE AGREEMENTS ENTERED INTO PURSU-
   55  ANT TO SECTION FIVE HUNDRED ONE OF THIS ARTICLE.

       A. 8487                             6

    1    (B) AGREE TO MAKE GRANTS OR LOANS OR OTHER FORMS OF ASSISTANCE FOR THE
    2  DEVELOPMENT   AND/OR  OPERATION  OF  THE  TRANSPORTATION  INFRASTRUCTURE
    3  PROJECT FROM TIME TO TIME FROM AMOUNTS RECEIVED FROM THE FEDERAL, STATE,
    4  OR ANY LOCAL GOVERNMENT, OR ANY AGENCY OR INSTRUMENTALITY THEREOF.
    5    2.  NOTHING  IN  THIS  ARTICLE  OR  IN A TRANSPORTATION INFRASTRUCTURE
    6  AGREEMENT ENTERED INTO PURSUANT TO  THIS  ARTICLE  SHALL  BE  DEEMED  TO
    7  ENLARGE,  DIMINISH  OR AFFECT THE AUTHORITY, IF ANY, CONCERNING THE DEBT
    8  CAPACITY OF THE STATE OR ANY OTHER PUBLIC ENTITY.
    9    S  511.  POLICE  POWERS;  VIOLATIONS  OF  LAW.   NOTWITHSTANDING   ANY
   10  PROVISIONS OF LAW TO THE CONTRARY:
   11    1.  ALL POLICE OFFICERS OF THE STATE AND OF EACH AFFECTED LOCAL JURIS-
   12  DICTION, SHALL HAVE THE SAME POWERS AND JURISDICTION WITHIN  THE  LIMITS
   13  OF  THE  TRANSPORTATION  INFRASTRUCTURE AS THEY HAVE IN THEIR RESPECTIVE
   14  AREAS OF JURISDICTION AND SUCH POLICE OFFICERS SHALL HAVE ACCESS TO  THE
   15  TRANSPORTATION  INFRASTRUCTURE AT ANY TIME FOR THE PURPOSE OF EXERCISING
   16  SUCH POWERS AND JURISDICTION. THIS AUTHORITY  DOES  NOT  EXTEND  TO  THE
   17  PRIVATE OFFICES, BUILDINGS, GARAGES, AND OTHER IMPROVEMENTS OF A PRIVATE
   18  ENTITY  TO ANY GREATER DEGREE THAN THE POLICE POWER EXTENDS TO ANY OTHER
   19  PRIVATE BUILDINGS AND IMPROVEMENTS.
   20    2. TO THE EXTENT THE TRANSPORTATION INFRASTRUCTURE IS A HIGHWAY, ROAD,
   21  BRIDGE, TUNNEL, OVERPASS, OR SIMILAR TRANSPORTATION  INFRASTRUCTURE  FOR
   22  MOTOR  VEHICLES, THE TRAFFIC AND MOTOR VEHICLE LAWS GENERALLY APPLICABLE
   23  TO SUCH INFRASTRUCTURE UNDER THE JURISDICTION OF  THE  DEPARTMENT  SHALL
   24  APPLY  TO  CONDUCT  ON THE TRANSPORTATION INFRASTRUCTURE. PUNISHMENT FOR
   25  OFFENSES SHALL BE AS PRESCRIBED BY LAW FOR CONDUCT OCCURRING ON  SIMILAR
   26  TRANSPORTATION INFRASTRUCTURE IN THE STATE.
   27    S  512.  POWERS  AND DUTIES OF THE PRIVATE ENTITY. NOTWITHSTANDING ANY
   28  PROVISIONS OF LAW TO THE CONTRARY:
   29    1. THE PRIVATE ENTITY SHALL HAVE ALL POWER ALLOWED BY LAW GENERALLY TO
   30  A PRIVATE ENTITY HAVING THE SAME FORM OF  ORGANIZATION  AS  THE  PRIVATE
   31  ENTITY  AND SHALL HAVE THE POWER TO DEVELOP, MAINTAIN AND/OR OPERATE THE
   32  TRANSPORTATION INFRASTRUCTURE AND/OR ENTER  INTO  SERVICE  CONTRACTS  OR
   33  OTHER AGREEMENTS IN CONNECTION WITH THE USE THEREOF.
   34    2.  THE  PRIVATE ENTITY MAY LEASE OR ACQUIRE ANY OTHER RIGHT TO USE OR
   35  DEVELOP,  MAINTAIN  AND/OR  OPERATE  THE  TRANSPORTATION  INFRASTRUCTURE
   36  CONSISTENT  WITH  SUBDIVISION  THREE OF SECTION FIVE HUNDRED SIX OF THIS
   37  ARTICLE.
   38    S 513. CONFIDENTIALITY. ANY REQUEST FOR PROPOSAL OR AGREEMENT  ENTERED
   39  PURSUANT  TO  THIS  ARTICLE  SHALL  MAKE PROVISION FOR THE PROTECTION OF
   40  INTERESTS AND RIGHTS IN INTELLECTUAL  PROPERTY  AND  TRADE  SECRETS  AND
   41  CONFIDENTIAL INFORMATION OTHERWISE PROTECTED BY STATE OR FEDERAL LAW.
   42    S  514.  SEVERABILITY  CLAUSE.  IF ANY SECTION, CLAUSE OR PROVISION OF
   43  THIS ARTICLE SHALL BE DETERMINED TO BE UNCONSTITUTIONAL OR  BE  INEFFEC-
   44  TIVE  IN WHOLE OR IN PART, TO THE EXTENT THAT IT IS NOT UNCONSTITUTIONAL
   45  OR INEFFECTIVE, IT SHALL BE VALID AND EFFECTIVE AND  NO  OTHER  SECTION,
   46  CLAUSE  OR  PROVISION  SHALL,  ON  ACCOUNT THEREOF, BE DEEMED INVALID OR
   47  INEFFECTIVE.
   48    S 3. The executive law is amended by adding a new article 43  to  read
   49  as follows:
   50                                 ARTICLE 43
   51                 INNOVATIVE INFRASTRUCTURE DEVELOPMENT BOARD
   52  SECTION 930. INNOVATIVE INFRASTRUCTURE DEVELOPMENT BOARD.
   53          931. POWERS AND DUTIES.
   54    S 930. INNOVATIVE INFRASTRUCTURE DEVELOPMENT BOARD. 1. THERE IS HEREBY
   55  ESTABLISHED  IN  THE  EXECUTIVE  DEPARTMENT AN INNOVATIVE INFRASTRUCTURE
   56  DEVELOPMENT BOARD ("BOARD") TO CONSIST OF NINE  MEMBERS,  WHO  SHALL  BE

       A. 8487                             7

    1  APPOINTED  AS  FOLLOWS:(A)  THREE  SHALL  BE  APPOINTED BY THE GOVERNOR,
    2  PROVIDED THAT ONE SHALL BE THE COMMISSIONER OF TRANSPORTATION AND OF THE
    3  REMAINING TWO, ONE EACH SHALL BE FROM EACH OF THE  TWO  MAJOR  POLITICAL
    4  PARTIES; (B) TWO SHALL BE APPOINTED ON THE WRITTEN RECOMMENDATION OF THE
    5  TEMPORARY  PRESIDENT  OF  THE  SENATE; (C) TWO SHALL BE APPOINTED ON THE
    6  WRITTEN RECOMMENDATION OF THE SPEAKER OF THE ASSEMBLY; (D) ONE SHALL  BE
    7  APPOINTED  ON  THE  WRITTEN RECOMMENDATION OF THE MINORITY LEADER OF THE
    8  SENATE; AND (E) ONE SHALL BE APPOINTED ON THE WRITTEN RECOMMENDATION  OF
    9  THE MINORITY LEADER OF THE ASSEMBLY.
   10    2.  THE  GOVERNOR  SHALL DESIGNATE THE CHAIR FROM AMONG THE MEMBERS OF
   11  THE BOARD.
   12    3. (A) AT LEAST ONE MEMBER EACH APPOINTED BY THE  GOVERNOR,  TEMPORARY
   13  PRESIDENT  OF  THE SENATE AND SPEAKER OF THE ASSEMBLY SHALL BE AN EXPERT
   14  IN TRANSPORTATION, AND/OR PUBLIC FINANCE AND/OR  INFRASTRUCTURE  MANAGE-
   15  MENT.
   16    (B)  AT  LEAST  ONE  MEMBER  EACH APPOINTED BY THE GOVERNOR, TEMPORARY
   17  PRESIDENT OF THE SENATE AND SPEAKER OF THE ASSEMBLY SHALL  BE  FROM  THE
   18  PRIVATE  SECTOR, PROVIDED, HOWEVER THAT THE MEMBER APPOINTED PURSUANT TO
   19  THIS PARAGRAPH MAY BE THE SAME AS  THAT  MEMBER  APPOINTED  PURSUANT  TO
   20  PARAGRAPH (A) OF THIS SUBDIVISION.
   21    (C) NO MEMBER OF THE BOARD SHALL ALSO BE A MEMBER OF THE LEGISLATURE.
   22    4.  THE  MEMBERS  OF THE BOARD SHALL RECEIVE NO COMPENSATION FOR THEIR
   23  SERVICE AS MEMBERS, BUT SHALL BE ENTITLED TO ACTUAL  NECESSARY  EXPENSES
   24  INCURRED  IN THE PERFORMANCE OF THEIR DUTIES. MEMBERS OF THE BOARD SHALL
   25  BE CONSIDERED PUBLIC OFFICERS FOR PURPOSES OF SECTION SEVENTEEN  OF  THE
   26  PUBLIC OFFICERS LAW.
   27    5. A QUORUM SHALL CONSIST OF A MAJORITY OF THE MEMBERS OF THE BOARD. A
   28  QUORUM  SHALL  BE  REQUIRED TO CONDUCT BUSINESS.  APPROVAL OF ANY MATTER
   29  PROPERLY BEFORE THE BOARD SHALL REQUIRE  THE  AFFIRMATIVE  VOTE  OF  THE
   30  MAJORITY  OF  THE BOARD; PROVIDED HOWEVER THAT ANY PROVISION OF A TRANS-
   31  PORTATION INFRASTRUCTURE AGREEMENT, AS DEFINED IN SECTION  FIVE  HUNDRED
   32  OF  THE  TRANSPORTATION  LAW,  SUBDIVISION  ONE OF SECTION THREE HUNDRED
   33  EIGHTY-EIGHT OF THE PUBLIC AUTHORITIES LAW OR SUBDIVISION ONE OF SECTION
   34  TWELVE HUNDRED SEVENTY-I OF THE PUBLIC AUTHORITIES LAW,  WHICH  PROVIDES
   35  FOR  THE CONVEYANCE OF ANY INTEREST IN EXCESS OF THIRTY-FIVE YEARS SHALL
   36  REQUIRE AN AFFIRMATIVE VOTE BY  A  SUPER-MAJORITY  OF  SIX  MEMBERS  FOR
   37  APPROVAL.
   38    6.  MEETINGS  SHALL  BE  CALLED BY THE CHAIR OR BY A MAJORITY OF THOSE
   39  MEMBERS APPOINTED. MEETINGS SHALL BE HELD AT LEAST BI-ANNUALLY.
   40    7. THE BOARD MAY APPOINT SUCH OFFICERS AND EMPLOYEES AS IT MAY REQUIRE
   41  FOR THE PERFORMANCE OF ITS DUTIES AND FIX AND DETERMINE THEIR QUALIFICA-
   42  TIONS, DUTIES, AND COMPENSATION, AND RETAIN OR EMPLOY COUNSEL,  AUDITORS
   43  AND PRIVATE FINANCIAL CONSULTANTS AND OTHER SERVICES ON A CONTRACT BASIS
   44  OR  OTHERWISE FOR RENDERING PROFESSIONAL, BUSINESS OR TECHNICAL SERVICES
   45  AND ADVICE; SUCH AUTHORITY SHALL BE SUBJECT TO APPROPRIATION.
   46    8. THE BOARD SHALL ESTABLISH BY-LAWS FOR THE MANAGEMENT AND REGULATION
   47  OF ITS AFFAIRS.
   48    S 931. POWERS AND DUTIES. 1. SOLICITATION OF PROPOSALS. THE BOARD  MAY
   49  APPROVE AND PUBLICLY SOLICIT A PRELIMINARY PROPOSAL ADVANCED PURSUANT TO
   50  SECTION FIVE HUNDRED FOUR OF THE TRANSPORTATION LAW, SUBDIVISION FOUR OF
   51  SECTION  THREE  HUNDRED  EIGHTY-EIGHT  OF THE PUBLIC AUTHORITIES LAW, OR
   52  SUBDIVISION FOUR OF SECTION TWELVE HUNDRED SEVENTY-I OF SUCH LAW, OR MAY
   53  PUBLICLY SOLICIT OTHER PROPOSALS FROM PUBLIC AND/OR PRIVATE ENTITIES FOR
   54  TRANSPORTATION INFRASTRUCTURE PROJECTS AS DEFINED IN SUBDIVISION SIX  OF
   55  SECTION  FIVE  HUNDRED  OF  THE  TRANSPORTATION  LAW, SUBDIVISION ONE OF
   56  SECTION THREE HUNDRED EIGHTY-EIGHT OF THE PUBLIC AUTHORITIES LAW, SUBDI-

       A. 8487                             8

    1  VISION ONE OF SECTION TWELVE HUNDRED SEVENTY-I OF SUCH LAW  OR  SUBDIVI-
    2  SION ONE OF SECTION FIVE HUNDRED FORTY-THREE OF SUCH LAW.
    3    2.  APPROVAL  OF  BEST  VALUE  PROPOSALS.  (A) THE BOARD MAY APPROVE A
    4  PROPOSAL PRELIMINARILY ACCEPTED PURSUANT TO SECTION FIVE HUNDRED FIVE OF
    5  THE TRANSPORTATION LAW, SUBDIVISION FIVE OF SECTION THREE HUNDRED EIGHT-
    6  Y-EIGHT OF THE PUBLIC AUTHORITIES LAW, SUBDIVISION SIX OF SECTION TWELVE
    7  HUNDRED SEVENTY-I OF SUCH LAW, SUBDIVISION FIVE OF SECTION FIVE  HUNDRED
    8  FORTY-THREE  OF  SUCH  LAW,  OR ANY OTHER PROPOSAL PROPERLY SUBMITTED IN
    9  RESPONSE TO A SOLICITATION MADE PURSUANT  TO  SUBDIVISION  ONE  OF  THIS
   10  SECTION  IF  THE  BOARD  DETERMINES THAT SUCH PROPOSAL PRESENTS THE BEST
   11  VALUE AS DEFINED IN SECTION ONE HUNDRED SIXTY-THREE OF THE STATE FINANCE
   12  LAW CONSIDERING THE FOLLOWING:
   13    (I) A PUBLIC  NEED  FOR  THE  PROPOSED  TRANSPORTATION  INFRASTRUCTURE
   14  PROJECT;
   15    (II)  THE  REASONABLENESS OF ESTIMATED COSTS, BENEFITS AND LIABILITIES
   16  OF THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT;
   17    (III) THE COMPATIBILITY OF THE PROPOSED TRANSPORTATION  INFRASTRUCTURE
   18  PROJECT, AND THE SCHEDULING OF ITS DEVELOPMENT OR IMPLEMENTATION AND ITS
   19  CONNECTIONS TO OR ROLE WITHIN THE EXISTING TRANSPORTATION SYSTEM AND THE
   20  COMPATIBILITY  WITH  THE  TRANSPORTATION  PLANS  OF THE STATE AND OF ANY
   21  AFFECTED LOCAL JURISDICTIONS;
   22    (IV)  THE  FEASIBILITY  OF   THE   FINANCING   OF   THE   DEVELOPMENT,
   23  CONSTRUCTION,  IMPLEMENTATION AND/OR OPERATION OF THE PROPOSED TRANSPOR-
   24  TATION INFRASTRUCTURE PROJECT;
   25    (V) THE QUALIFICATIONS, EXPERIENCE,  AND  FINANCIAL  CAPACITY  OF  THE
   26  PUBLIC AND/OR PRIVATE ENTITY PROVIDING THE TRANSPORTATION INFRASTRUCTURE
   27  PROJECT; AND
   28    (VI) WHETHER THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT SATIS-
   29  FIES  ANY  OTHER  CRITERIA  ESTABLISHED BY THE BOARD IN THE SOLICITATION
   30  MADE PURSUANT TO SUBDIVISION ONE OF THIS SECTION.
   31    (B) THE BOARD SHALL NOT APPROVE ANY PROPOSAL UNLESS THE AGGREGATE LIFE
   32  OF PROJECT COST FOR THE TRANSPORTATION INFRASTRUCTURE  PROJECT  IS  LESS
   33  THAN THE ESTIMATE PROVIDED IN THE COST ANALYSIS MADE PURSUANT TO SECTION
   34  FIVE  HUNDRED  THREE  OF  THE  TRANSPORTATION  LAW, SUBDIVISION THREE OF
   35  SECTION THREE HUNDRED EIGHTY-EIGHT, SUBDIVISION THREE OF SECTION  TWELVE
   36  HUNDRED  SEVENTY-I  OF  SUCH  LAW  OR  SUBDIVISION THREE OF SECTION FIVE
   37  HUNDRED FORTY-THREE OF SUCH LAW.
   38    (C) THE BOARD MAY ONLY APPROVE A PROPOSAL CONTAINING THE CONVEYANCE OF
   39  ANY INTEREST IN EXCESS OF THIRTY-FIVE YEARS WITH THE AFFIRMATIVE VOTE OF
   40  A SUPER-MAJORITY AS SET  FORTH  IN  SUBDIVISION  FIVE  OF  SECTION  NINE
   41  HUNDRED THIRTY OF THIS ARTICLE.
   42    3.   APPROVAL   OF  TRANSPORTATION  INFRASTRUCTURE  AGREEMENTS.  BOARD
   43  APPROVAL SHALL BE REQUIRED OF ANY TRANSPORTATION  INFRASTRUCTURE  AGREE-
   44  MENT  TO  BE  ENTERED  INTO  PURSUANT TO SECTION FIVE HUNDRED ONE OF THE
   45  TRANSPORTATION  LAW,  SUBDIVISION   TWO   OF   SECTION   THREE   HUNDRED
   46  EIGHTY-EIGHT,  SUBDIVISION  TWO  OF SECTION TWELVE HUNDRED SEVENTY-I, OR
   47  SUBDIVISION TWO OF  SECTION  FIVE  HUNDRED  FORTY-THREE  OF  THE  PUBLIC
   48  AUTHORITIES LAW.
   49    4.  APPROVAL  OF  ACQUISITION OF ALL OR PART OF TRANSPORTATION INFRAS-
   50  TRUCTURE. BOARD APPROVAL SHALL BE REQUIRED FOR THE ACQUISITION OF ALL OR
   51  ANY PART OF ANY TRANSPORTATION INFRASTRUCTURE PURSUANT TO  SECTION  FIVE
   52  HUNDRED TEN OF THE TRANSPORTATION LAW, SUBDIVISION NINE OF SECTION THREE
   53  HUNDRED EIGHTY-EIGHT OF THE PUBLIC AUTHORITIES LAW OR SUBDIVISION TEN OF
   54  SECTION TWELVE HUNDRED SEVENTY-I OF SUCH LAW.
   55    5.  ANNUAL  REPORT. THE BOARD SHALL PREPARE AN ANNUAL REPORT AND SHALL
   56  SUBMIT SUCH REPORT ON OR BEFORE JANUARY THIRTY-FIRST OF EACH YEAR TO THE

       A. 8487                             9

    1  GOVERNOR, THE TEMPORARY PRESIDENT OF THE  SENATE,  THE  SPEAKER  OF  THE
    2  ASSEMBLY  AND  THE  CHAIRS  OF  THE  SENATE  AND ASSEMBLY TRANSPORTATION
    3  COMMITTEES. (A) THE ANNUAL REPORT SHALL INCLUDE, BUT NEED NOT BE LIMITED
    4  TO:
    5    (I)  DETAILS  OF  ANY SOLICITATION OR PRELIMINARY SOLICITATION MADE OR
    6  PREPARED DURING THE REPORTING PERIOD;
    7    (II) DETAILS OF ANY PROPOSAL  SUBMITTED  OR  ACCEPTED  PURSUANT  TO  A
    8  PUBLIC SOLICITATION DURING THE REPORTING PERIOD;
    9    (III) DETAILS ON THE PROGRESS OF ONGOING TRANSPORTATION INFRASTRUCTURE
   10  PROJECT AGREEMENT NEGOTIATIONS;
   11    (IV)  DETAILS ON ANY AMENDMENTS TO EXISTING TRANSPORTATION INFRASTRUC-
   12  TURE AGREEMENTS DURING THE REPORTING PERIOD;
   13    (V)  DETAILS  OF  ON-GOING  TRANSPORTATION  INFRASTRUCTURE   PROJECTS,
   14  INCLUDING  BUT  NOT  LIMITED  TO THE MEETING OR FAILURE TO MEET ANY TIME
   15  DEADLINES, THE ACHIEVEMENT OR FAILURE TO ACHIEVE ANY PERFORMANCE  GOALS,
   16  ANY  COST  OVERRUNS,  ANY DEFAULT AND ANY OTHER INFORMATION PERTINENT TO
   17  THE PROJECT'S ONGOING OPERATION; AND
   18    (VI) AN ACCOUNTING OF ANY REVENUES AND  EXPENDITURES  ASSOCIATED  WITH
   19  ONGOING  TRANSPORTATION  INFRASTRUCTURE  PROJECTS  DURING  THE REPORTING
   20  PERIOD.
   21    (B) THE ANNUAL REPORT MAY ADDITIONALLY INCLUDE ANY RECOMMENDATIONS FOR
   22  LEGISLATION RELATED TO TRANSPORTATION  INFRASTRUCTURE  PROJECT  DEVELOP-
   23  MENT.
   24    S 4. The public authorities law is amended by adding a new section 388
   25  to read as follows:
   26    S  388.  INNOVATIVE  INFRASTRUCTURE  DEVELOPMENT.  NOTWITHSTANDING ANY
   27  OTHER PROVISIONS OF LAW TO THE CONTRARY:
   28    1. AS USED IN THIS SECTION, UNLESS A DIFFERENT  MEANING  APPEARS  FROM
   29  THE CONTEXT, THE TERMS:
   30    (A)  "PRIVATE  ENTITY"  MEANS  ANY  ASSOCIATION,  CORPORATION, LIMITED
   31  LIABILITY COMPANY, PARTNERSHIP, FIRM,  BUSINESS  TRUST,  JOINT  VENTURE,
   32  NOT-FOR-PROFIT ENTITY, FUND OR OTHER PRIVATE BUSINESS ENTITY.
   33    (B) "PUBLIC ENTITY" MEANS THE STATE, THE FEDERAL GOVERNMENT, ANY OTHER
   34  STATE,  ANY  BI-STATE AUTHORITY OR COMMISSION, ANY MULTI-STATE AUTHORITY
   35  OR COMMISSION, ANY MULTI-NATIONAL AUTHORITY OR COMMISSION,  ANY  NATION,
   36  ANY  PROVINCE, OR ANY AGENCY, COMMISSION, PUBLIC AUTHORITY, PUBLIC BENE-
   37  FIT CORPORATION, POLITICAL SUBDIVISION OR MUNICIPALITY THEREOF,  OR  ANY
   38  OTHER GOVERNMENTAL ENTITY, OR ANY COMBINATION OF THE FOREGOING.
   39    (C)  "TRANSPORTATION  INFRASTRUCTURE"  MEANS  THE  THRUWAY  SYSTEM  AS
   40  DEFINED IN SECTION  THREE  HUNDRED  FIFTY-ONE  OF  THIS  TITLE  AND  THE
   41  PROVISIONS  FOR  THE  MOVEMENT OF PEOPLE, VEHICLES, GOODS OR INFORMATION
   42  ON, BY OR THROUGH THE USE  OF  THE  THRUWAY  SYSTEM  AND  SHALL  INCLUDE
   43  SERVICES PROVIDED PURSUANT TO TRANSPORTATION INFRASTRUCTURE AGREEMENTS.
   44    (D) "TRANSPORTATION INFRASTRUCTURE AGREEMENT" SHALL MEAN ANY AGREEMENT
   45  ENTERED  INTO  BY  THE  AUTHORITY  PURSUANT  TO  SUBDIVISION TWO OF THIS
   46  SECTION.
   47    (E) "TRANSPORTATION INFRASTRUCTURE PROJECT" SHALL MEAN  THE  PLANNING,
   48  ACQUISITION,  DESIGN, ENGINEERING, ENVIRONMENTAL ANALYSIS, CONSTRUCTION,
   49  RECONSTRUCTION, RESTORATION, REHABILITATION, ESTABLISHMENT, IMPROVEMENT,
   50  RENOVATION,  EXTENSION,  REPAIR,  MANAGEMENT,  OPERATION,   MAINTENANCE,
   51  DEVELOPMENT  AND/OR  FINANCING OF TRANSPORTATION INFRASTRUCTURE, INCLUD-
   52  ING, BUT NOT LIMITED TO, AGREEMENTS RELATING TO THE DISTRIBUTION OF FARE
   53  AND TOLL PAYMENT MEDIA AND ELECTRONIC PAYMENT DEVICES,  AND  THE  ESTAB-
   54  LISHMENT  AND COLLECTION OF USER FEES, PURSUANT TO ONE OR MORE TRANSPOR-
   55  TATION INFRASTRUCTURE AGREEMENT.

       A. 8487                            10

    1    (F) "USER FEES" MEAN THE RATES, TOLLS, FARES, RENTALS OR FEES OR OTHER
    2  CHARGES IMPOSED FOR OR ASSOCIATED WITH THE USE AND OPERATION OF ALL OR A
    3  PORTION OF TRANSPORTATION INFRASTRUCTURE PURSUANT  TO  A  TRANSPORTATION
    4  INFRASTRUCTURE AGREEMENT.
    5    (G)  "BOARD"  MEANS THE INNOVATIVE INFRASTRUCTURE DEVELOPMENT BOARD AS
    6  ESTABLISHED BY SECTION NINE HUNDRED THIRTY OF THE EXECUTIVE LAW.
    7    2. NOTWITHSTANDING THE PROVISIONS OF ANY  LAW  TO  THE  CONTRARY,  THE
    8  AUTHORITY  IS  AUTHORIZED,  AS ADDITIONAL CORPORATE PURPOSES THEREOF, TO
    9  ENTER INTO TRANSPORTATION INFRASTRUCTURE AGREEMENTS, ON SUCH  TERMS  AND
   10  CONDITIONS  AS  THE  AUTHORITY  DEEMS  APPROPRIATE  AND  SUBJECT  TO THE
   11  APPROVAL OF THE DIRECTOR OF BUDGET AND THE BOARD, AND IN ACCORDANCE WITH
   12  SECTION ONE HUNDRED TWELVE OF THE STATE FINANCE LAW, WITH PUBLIC  AND/OR
   13  PRIVATE  ENTITIES  TO  PROVIDE FOR, OR IN SUPPORT OF, OR ASSOCIATED WITH
   14  TRANSPORTATION INFRASTRUCTURE PROJECTS. IN FURTHERANCE  OF  SUCH  AGREE-
   15  MENTS, THE AUTHORITY MAY:
   16    (A)  ACCEPT  IN  ACCORDANCE  WITH THE STATE FINANCE LAW AND THE PUBLIC
   17  OFFICERS LAW, ANY APPROPRIATION, GRANT, OR OFFER OF FUNDS OR PROPERTY OR
   18  OTHER FORMS OF ASSISTANCE FOR THE PURPOSES  OF  THIS  SECTION  FROM  ANY
   19  PUBLIC AND/OR PRIVATE ENTITY AND TO COMPLY WITH THE TERMS AND CONDITIONS
   20  THEREOF;
   21    (B)  ACCEPT,  PURSUANT TO THE TERMS OF A TRANSPORTATION INFRASTRUCTURE
   22  AGREEMENT, PROPERTY OR ANY INTEREST THEREIN AND  TRANSPORTATION  INFRAS-
   23  TRUCTURE TO BE MAINTAINED AS PART OF THE THRUWAY SYSTEM. ANY SUCH INTER-
   24  EST IN TRANSPORTATION INFRASTRUCTURE SO ACQUIRED SHALL BE DEEMED TO HAVE
   25  BEEN ACQUIRED BY THE AUTHORITY OR AT THE AUTHORITY'S REQUEST PURSUANT TO
   26  THIS TITLE;
   27    (C)  UTILIZE ANY OF ITS POWERS OR AUTHORITY TO ACHIEVE THE PURPOSES OF
   28  THIS SECTION INCLUDING BUT NOT LIMITED TO  THE  POWER  TO  ISSUE  BONDS,
   29  NOTES AND OTHER OBLIGATIONS;
   30    (D)  FINANCE  ALL  OR ANY PART OF THE COSTS TO THE AUTHORITY OR TO ANY
   31  PUBLIC  AND/OR  PRIVATE  ENTITY  OF  ANY  TRANSPORTATION  INFRASTRUCTURE
   32  PROJECT, INCLUDING FINANCING THROUGH OR ACCOMPANIED BY ONE OR MORE LEAS-
   33  ES  OR  CONCESSIONS  OF  SUCH  PROJECT OR ANY PART THEREOF BY OR TO SUCH
   34  ENTITY OR ENTITIES AND/OR BY OR TO THE AUTHORITY OR ANY OF  ITS  SUBSID-
   35  IARIES OR AFFILIATES;
   36    (E)  UTILIZE  THE  AUTHORITY'S  EMINENT  DOMAIN  POWERS,  PURSUANT  TO
   37  SECTIONS THREE HUNDRED FIFTY-EIGHT AND THREE  HUNDRED  FIFTY-EIGHT-A  OF
   38  THIS  TITLE,  ON SUCH TERMS AND CONDITIONS AS THE AUTHORITY DEEMS APPRO-
   39  PRIATE, TO ACQUIRE PROPERTY REQUIRED FOR  TRANSPORTATION  INFRASTRUCTURE
   40  PROJECTS; AND
   41    (F)  PROVIDE FOR THE COLLECTION AND/OR RETENTION OF USER FEES PURSUANT
   42  TO THIS ARTICLE; PROVIDED HOWEVER THAT ANY PROVISION OF A TRANSPORTATION
   43  INFRASTRUCTURE AGREEMENT WHICH PROVIDES FOR INCREASES IN  USER  FEES  ON
   44  INFRASTRUCTURE  CURRENTLY  SUBJECT  TO  USER FEES, ESTABLISHMENT OF USER
   45  FEES IN A NEW LOCATION ON INFRASTRUCTURE CURRENTLY SUBJECT TO USER FEES,
   46  OR THE ESTABLISHMENT OF USER FEES ON NEWLY CONSTRUCTED INFRASTRUCTURE OR
   47  INFRASTRUCTURE IMPROVED TO INCREASE CAPACITY SHALL  BE  CONSISTENT  WITH
   48  THE  POWERS OF THE AUTHORITY TO ESTABLISH OR INCREASE USER FEES PURSUANT
   49  TO THIS TITLE.
   50    3. COST ANALYSIS. PRIOR TO ANY SOLICITATION OF PROPOSALS MADE PURSUANT
   51  TO SECTION NINE HUNDRED THIRTY-ONE OF THE EXECUTIVE  LAW  THE  AUTHORITY
   52  SHALL  CONDUCT  A  STUDY  AND ISSUE A REPORT WHICH SHALL DETAIL THE RISK
   53  ADJUSTED ESTIMATED LIFE OF PROJECT COST FOR THE PROPOSED  TRANSPORTATION
   54  INFRASTRUCTURE  PROJECT  WERE  THE  AUTHORITY  TO UNDERTAKE SUCH PROJECT
   55  THROUGH TRADITIONAL MEANS OF PROCUREMENT AND FINANCING.

       A. 8487                            11

    1    4. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, THE AUTHORITY
    2  IS AUTHORIZED TO PREPARE PRELIMINARY SOLICITATIONS FOR THE PROVISION  OF
    3  TRANSPORTATION  INFRASTRUCTURE  PROJECTS.  SUCH  SOLICITATIONS SHALL SET
    4  FORTH THE PROPOSED PARAMETERS OF THE PROJECT AND  SHALL  BE  SUBJECT  TO
    5  APPROVAL OF THE BOARD PURSUANT TO SECTION NINE HUNDRED THIRTY-ONE OF THE
    6  EXECUTIVE LAW.
    7    5.  (A)  AFTER  A  SOLICITATION  MADE PURSUANT TO SECTION NINE HUNDRED
    8  THIRTY-ONE OF THE EXECUTIVE LAW, THE AUTHORITY SHALL REVIEW  ALL  PROPER
    9  PROPOSALS  AND  MAY  PRELIMINARILY  ACCEPT  AND ADVANCE TO THE BOARD FOR
   10  APPROVAL THE PROPOSAL THAT IS DETERMINED BY THE AUTHORITY TO BE THE BEST
   11  VALUE AS DEFINED IN SECTION ONE HUNDRED SIXTY-THREE OF THE STATE FINANCE
   12  LAW CONSIDERING THE FOLLOWING:
   13    (I) A PUBLIC  NEED  FOR  THE  PROPOSED  TRANSPORTATION  INFRASTRUCTURE
   14  PROJECT;
   15    (II)  THE  REASONABLENESS OF ESTIMATED COSTS, BENEFITS AND LIABILITIES
   16  OF THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT;
   17    (III) THE COMPATIBILITY OF THE PROPOSED TRANSPORTATION  INFRASTRUCTURE
   18  PROJECT  AND THE SCHEDULING OF ITS DEVELOPMENT OR IMPLEMENTATION AND ITS
   19  CONNECTIONS TO OR ROLE  WITHIN  THE  EXISTING  THRUWAY  SYSTEM  AND  THE
   20  COMPATIBILITY  WITH THE TRANSPORTATION PLANS OF THE AUTHORITY AND OF ANY
   21  STATE OR LOCAL JURISDICTIONS;
   22    (IV)  THE  FEASIBILITY  OF   THE   FINANCING   OF   THE   DEVELOPMENT,
   23  CONSTRUCTION,  IMPLEMENTATION AND/OR OPERATION OF THE PROPOSED TRANSPOR-
   24  TATION INFRASTRUCTURE PROJECT;
   25    (V) THE QUALIFICATIONS, EXPERIENCE,  AND  FINANCIAL  CAPACITY  OF  THE
   26  PUBLIC AND/OR PRIVATE ENTITY PROVIDING THE TRANSPORTATION INFRASTRUCTURE
   27  PROJECT; AND
   28    (VI) WHETHER THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT SATIS-
   29  FIES ANY OTHER CRITERIA ESTABLISHED IN THE SOLICITATION MADE PURSUANT TO
   30  SECTION NINE HUNDRED THIRTY-ONE OF THE EXECUTIVE LAW.
   31    (B)  THE AUTHORITY SHALL NOT ACCEPT OR ADVANCE ANY PROPOSAL UNLESS THE
   32  AGGREGATE LIFE OF PROJECT COST  FOR  THE  TRANSPORTATION  INFRASTRUCTURE
   33  PROJECT  IS  LESS  THAN  THE ESTIMATE PROVIDED IN THE COST ANALYSIS MADE
   34  PURSUANT TO SUBDIVISION THREE OF THIS SECTION.
   35    6. (A) NOTHING IN THIS SECTION  SHALL  BE  CONSTRUED  TO  REQUIRE  THE
   36  AUTHORITY  OR  BOARD  TO  MAKE  ANY SOLICITATION, ACCEPT ANY PROPOSAL OR
   37  ENTER INTO ANY AGREEMENT WITH ANY PUBLIC AND/OR PRIVATE ENTITY.
   38    (B) NOTHING IN THIS SECTION SHALL BE DEEMED TO:  (I) LIMIT THE AUTHOR-
   39  ITY'S EXISTING POWERS AND  AUTHORITY;  (II)  REQUIRE  THE  AUTHORITY  TO
   40  ACCEPT ANY PROJECT THROUGH THE PROVISIONS OF THIS SECTION; (III) REQUIRE
   41  THE  AUTHORITY TO ENTER INTO ANY AGREEMENTS PURSUANT TO THIS SECTION; OR
   42  (IV) REQUIRE THE AUTHORITY TO TAKE ANY ACTION THAT WOULD  CONTRADICT  OR
   43  IMPAIR ANY EXISTING AUTHORITY CONTRACT OR AGREEMENT WITH ITS BONDHOLDERS
   44  OR OTHER ENTITIES.
   45    (C) NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, THE AUTHORI-
   46  TY  MAY  CONVEY  AN  INTEREST IN PROPERTY, IN WHICH THE AUTHORITY HAS AN
   47  INTEREST TO A PUBLIC AND/OR PRIVATE ENTITY PURSUANT TO THE  TERMS  OF  A
   48  TRANSPORTATION  INFRASTRUCTURE  AGREEMENT, PROVIDED HOWEVER THAT NO SUCH
   49  INTEREST SHALL BE A FEE SIMPLE ABSOLUTE AND ANY CONVEYANCE OF AN  INTER-
   50  EST IN PROPERTY IN EXCESS OF THIRTY-FIVE YEARS SHALL REQUIRE APPROVAL OF
   51  A  SUPER-MAJORITY  OF  THE  BOARD PURSUANT TO ARTICLE FORTY-THREE OF THE
   52  EXECUTIVE LAW.
   53    (D) THE AUTHORITY IS HEREBY AUTHORIZED TO  PROMULGATE  ANY  RULES  AND
   54  REGULATIONS DEEMED NECESSARY OR DESIRABLE FOR THE IMPLEMENTATION OF THIS
   55  SECTION.

       A. 8487                            12

    1    (E)  PROJECTS  UNDERTAKEN  BY  THE  AUTHORITY PURSUANT TO THIS ARTICLE
    2  SHALL BE SUBJECT TO THE REQUIREMENTS OF ARTICLE EIGHT  OF  THE  ENVIRON-
    3  MENTAL  CONSERVATION LAW, AND, WHERE APPLICABLE, THE REQUIREMENTS OF THE
    4  NATIONAL ENVIRONMENTAL POLICY ACT.
    5    7.  NOTWITHSTANDING  ANY PROVISION OF LAW TO THE CONTRARY, TRANSPORTA-
    6  TION INFRASTRUCTURE AGREEMENTS ENTERED INTO PURSUANT TO THIS SECTION MAY
    7  PROVIDE FOR:
    8    (A) THE  PLANNING,  ACQUISITION,  DESIGN,  ENGINEERING,  ENVIRONMENTAL
    9  ANALYSIS,  CONSTRUCTION,  RECONSTRUCTION,  RESTORATION,  REHABILITATION,
   10  ESTABLISHMENT, IMPROVEMENT, RENOVATION, EXTENSION,  REPAIR,  MANAGEMENT,
   11  OPERATION,  MAINTENANCE,  DEVELOPMENT AND/OR FINANCING OF TRANSPORTATION
   12  FACILITIES AND THE  PROVISION  OF  TRANSPORTATION  INFRASTRUCTURE  BY  A
   13  SINGLE  PUBLIC  OR  PRIVATE  ENTITY OR COMBINATION OF PUBLIC AND PRIVATE
   14  ENTITIES;
   15    (B) THE ALLOCATION OF RESPONSIBILITY AND TIMING FOR  SPECIFIC  PROJECT
   16  ELEMENTS,  REVENUE-SHARING ARRANGEMENTS, ALLOCATION OF FINANCIAL RESPON-
   17  SIBILITY FOR COST OVERRUNS, ALLOCATION OF DEVELOPMENT  COSTS,  INSURANCE
   18  OR  SURETY  REQUIREMENTS,  LIABILITY  FOR NON-PERFORMANCE, STANDARDS AND
   19  INCENTIVES FOR PERFORMANCE, DEFAULT,  TERMINATION,  BUY-BACK,  RENEGOTI-
   20  ATION  OR  AMENDMENT  CLAUSES,  INSPECTION CLAUSES, FINANCIAL REPORTING,
   21  ACCOUNTING AND AUDITING STANDARDS, ENVIRONMENTAL PERFORMANCE  STANDARDS,
   22  ANY OTHER RIGHTS AND DUTIES;
   23    (C)  THE  IMPOSITION  BY  THE  AUTHORITY,  OR THE ESTABLISHMENT BY THE
   24  PUBLIC AND/OR PRIVATE ENTITY WITH WHICH THE AUTHORITY CONTRACTS PURSUANT
   25  TO THIS SECTION, OF USER FEES AND THE PLEDGE OF ALL OR ANY PORTION THER-
   26  EOF IN CONNECTION WITH ANY FINANCING THEREON CONSISTENT  WITH  PARAGRAPH
   27  (F)  OF SUBDIVISION TWO OF THIS SECTION AND EXISTING CONTRACTS OR RESOL-
   28  UTIONS RELATING THERETO; AND
   29    (D) THE CROSSING OF ANY STREET, HIGHWAY, RAILROAD, CANAL OR  NAVIGABLE
   30  WATER  COURSE  OR RIGHT-OF-WAY, OR OTHER ROADWAY SO LONG AS THE CROSSING
   31  DOES NOT UNREASONABLY INTERFERE WITH THE REASONABLE USE THEREOF.
   32    8. ANY AUTHORITY REVENUES DERIVED FROM ANY LEASE, CONCESSION OR  OTHER
   33  FINANCING  STRUCTURE  PURSUANT TO A TRANSPORTATION INFRASTRUCTURE AGREE-
   34  MENT MAY ONLY BE USED FOR THE PURPOSE OF THE DEVELOPMENT OF  TRANSPORTA-
   35  TION INFRASTRUCTURE.
   36    9. IN THE EVENT A PUBLIC OR PRIVATE ENTITY DEFAULTS ON ITS OBLIGATIONS
   37  UNDER A TRANSPORTATION INFRASTRUCTURE AGREEMENT ENTERED INTO PURSUANT TO
   38  SUBDIVISION  TWO  OF  THIS SECTION, THE AUTHORITY WITH BOARD APPROVAL IS
   39  HEREBY AUTHORIZED BUT NOT REQUIRED TO ACQUIRE ALL OR ANY PORTION OF  ANY
   40  TRANSPORTATION  INFRASTRUCTURE  CONSTRUCTED  OR  UNDER  CONSTRUCTION  OR
   41  DEVELOPMENT BY OR IN CONJUNCTION WITH SUCH  PUBLIC  OR  PRIVATE  ENTITY,
   42  WITH  ANY  DAMAGES SUFFERED TO THE AUTHORITY AS A RESULT OF SUCH DEFAULT
   43  BEING AN OFFSET TO THE COMPENSATION PROVIDED FOR THE ACQUISITION OF  THE
   44  TRANSPORTATION  INFRASTRUCTURE.  THE  AUTHORITY  MAY  ALSO TERMINATE THE
   45  TRANSPORTATION INFRASTRUCTURE AGREEMENT AND EXERCISE ANY OTHER RIGHTS OR
   46  REMEDIES WHICH MAY BE AVAILABLE TO IT AT LAW OR IN EQUITY. IN THE  EVENT
   47  OF  SUCH  ACQUISITION  AND  NOTWITHSTANDING  ANY PROVISION OF LAW TO THE
   48  CONTRARY, THE AUTHORITY IS HEREBY AUTHORIZED, BUT NOT REQUIRED, TO OPER-
   49  ATE AND MAINTAIN THE TRANSPORTATION INFRASTRUCTURE, INCLUDING THE  IMPO-
   50  SITION AND COLLECTION OF APPLICABLE USER FEES.
   51    10. NOTWITHSTANDING ANY PROVISIONS OF LAW TO THE CONTRARY, THE AUTHOR-
   52  ITY, THROUGH TRANSPORTATION INFRASTRUCTURE AGREEMENTS MAY:
   53    (A) TAKE ANY ACTION TO OBTAIN FEDERAL, STATE OR LOCAL ASSISTANCE FOR A
   54  TRANSPORTATION  INFRASTRUCTURE PROJECT THAT SERVES THE PUBLIC PURPOSE OF
   55  THIS CHAPTER AND MAY ENTER INTO ANY CONTRACTS REQUIRED TO  RECEIVE  SUCH
   56  FEDERAL ASSISTANCE. THE AUTHORITY MAY USE SUCH ASSISTANCE FOR THE IMPLE-

       A. 8487                            13

    1  MENTATION  OF  THE TRANSPORTATION INFRASTRUCTURE AGREEMENTS ENTERED INTO
    2  PURSUANT TO SUBDIVISION TWO OF THIS SECTION; AND
    3    (B) AGREE TO MAKE GRANTS OR LOANS OR OTHER FORMS OF ASSISTANCE FOR THE
    4  DEVELOPMENT   AND/OR  OPERATION  OF  THE  TRANSPORTATION  INFRASTRUCTURE
    5  PROJECT FROM TIME TO TIME FROM AMOUNTS RECEIVED FROM THE FEDERAL, STATE,
    6  OR LOCAL GOVERNMENT, OR ANY AGENCY OR INSTRUMENTALITY THEREOF.
    7    11. NOTHING IN THIS SECTION  OR  IN  A  TRANSPORTATION  INFRASTRUCTURE
    8  AGREEMENT  ENTERED  INTO  PURSUANT  TO  THIS  SECTION SHALL BE DEEMED TO
    9  ENLARGE, DIMINISH OR AFFECT THE AUTHORITY, IF ANY,  OTHERWISE  POSSESSED
   10  BY  THE  AUTHORITY TO TAKE ACTION THAT WOULD IMPACT THE DEBT CAPACITY OF
   11  THE STATE OR ANY OTHER PUBLIC ENTITY.
   12    12. NOTWITHSTANDING ANY PROVISIONS OF LAW TO THE CONTRARY:
   13    (A) THE PRIVATE ENTITY SHALL HAVE ALL POWER ALLOWED BY  LAW  GENERALLY
   14  TO  A PRIVATE ENTITY HAVING THE SAME FORM OF ORGANIZATION AS THE PRIVATE
   15  ENTITY AND SHALL HAVE THE POWER TO DEVELOP AND/OR OPERATE THE  TRANSPOR-
   16  TATION  INFRASTRUCTURE AND IMPOSE USER FEES PURSUANT TO A TRANSPORTATION
   17  INFRASTRUCTURE AGREEMENT CONSISTENT WITH PARAGRAPH  (F)  OF  SUBDIVISION
   18  TWO  OF THIS SECTION AND/OR ENTER INTO SERVICE CONTRACTS OR OTHER AGREE-
   19  MENTS IN CONNECTION WITH THE USE THEREOF.
   20    (B) THE PRIVATE ENTITY MAY LEASE OR ACQUIRE ANY OTHER RIGHT TO USE  OR
   21  DEVELOP AND/OR OPERATE THE TRANSPORTATION INFRASTRUCTURE CONSISTENT WITH
   22  PARAGRAPH (C) OF SUBDIVISION SIX OF THIS SECTION; AND
   23    (C) IN OPERATING THE TRANSPORTATION INFRASTRUCTURE, THE PRIVATE ENTITY
   24  MAY  PURSUANT  TO A TRANSPORTATION INFRASTRUCTURE AGREEMENT MAKE CLASSI-
   25  FICATIONS ACCORDING TO REASONABLE CATEGORIES FOR ASSESSMENT OF USER FEES
   26  PROVIDED SUCH PRIVATE ENTITY GETS NECESSARY APPROVAL IN ACCORDANCE  WITH
   27  THE TERMS OF THE TRANSPORTATION INFRASTRUCTURE AGREEMENT.
   28    13.  ANY  REQUEST  FOR  PROPOSAL OR AGREEMENT ENTERED PURSUANT TO THIS
   29  SECTION SHALL MAKE PROVISION FOR THE PROTECTION OF INTERESTS AND  RIGHTS
   30  IN  INTELLECTUAL  PROPERTY  AND  TRADE SECRETS AND INFORMATION OTHERWISE
   31  PROTECTED BY STATE OR FEDERAL LAW.
   32    14. IF ANY CLAUSE OR PROVISION OF THIS SECTION SHALL BE DETERMINED  TO
   33  BE UNCONSTITUTIONAL OR BE INEFFECTIVE IN WHOLE OR IN PART, TO THE EXTENT
   34  THAT  IT  IS  NOT UNCONSTITUTIONAL OR INEFFECTIVE, IT SHALL BE VALID AND
   35  EFFECTIVE AND NO OTHER CLAUSE OR PROVISION SHALL, ON ACCOUNT THEREOF, BE
   36  DEEMED INVALID OR INEFFECTIVE.
   37    S 5. The public authorities law is amended by  adding  a  new  section
   38  1270-i to read as follows:
   39    S  1270-I. INNOVATIVE INFRASTRUCTURE DEVELOPMENT.  NOTWITHSTANDING ANY
   40  OTHER PROVISIONS OF LAW TO THE CONTRARY:
   41    1. AS USED IN THIS SECTION, UNLESS A DIFFERENT  MEANING  APPEARS  FROM
   42  THE CONTEXT, THE TERMS:
   43    (A)  "PRIVATE  ENTITY"  MEANS  ANY  ASSOCIATION,  CORPORATION, LIMITED
   44  LIABILITY COMPANY, PARTNERSHIP, FIRM,  BUSINESS  TRUST,  JOINT  VENTURE,
   45  NOT-FOR-PROFIT ENTITY, FUND OR OTHER PRIVATE BUSINESS ENTITY;
   46    (B) "PUBLIC ENTITY" MEANS THE STATE, THE FEDERAL GOVERNMENT, ANY OTHER
   47  STATE,  ANY  BI-STATE AUTHORITY OR COMMISSION, ANY MULTI-STATE AUTHORITY
   48  OR COMMISSION, MULTI-NATIONAL AUTHORITY OR COMMISSION, ANY  NATION,  ANY
   49  PROVINCE,  OR  ANY  AGENCY, COMMISSION, PUBLIC AUTHORITY, PUBLIC BENEFIT
   50  CORPORATION, POLITICAL SUBDIVISION OR MUNICIPALITY THEREOF, OR ANY OTHER
   51  GOVERNMENTAL ENTITY, OR ANY COMBINATION OF ANY OF THE FOREGOING;
   52    (C) "TRANSPORTATION  INFRASTRUCTURE"  SHALL  MEAN  ANY  TRANSPORTATION
   53  FACILITY AS SET FORTH IN SUBDIVISION SEVENTEEN OF SECTION TWELVE HUNDRED
   54  SIXTY-ONE  OF  THIS  TITLE  AND  SHALL INCLUDE, IN ADDITION, ANY PROJECT
   55  AUTHORIZED BY SUBDIVISION NINE OF SECTION FIVE  HUNDRED  FIFTY-THREE  OF
   56  THIS  CHAPTER  AND  ANY RELATED SERVICES, INCLUDING, BUT NOT LIMITED TO,

       A. 8487                            14

    1  THE PROVISIONS FOR THE MOVEMENT OF PEOPLE, VEHICLES, GOODS  OR  INFORMA-
    2  TION ON, BY OR THROUGH THE USE OF TRANSPORTATION FACILITIES AS SET FORTH
    3  IN  SUBDIVISION  SEVENTEEN  OF  SECTION TWELVE HUNDRED SIXTY-ONE OF THIS
    4  TITLE  OR  ANY  PROJECT  AUTHORIZED  BY SUBDIVISION NINE OF SECTION FIVE
    5  HUNDRED FIFTY-THREE OF THIS CHAPTER, AND SHALL INCLUDE SERVICES PROVIDED
    6  PURSUANT TO TRANSPORTATION INFRASTRUCTURE AGREEMENTS;
    7    (D) "TRANSPORTATION INFRASTRUCTURE AGREEMENT" SHALL MEAN ANY AGREEMENT
    8  ENTERED INTO BY THE  AUTHORITY  PURSUANT  TO  SUBDIVISION  TWO  OF  THIS
    9  SECTION;
   10    (E)  "TRANSPORTATION  INFRASTRUCTURE PROJECT" SHALL MEAN THE PLANNING,
   11  ACQUISITION, DESIGN, ENGINEERING, ENVIRONMENTAL ANALYSIS,  CONSTRUCTION,
   12  RECONSTRUCTION, RESTORATION, REHABILITATION, ESTABLISHMENT, IMPROVEMENT,
   13  RENOVATION,   EXTENSION,  REPAIR,  MANAGEMENT,  OPERATION,  MAINTENANCE,
   14  DEVELOPMENT AND/OR FINANCING OF TRANSPORTATION INFRASTRUCTURE INCLUDING,
   15  BUT NOT LIMITED TO, AGREEMENTS RELATING TO THE DISTRIBUTION OF FARE  AND
   16  TOLL  PAYMENT  MEDIA  AND  ELECTRONIC  PAYMENT DEVICES, AND THE SETTING,
   17  COLLECTION AND SETTLEMENT OF USER FEES PURSUANT TO ONE OR MORE TRANSPOR-
   18  TATION INFRASTRUCTURE AGREEMENTS;
   19    (F) "USER FEES" MEANS THE RATES, TOLLS, FARES, RENTALS, FEES OR  OTHER
   20  CHARGES IMPOSED FOR OR ASSOCIATED WITH THE USE AND OPERATION OF ALL OR A
   21  PORTION  OF TRANSPORTATION INFRASTRUCTURE PURSUANT TO THE TRANSPORTATION
   22  INFRASTRUCTURE AGREEMENT; AND
   23    (G) "BOARD" MEANS THE INNOVATIVE INFRASTRUCTURE DEVELOPMENT  BOARD  AS
   24  ESTABLISHED BY SECTION NINE HUNDRED THIRTY OF THE EXECUTIVE LAW.
   25    2.  NOTWITHSTANDING  THE  PROVISIONS  OF  ANY LAW TO THE CONTRARY, THE
   26  AUTHORITY IS AUTHORIZED, IN ADDITION TO ITS OTHER RIGHTS AND POWERS  NOT
   27  INCONSISTENT  WITH  THE  PROVISIONS OF THIS SECTION, ON BEHALF OF ITSELF
   28  AND/OR ANY OF ITS SUBSIDIARIES AND AFFILIATES, TO ENTER INTO TRANSPORTA-
   29  TION INFRASTRUCTURE AGREEMENTS, ON SUCH  TERMS  AND  CONDITIONS  AS  THE
   30  AUTHORITY DEEMS APPROPRIATE, AND SUBJECT TO THE APPROVAL OF THE DIRECTOR
   31  OF  BUDGET  AND  THE  BOARD  AND  IN ACCORDANCE WITH SECTION ONE HUNDRED
   32  TWELVE OF THE STATE FINANCE LAW, WITH PUBLIC AND/OR PRIVATE ENTITIES  TO
   33  PROVIDE FOR, OR IN SUPPORT OF, OR ASSOCIATED WITH TRANSPORTATION INFRAS-
   34  TRUCTURE  PROJECTS.    IN  FURTHERANCE OF SUCH AGREEMENTS, THE AUTHORITY
   35  MAY:
   36    (A) ACCEPT IN ACCORDANCE WITH THE STATE FINANCE  LAW  AND  THE  PUBLIC
   37  OFFICERS  LAW, ANY APPROPRIATION, GRANT OR OFFER OF FUNDS OR PROPERTY OR
   38  OTHER FORMS OF ASSISTANCE FOR THE PURPOSES  OF  THIS  ARTICLE  FROM  ANY
   39  PUBLIC  AND/OR  PRIVATE  ENTITY AND COMPLY WITH THE TERMS AND CONDITIONS
   40  THEREOF;
   41    (B) ACCEPT, PURSUANT TO THE TERMS OF A  TRANSPORTATION  INFRASTRUCTURE
   42  AGREEMENT,  ANY  PROPERTY  (OR ANY INTEREST THEREIN), INCLUDING, BUT NOT
   43  LIMITED TO, ANY SUCH INTERESTS IN TRANSPORTATION INFRASTRUCTURE AND  ANY
   44  PROPERTY  TRANSFERRED  FROM  THE  CITY  OF NEW YORK, ACTING BY ITS MAYOR
   45  ALONE, NEEDED OR USEFUL FOR OR IN  CONNECTION  WITH  ANY  TRANSPORTATION
   46  INFRASTRUCTURE PROJECT;
   47    (C)  ISSUE ITS NOTES OR BONDS, INCLUDING NOTES AND BONDS ISSUED PURSU-
   48  ANT TO SECTION TWELVE HUNDRED SEVENTY-D OF THIS TITLE, TO FINANCE ALL OR
   49  ANY PART OF THE COSTS OF ANY TRANSPORTATION INFRASTRUCTURE PROJECT;
   50    (D) FINANCE ALL OR ANY PART OF THE COSTS TO THE AUTHORITY  OR  TO  ANY
   51  PUBLIC  AND/OR  PRIVATE  ENTITY  OF  ANY  TRANSPORTATION  INFRASTRUCTURE
   52  PROJECT, INCLUDING FINANCING THROUGH OR ACCOMPANIED BY ONE OR MORE LEAS-
   53  ES OR CONCESSIONS OF SUCH PROJECT OR ANY PART  THEREOF  BY  OR  TO  SUCH
   54  ENTITY  OR  ENTITIES AND/OR BY OR TO THE AUTHORITY OR ANY OF ITS SUBSID-
   55  IARIES OR AFFILIATES;

       A. 8487                            15

    1    (E) UTILIZE ANY OF ITS POWERS OR AUTHORITY OR THE POWER AND  AUTHORITY
    2  OF ANY OF ITS SUBSIDIARIES AND AFFILIATES IN FURTHERANCE OF THE PURPOSES
    3  OF THIS SECTION;
    4    (F)  UTILIZE  THE  AUTHORITY'S  EMINENT DOMAIN POWERS, PURSUANT TO THE
    5  EMINENT DOMAIN PROCEDURE LAW,  ON  SUCH  TERMS  AND  CONDITIONS  AS  THE
    6  AUTHORITY  DEEMS APPROPRIATE, TO ACQUIRE PROPERTY REQUIRED FOR TRANSPOR-
    7  TATION INFRASTRUCTURE PROJECTS; AND
    8    (G) PROVIDE FOR THE COLLECTION AND/OR RETENTION OF USER FEES  PURSUANT
    9  TO THIS ARTICLE; PROVIDED HOWEVER THAT ANY PROVISION OF A TRANSPORTATION
   10  INFRASTRUCTURE  AGREEMENT  WHICH  PROVIDES FOR INCREASES IN USER FEES ON
   11  INFRASTRUCTURE CURRENTLY SUBJECT TO USER  FEES,  ESTABLISHMENT  OF  USER
   12  FEES IN A NEW LOCATION ON INFRASTRUCTURE CURRENTLY SUBJECT TO USER FEES,
   13  OR THE ESTABLISHMENT OF USER FEES ON NEWLY CONSTRUCTED INFRASTRUCTURE OR
   14  INFRASTRUCTURE  IMPROVED  TO  INCREASE CAPACITY SHALL BE CONSISTENT WITH
   15  THE POWERS OF THE AUTHORITY TO ESTABLISH OR INCREASE USER FEES  PURSUANT
   16  TO THIS TITLE.
   17    3. COST ANALYSIS. PRIOR TO ANY SOLICITATION OF PROPOSALS MADE PURSUANT
   18  TO  SECTION  NINE HUNDRED THIRTY-ONE OF THE EXECUTIVE LAW, THE AUTHORITY
   19  SHALL CONDUCT A STUDY AND ISSUE A REPORT WHICH  SHALL  DETAIL  THE  RISK
   20  ADJUSTED  ESTIMATED LIFE OF PROJECT COST FOR THE PROPOSED TRANSPORTATION
   21  INFRASTRUCTURE PROJECT WERE THE DEPARTMENT  TO  UNDERTAKE  SUCH  PROJECT
   22  THROUGH TRADITIONAL MEANS OF PROCUREMENT AND FINANCING.
   23    4. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, THE AUTHORITY
   24  IS  AUTHORIZED TO PREPARE PRELIMINARY SOLICITATIONS FOR THE PROVISION OF
   25  TRANSPORTATION INFRASTRUCTURE PROJECTS.  SUCH  SOLICITATIONS  SHALL  SET
   26  FORTH  THE  PROPOSED  PARAMETERS  OF THE PROJECT AND SHALL BE SUBJECT TO
   27  APPROVAL OF THE BOARD PURSUANT TO SECTION NINE HUNDRED THIRTY-ONE OF THE
   28  EXECUTIVE LAW.
   29    5. FOR ANY PART OF A  TRANSPORTATION  INFRASTRUCTURE  PROJECT  LOCATED
   30  WITHIN  THE  CITY  OF  NEW  YORK,  NEITHER THE PROVISIONS OF SECTION ONE
   31  HUNDRED NINETY-SEVEN-C OF THE NEW  YORK  CITY  CHARTER,  RELATING  TO  A
   32  UNIFORM LAND USE REVIEW PROCEDURE, NOR THE PROVISIONS OF ANY OTHER LOCAL
   33  LAW  OF  THE  CITY  OF NEW YORK OF LIKE OR SIMILAR TENOR OR IMPORT SHALL
   34  APPLY TO THE ACQUISITION OF ANY REAL PROPERTY (OR ANY INTEREST  THEREIN)
   35  FOR  THE  PURPOSES  OF  ANY TRANSPORTATION INFRASTRUCTURE PROJECT BY THE
   36  AUTHORITY OR ITS DESIGNEE THEN OWNED BY THE CITY NOR TO THE TRANSFER  TO
   37  THE  AUTHORITY  OR  ITS  DESIGNEE FOR SUCH PURPOSES OF THE RIGHT OF USE,
   38  OCCUPANCY, CONTROL OR POSSESSION OF ANY REAL PROPERTY (OR INTEREST THER-
   39  EIN), WHETHER  PRESENTLY  OWNED  OR  HEREAFTER  ACQUIRED  BY  THE  CITY;
   40  PROVIDED  IN  EACH  SUCH  CASE,  HOWEVER,  THAT  IF  AT THE TIME OF SUCH
   41  PROPOSED ACQUISITION OR TRANSFER THE REAL PROPERTY WHICH IS THE  SUBJECT
   42  OF SUCH ACQUISITION OR TRANSFER IS NOT THEN BEING UTILIZED FOR A TRANSIT
   43  OR  TRANSPORTATION  PURPOSE  OR IS NOT AN INSUBSTANTIAL ADDITION TO SUCH
   44  PROPERTY CONTIGUOUS THERETO;
   45    (A) THE AUTHORITY SHALL, UNLESS A  SUBMISSION  WITH  RESPECT  TO  SUCH
   46  PROPERTY  HAS  PREVIOUSLY  BEEN  MADE  AND  APPROVED AS HEREIN PROVIDED,
   47  SUBMIT TO THE COMMUNITY BOARD FOR THE COMMUNITY DISTRICT IN  WHICH  SUCH
   48  PROPERTY IS LOCATED, DATA WITH RESPECT TO THE PROPOSED USE OF SUCH PROP-
   49  ERTY AND TO THE DESIGN OF ANY FACILITY PROPOSED TO BE CONSTRUCTED THERE-
   50  ON;
   51    (B)  SUCH COMMUNITY BOARD SHALL INFORM THE CITY COUNCIL OF THE CITY OF
   52  NEW YORK, WITH COPIES TO THE CITY PLANNING COMMISSION OF THE CITY OF NEW
   53  YORK AND THE AUTHORITY, OF ITS VIEWS AND  RECOMMENDATIONS  WITH  RESPECT
   54  THERETO  WITHIN FORTY-FIVE DAYS OF SUCH SUBMISSION, AND IF THE COMMUNITY
   55  BOARD SHALL FAIL TO SO INFORM THE CITY COUNCIL  WITHIN  SUCH  PERIOD  IT
   56  SHALL BE DEEMED TO HAVE RECOMMENDED THE PROPOSAL; AND

       A. 8487                            16

    1    (C)  THE CITY COUNCIL SHALL, WITHIN FORTY-FIVE DAYS OF THE RECOMMENDA-
    2  TION OF THE COMMUNITY BOARD, APPROVE OR DISAPPROVE SUCH  ACQUISITION  OR
    3  TRANSFER,  AND  IF THE CITY COUNCIL SHALL FAIL TO ACT WITHIN SUCH PERIOD
    4  IT SHALL BE DEEMED TO HAVE APPROVED THE SAME.
    5    (D)  EACH TRANSPORTATION INFRASTRUCTURE PROJECT SHALL BE CONSIDERED TO
    6  BE A FACILITY, OPERATION OR PROPERTY OF THE AUTHORITY  FOR  PURPOSES  OF
    7  ALL  OF THE PROVISIONS OF THIS TITLE, INCLUDING, BUT NOT LIMITED TO, THE
    8  SPECIAL TREATMENT OF SUCH FACILITIES, OPERATIONS  AND  PROPERTIES  UNDER
    9  SUBDIVISIONS   EIGHT,  ELEVEN  AND  TWELVE  OF  SECTION  TWELVE  HUNDRED
   10  SIXTY-SIX OF THIS TITLE AND THE EXEMPTIONS SET FORTH IN  SECTION  TWELVE
   11  HUNDRED  SEVENTY-FIVE  OF  THIS  TITLE.  A TRANSPORTATION INFRASTRUCTURE
   12  PROJECT SHALL NOT BE CONSIDERED A TRANSIT PROJECT FOR PURPOSES  OF  THIS
   13  TITLE.
   14    6.  (A)  AFTER  A  SOLICITATION  MADE PURSUANT TO SECTION NINE HUNDRED
   15  THIRTY-ONE OF THE EXECUTIVE LAW, THE AUTHORITY SHALL REVIEW  ALL  PROPER
   16  PROPOSALS  AND  MAY  PRELIMINARILY  ACCEPT  AND ADVANCE TO THE BOARD FOR
   17  APPROVAL THE PROPOSAL THAT IS DETERMINED BY THE AUTHORITY TO BE THE BEST
   18  VALUE AS DEFINED IN SECTION ONE HUNDRED SIXTY-THREE OF THE STATE FINANCE
   19  LAW, CONSIDERING THE FOLLOWING:
   20    (I) A PUBLIC  NEED  FOR  THE  PROPOSED  TRANSPORTATION  INFRASTRUCTURE
   21  PROJECT;
   22    (II)  THE  REASONABLENESS OF ESTIMATED COSTS, BENEFITS AND LIABILITIES
   23  OF THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT;
   24    (III) THE COMPATIBILITY OF THE PROPOSED TRANSPORTATION  INFRASTRUCTURE
   25  PROJECT  AND THE SCHEDULING OF ITS DEVELOPMENT OR IMPLEMENTATION AND ITS
   26  CONNECTIONS TO OR ROLE WITHIN THE EXISTING TRANSPORTATION SYSTEM AND THE
   27  COMPATIBILITY WITH THE TRANSPORTATION PLANS OF THE AUTHORITY AND OF  ANY
   28  STATE OR LOCAL JURISDICTIONS;
   29    (IV)   THE   FEASIBILITY   OF   THE   FINANCING  OF  THE  DEVELOPMENT,
   30  CONSTRUCTION, IMPLEMENTATION AND/OR OPERATION OF THE PROPOSED  TRANSPOR-
   31  TATION INFRASTRUCTURE PROJECT;
   32    (V)  THE  QUALIFICATIONS,  EXPERIENCE,  AND  FINANCIAL CAPACITY OF THE
   33  PUBLIC AND/OR PRIVATE ENTITY PROVIDING THE TRANSPORTATION INFRASTRUCTURE
   34  PROJECT; AND
   35    (VI) WHETHER THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT SATIS-
   36  FIES ANY OTHER CRITERIA ESTABLISHED IN THE SOLICITATION MADE PURSUANT TO
   37  SECTION NINE HUNDRED THIRTY-ONE OF THE EXECUTIVE LAW.
   38    (B) THE AUTHORITY SHALL NOT ACCEPT OR ADVANCE ANY PROPOSAL UNLESS  THE
   39  AGGREGATE  LIFE  OF  PROJECT  COST FOR THE TRANSPORTATION INFRASTRUCTURE
   40  PROJECT IS LESS THAN THE ESTIMATE PROVIDED IN  THE  COST  ANALYSIS  MADE
   41  PURSUANT TO SUBDIVISION THREE OF THIS SECTION.
   42    7.  (A)  NOTHING  IN  THIS  SECTION  SHALL BE CONSTRUED TO REQUIRE THE
   43  AUTHORITY OR BOARD TO ACCEPT ANY  PROPOSAL,  MAKE  ANY  SOLICITATION  OR
   44  REQUEST  FOR COMPETITIVE PROPOSALS, OR ENTER INTO ANY AGREEMENT WITH ANY
   45  PUBLIC AND/OR PRIVATE ENTITY.
   46    (B) NOTHING IN THIS SECTION SHALL BE DEEMED TO:
   47    (1) SUPERSEDE OR LIMIT THE APPLICABILITY OF THE  AUTHORITY'S  EXISTING
   48  POWERS AND AUTHORITY;
   49    (2) REQUIRE THE AUTHORITY TO ACCEPT ANY PROJECT THROUGH THE PROVISIONS
   50  OF THIS SECTION;
   51    (3) REQUIRE THE AUTHORITY TO ENTER INTO ANY AGREEMENTS HEREUNDER; OR
   52    (4)  REQUIRE THE AUTHORITY TO TAKE ANY ACTION THAT WOULD CONTRADICT OR
   53  IMPACT AN EXISTING AUTHORITY CONTRACT OR AGREEMENT WITH ITS BONDHOLDERS.
   54    (C) NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, THE AUTHORI-
   55  TY MAY CONVEY AN INTEREST IN PROPERTY, IN WHICH THE AUTHORITY OR ANY  OF
   56  ITS  AFFILIATES  OR  SUBSIDIARIES  HAS  AN  INTEREST  TO A PUBLIC AND/OR

       A. 8487                            17

    1  PRIVATE ENTITY PURSUANT TO THE TERMS OF A TRANSPORTATION  INFRASTRUCTURE
    2  AGREEMENT,  PROVIDED HOWEVER THAT NO SUCH INTEREST SHALL BE A FEE SIMPLE
    3  ABSOLUTE AND ANY CONVEYANCE OF AN INTEREST  IN  PROPERTY  IN  EXCESS  OF
    4  THIRTY-FIVE  YEARS  SHALL  REQUIRE  APPROVAL  OF A SUPER-MAJORITY OF THE
    5  BOARD.
    6    (D) THE AUTHORITY IS HEREBY AUTHORIZED TO  PROMULGATE  ANY  RULES  AND
    7  REGULATIONS DEEMED NECESSARY OR DESIRABLE FOR THE IMPLEMENTATION OF THIS
    8  SECTION.
    9    8.  NOTWITHSTANDING  ANY PROVISION OF LAW TO THE CONTRARY, TRANSPORTA-
   10  TION INFRASTRUCTURE AGREEMENTS ENTERED INTO PURSUANT TO THIS SECTION MAY
   11  PROVIDE FOR:
   12    (A) THE  PLANNING,  ACQUISITION,  DESIGN,  ENGINEERING,  ENVIRONMENTAL
   13  ANALYSIS,  CONSTRUCTION,  RECONSTRUCTION,  RESTORATION,  REHABILITATION,
   14  ESTABLISHMENT, IMPROVEMENT, RENOVATION, EXTENSION,  REPAIR,  MANAGEMENT,
   15  OPERATION,  MAINTENANCE,  DEVELOPMENT AND/OR FINANCING OF TRANSPORTATION
   16  INFRASTRUCTURE PROJECTS BY A SINGLE PUBLIC OR PRIVATE ENTITY OR COMBINA-
   17  TION OF PUBLIC AND PRIVATE ENTITIES;
   18    (B) THE ALLOCATION OF RESPONSIBILITY AND TIMING FOR  SPECIFIC  PROJECT
   19  ELEMENTS,  REVENUE-SHARING ARRANGEMENTS, ALLOCATION OF FINANCIAL RESPON-
   20  SIBILITY FOR COST OVERRUNS, ALLOCATION OF DEVELOPMENT  COSTS,  INSURANCE
   21  OR  SURETY  REQUIREMENTS,  LIABILITY  FOR NON-PERFORMANCE, STANDARDS AND
   22  INCENTIVES FOR PERFORMANCE, DEFAULT,  TERMINATION,  BUY-BACK,  RENEGOTI-
   23  ATION  OR  AMENDMENT  CLAUSES,  INSPECTION CLAUSES, FINANCIAL REPORTING,
   24  ACCOUNTING AND AUDITING STANDARDS, ENVIRONMENTAL PERFORMANCE  STANDARDS,
   25  ANY OTHER RIGHTS AND DUTIES;
   26    (C) THE ESTABLISHMENT, LEVY AND COLLECTION OF USER FEES AND THE PLEDGE
   27  OF  ALL  OR ANY PORTION THEREOF IN CONNECTION WITH ANY FINANCING THEREON
   28  CONSISTENT WITH PARAGRAPH (G) OF SUBDIVISION TWO  OF  THIS  SECTION  AND
   29  EXISTING  CONTRACTS OR RESOLUTIONS RELATING THERETO AS THE AUTHORITY MAY
   30  DEEM NECESSARY, CONVENIENT OR DESIRABLE; AND
   31    (D) THE CROSSING OF ANY STREET, HIGHWAY,  RAILROAD,  CANAL,  NAVIGABLE
   32  WATER  COURSE  OR RIGHT-OF-WAY, OR OTHER ROADWAY SO LONG AS THE CROSSING
   33  DOES NOT UNREASONABLY INTERFERE WITH THE REASONABLE USE THEREOF.
   34    9. ANY AUTHORITY REVENUES DERIVED FROM ANY LEASE, CONCESSION OR  OTHER
   35  FINANCING  STRUCTURE  PURSUANT TO A TRANSPORTATION INFRASTRUCTURE AGREE-
   36  MENT MAY ONLY BE USED FOR THE PURPOSE OF IN THE DEVELOPMENT OF TRANSPOR-
   37  TATION INFRASTRUCTURE.
   38    10. IN THE EVENT A PUBLIC OR PRIVATE  ENTITY  DEFAULTS  ON  ITS  OBLI-
   39  GATIONS  UNDER  A TRANSPORTATION INFRASTRUCTURE AGREEMENT, THE AUTHORITY
   40  WITH BOARD APPROVAL IS HEREBY AUTHORIZED BUT NOT REQUIRED TO ACQUIRE ALL
   41  OR ANY PORTION OF ANY TRANSPORTATION INFRASTRUCTURE PROJECT  CONSTRUCTED
   42  BY  OR  IN  CONJUNCTION  WITH  SUCH  PUBLIC  OR PRIVATE ENTITY, WITH ANY
   43  DAMAGES SUFFERED TO THE AUTHORITY AS A RESULT OF SUCH DEFAULT  BEING  AN
   44  OFFSET TO THE COMPENSATION PROVIDED FOR THE ACQUISITION OF THE TRANSPOR-
   45  TATION  INFRASTRUCTURE  PROJECT.  THE  AUTHORITY  MAY ALSO TERMINATE THE
   46  TRANSPORTATION INFRASTRUCTURE AGREEMENT AND EXERCISE ANY OTHER RIGHTS OR
   47  REMEDIES WHICH MAY BE AVAILABLE TO IT AT LAW OR IN EQUITY. IN THE  EVENT
   48  OF  SUCH  ACQUISITION  AND  NOTWITHSTANDING  ANY PROVISION OF LAW TO THE
   49  CONTRARY, THE AUTHORITY IS HEREBY AUTHORIZED, BUT NOT REQUIRED, TO OPER-
   50  ATE AND MAINTAIN THE TRANSPORTATION INFRASTRUCTURE INCLUDING THE IMPOSI-
   51  TION AND COLLECTION OF APPLICABLE USER FEES.
   52    11. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY,  THE  PUBLIC
   53  ENTITY,  THROUGH  TRANSPORTATION  INFRASTRUCTURE AGREEMENTS ENTERED INTO
   54  PURSUANT TO SUBDIVISION TWO OF THIS SECTION, MAY:
   55    (A) TAKE ANY ACTION TO OBTAIN FEDERAL, STATE OR LOCAL ASSISTANCE FOR A
   56  TRANSPORTATION INFRASTRUCTURE PROJECT THAT SERVES THE PUBLIC PURPOSE  OF

       A. 8487                            18

    1  THIS  SECTION  AND MAY ENTER INTO ANY CONTRACTS REQUIRED TO RECEIVE SUCH
    2  FEDERAL ASSISTANCE; AND
    3    (B) AGREE TO MAKE GRANTS OR LOANS OR OTHER FORMS OF ASSISTANCE FOR THE
    4  DEVELOPMENT   AND/OR  OPERATION  OF  THE  TRANSPORTATION  INFRASTRUCTURE
    5  PROJECT FROM TIME TO TIME FROM AMOUNTS RECEIVED FROM THE FEDERAL, STATE,
    6  OR LOCAL GOVERNMENT, OR ANY AGENCY OR INSTRUMENTALITY THEREOF.
    7    12. NOTHING IN THIS SECTION  OR  IN  A  TRANSPORTATION  INFRASTRUCTURE
    8  AGREEMENT  ENTERED  INTO  PURSUANT  TO  THIS  SECTION SHALL BE DEEMED TO
    9  ENLARGE, DIMINISH OR AFFECT THE AUTHORITY, IF ANY,  OTHERWISE  POSSESSED
   10  BY  THE  RESPONSIBLE  PUBLIC ENTITY TO TAKE ACTION THAT WOULD IMPACT THE
   11  DEBT CAPACITY OF THE STATE OR THE AFFECTED JURISDICTIONS.
   12    13. NOTWITHSTANDING ANY PROVISIONS OF LAW TO THE CONTRARY:
   13    (A) THE PRIVATE ENTITY SHALL HAVE ALL POWER ALLOWED BY  LAW  GENERALLY
   14  TO  A PRIVATE ENTITY HAVING THE SAME FORM OF ORGANIZATION AS THE PRIVATE
   15  ENTITY AND SHALL HAVE THE POWER TO DEVELOP AND/OR OPERATE THE  TRANSPOR-
   16  TATION  INFRASTRUCTURE AND IMPOSE USER FEES PURSUANT TO A TRANSPORTATION
   17  INFRASTRUCTURE AGREEMENT CONSISTENT WITH PARAGRAPH  (G)  OF  SUBDIVISION
   18  TWO  OF  THIS  SECTION AND/OR ENTER INTO SERVICE CONTRACTS IN CONNECTION
   19  WITH THE USE THEREOF. NO USER FEES MAY BE IMPOSED BY THE PRIVATE  ENTITY
   20  EXCEPT AS CONSISTENT WITH THIS SECTION;
   21    (B)  THE PRIVATE ENTITY MAY LEASE OR ACQUIRE ANY OTHER RIGHT TO USE OR
   22  DEVELOP AND/OR OPERATE THE TRANSPORTATION INFRASTRUCTURE CONSISTENT WITH
   23  PARAGRAPH (C) OF SUBDIVISION SEVEN OF THIS SECTION; AND
   24    (C) IN OPERATING THE TRANSPORTATION INFRASTRUCTURE, THE PRIVATE ENTITY
   25  MAY PURSUANT TO A TRANSPORTATION INFRASTRUCTURE AGREEMENT  MAKE  CLASSI-
   26  FICATIONS ACCORDING TO REASONABLE CATEGORIES FOR ASSESSMENT OF USER FEES
   27  PROVIDED  SUCH  ENTITY  GETS  NECESSARY  APPROVAL IN ACCORDANCE WITH THE
   28  TERMS OF THE TRANSPORTATION INFRASTRUCTURE AGREEMENT.
   29    14. ANY REQUEST FOR PROPOSAL OR AGREEMENT  ENTERED  PURSUANT  TO  THIS
   30  SECTION  SHALL MAKE PROVISION FOR THE PROTECTION OF INTERESTS AND RIGHTS
   31  IN INTELLECTUAL PROPERTY AND TRADE  SECRETS  AND  INFORMATION  OTHERWISE
   32  PROTECTED BY STATE OR FEDERAL LAW.
   33    15.  IF ANY CLAUSE OR PROVISION OF THIS SECTION SHALL BE DETERMINED TO
   34  BE UNCONSTITUTIONAL OR BE INEFFECTIVE IN WHOLE OR IN PART, TO THE EXTENT
   35  THAT IT IS NOT UNCONSTITUTIONAL OR INEFFECTIVE, IT SHALL  BE  VALID  AND
   36  EFFECTIVE AND NO OTHER CLAUSE OR PROVISION SHALL, ON ACCOUNT THEREOF, BE
   37  DEEMED INVALID OR INEFFECTIVE.
   38    S  6.    The public authorities law is amended by adding a new section
   39  543 to read as follows:
   40    S 543.  INNOVATIVE  INFRASTRUCTURE  DEVELOPMENT.  NOTWITHSTANDING  ANY
   41  OTHER PROVISIONS OF LAW TO THE CONTRARY:
   42    1.  AS  USED  IN THIS SECTION, UNLESS A DIFFERENT MEANING APPEARS FROM
   43  THE CONTEXT, THE TERMS:
   44    (A) "PRIVATE  ENTITY"  MEANS  ANY  ASSOCIATION,  CORPORATION,  LIMITED
   45  LIABILITY  COMPANY,  PARTNERSHIP,  FIRM,  BUSINESS TRUST, JOINT VENTURE,
   46  NOT-FOR-PROFIT ENTITY, FUND OR OTHER PRIVATE BUSINESS ENTITY.
   47    (B) "PUBLIC ENTITY" MEANS THE STATE, THE FEDERAL GOVERNMENT, ANY OTHER
   48  STATE, ANY BI-STATE AUTHORITY OR COMMISSION, ANY  MULTI-STATE  AUTHORITY
   49  OR  COMMISSION,  ANY MULTI-NATIONAL AUTHORITY OR COMMISSION, ANY NATION,
   50  ANY PROVINCE, OR ANY AGENCY, COMMISSION, PUBLIC AUTHORITY, PUBLIC  BENE-
   51  FIT  CORPORATION,  POLITICAL SUBDIVISION OR MUNICIPALITY THEREOF, OR ANY
   52  OTHER GOVERNMENTAL ENTITY, OR ANY COMBINATION OF THE FOREGOING.
   53    (C) "TRANSPORTATION INFRASTRUCTURE" MEANS BRIDGES AS DEFINED IN SUBDI-
   54  VISION NINE OF SECTION FIVE HUNDRED TWENTY-SIX OF  THIS  TITLE  AND  THE
   55  PROVISIONS  FOR  THE  MOVEMENT OF PEOPLE, VEHICLES, GOODS OR INFORMATION

       A. 8487                            19

    1  ON, BY OR THROUGH THE USE OF BRIDGES AND SHALL INCLUDE SERVICES PROVIDED
    2  PURSUANT TO TRANSPORTATION INFRASTRUCTURE AGREEMENTS.
    3    (D) "TRANSPORTATION INFRASTRUCTURE AGREEMENT" SHALL MEAN ANY AGREEMENT
    4  ENTERED  INTO  BY  THE  AUTHORITY  PURSUANT  TO  SUBDIVISION TWO OF THIS
    5  SECTION.
    6    (E) "TRANSPORTATION INFRASTRUCTURE PROJECT" SHALL MEAN  THE  PLANNING,
    7  ACQUISITION,  DESIGN, ENGINEERING, ENVIRONMENTAL ANALYSIS, CONSTRUCTION,
    8  RECONSTRUCTION, RESTORATION, REHABILITATION, ESTABLISHMENT, IMPROVEMENT,
    9  RENOVATION,  EXTENSION,  REPAIR,  MANAGEMENT,  OPERATION,   MAINTENANCE,
   10  DEVELOPMENT  AND/OR  FINANCING OF TRANSPORTATION INFRASTRUCTURE, INCLUD-
   11  ING, BUT NOT LIMITED TO, AGREEMENTS RELATING TO THE DISTRIBUTION OF FARE
   12  AND TOLL PAYMENT MEDIA AND ELECTRONIC PAYMENT DEVICES,  AND  THE  ESTAB-
   13  LISHMENT  AND COLLECTION OF USER FEES, PURSUANT TO ONE OR MORE TRANSPOR-
   14  TATION INFRASTRUCTURE AGREEMENT.
   15    (F) "USER FEES" MEAN THE RATES, TOLLS, FARES, RENTALS OR FEES OR OTHER
   16  CHARGES IMPOSED FOR OR ASSOCIATED WITH THE USE AND OPERATION OF ALL OR A
   17  PORTION OF TRANSPORTATION INFRASTRUCTURE PURSUANT  TO  A  TRANSPORTATION
   18  INFRASTRUCTURE AGREEMENT.
   19    (G)  "BOARD"  MEANS THE INNOVATIVE INFRASTRUCTURE DEVELOPMENT BOARD AS
   20  ESTABLISHED BY SECTION NINE HUNDRED THIRTY OF THE EXECUTIVE LAW.
   21    2. NOTWITHSTANDING THE PROVISIONS OF ANY  LAW  TO  THE  CONTRARY,  THE
   22  AUTHORITY  IS  AUTHORIZED,  AS ADDITIONAL CORPORATE PURPOSES THEREOF, TO
   23  ENTER INTO TRANSPORTATION INFRASTRUCTURE AGREEMENTS, ON SUCH  TERMS  AND
   24  CONDITIONS  AS  THE  AUTHORITY  DEEMS  APPROPRIATE  AND  SUBJECT  TO THE
   25  APPROVAL OF THE DIRECTOR OF BUDGET AND THE BOARD, AND IN ACCORDANCE WITH
   26  SECTION ONE HUNDRED TWELVE OF THE STATE FINANCE LAW, WITH PUBLIC  AND/OR
   27  PRIVATE  ENTITIES  TO  PROVIDE FOR, OR IN SUPPORT OF, OR ASSOCIATED WITH
   28  TRANSPORTATION INFRASTRUCTURE PROJECTS. IN FURTHERANCE  OF  SUCH  AGREE-
   29  MENTS, THE AUTHORITY MAY:
   30    (A)  ACCEPT  IN  ACCORDANCE  WITH THE STATE FINANCE LAW AND THE PUBLIC
   31  OFFICERS LAW, ANY APPROPRIATION, GRANT, OR OFFER OF FUNDS OR PROPERTY OR
   32  OTHER FORMS OF ASSISTANCE FOR THE PURPOSES  OF  THIS  SECTION  FROM  ANY
   33  PUBLIC AND/OR PRIVATE ENTITY AND TO COMPLY WITH THE TERMS AND CONDITIONS
   34  THEREOF;
   35    (B)  ACCEPT,  PURSUANT TO THE TERMS OF A TRANSPORTATION INFRASTRUCTURE
   36  AGREEMENT, PROPERTY OR ANY INTEREST THEREIN AND  TRANSPORTATION  INFRAS-
   37  TRUCTURE  TO BE MAINTAINED BY THE AUTHORITY. ANY SUCH INTEREST IN TRANS-
   38  PORTATION INFRASTRUCTURE SO  ACQUIRED  SHALL  BE  DEEMED  TO  HAVE  BEEN
   39  ACQUIRED BY THE AUTHORITY OR AT THE AUTHORITY'S REQUEST PURSUANT TO THIS
   40  TITLE;
   41    (C)  UTILIZE ANY OF ITS POWERS OR AUTHORITY TO ACHIEVE THE PURPOSES OF
   42  THIS SECTION INCLUDING BUT NOT LIMITED TO  THE  POWER  TO  ISSUE  BONDS,
   43  NOTES AND OTHER OBLIGATIONS;
   44    (D)  FINANCE  ALL  OR ANY PART OF THE COSTS TO THE AUTHORITY OR TO ANY
   45  PUBLIC  AND/OR  PRIVATE  ENTITY  OF  ANY  TRANSPORTATION  INFRASTRUCTURE
   46  PROJECT, INCLUDING FINANCING THROUGH OR ACCOMPANIED BY ONE OR MORE LEAS-
   47  ES  OR  CONCESSIONS  OF  SUCH  PROJECT OR ANY PART THEREOF BY OR TO SUCH
   48  ENTITY OR ENTITIES AND/OR BY OR TO THE AUTHORITY OR ANY OF  ITS  SUBSID-
   49  IARIES OR AFFILIATES;
   50    (E) UTILIZE THE AUTHORITY'S EMINENT DOMAIN POWERS, PURSUANT TO SECTION
   51  FIVE  HUNDRED TWENTY-NINE OF THIS TITLE, ON SUCH TERMS AND CONDITIONS AS
   52  THE AUTHORITY DEEMS APPROPRIATE, TO ACQUIRE PROPERTY REQUIRED FOR TRANS-
   53  PORTATION INFRASTRUCTURE PROJECTS; AND
   54    (F) PROVIDE FOR THE COLLECTION AND/OR RETENTION OF USER FEES  PURSUANT
   55  TO THIS ARTICLE; PROVIDED HOWEVER THAT ANY PROVISION OF A TRANSPORTATION
   56  INFRASTRUCTURE  AGREEMENT  WHICH  PROVIDES FOR INCREASES IN USER FEES ON

       A. 8487                            20

    1  INFRASTRUCTURE CURRENTLY SUBJECT TO USER  FEES,  ESTABLISHMENT  OF  USER
    2  FEES IN A NEW LOCATION ON INFRASTRUCTURE CURRENTLY SUBJECT TO USER FEES,
    3  OR THE ESTABLISHMENT OF USER FEES ON NEWLY CONSTRUCTED INFRASTRUCTURE OR
    4  INFRASTRUCTURE  IMPROVED  TO  INCREASE CAPACITY SHALL BE CONSISTENT WITH
    5  THE POWERS OF THE AUTHORITY TO ESTABLISH OR INCREASE USER FEES  PURSUANT
    6  TO THIS TITLE.
    7    3. COST ANALYSIS. PRIOR TO ANY SOLICITATION OF PROPOSALS MADE PURSUANT
    8  TO  SECTION  NINE  HUNDRED THIRTY-ONE OF THE EXECUTIVE LAW THE AUTHORITY
    9  SHALL CONDUCT A STUDY AND ISSUE A REPORT WHICH  SHALL  DETAIL  THE  RISK
   10  ADJUSTED  ESTIMATED LIFE OF PROJECT COST FOR THE PROPOSED TRANSPORTATION
   11  INFRASTRUCTURE PROJECT WERE THE DEPARTMENT  TO  UNDERTAKE  SUCH  PROJECT
   12  THROUGH TRADITIONAL MEANS OF PROCUREMENT AND FINANCING.
   13    4. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, THE AUTHORITY
   14  IS  AUTHORIZED TO PREPARE PRELIMINARY SOLICITATIONS FOR THE PROVISION OF
   15  TRANSPORTATION INFRASTRUCTURE PROJECTS.  SUCH  SOLICITATIONS  SHALL  SET
   16  FORTH  THE  PROPOSED  PARAMETERS  OF THE PROJECT AND SHALL BE SUBJECT TO
   17  APPROVAL OF THE BOARD PURSUANT TO SECTION NINE HUNDRED THIRTY-ONE OF THE
   18  EXECUTIVE LAW.
   19    5. (A) AFTER A SOLICITATION MADE  PURSUANT  TO  SECTION  NINE  HUNDRED
   20  THIRTY-ONE  OF  THE EXECUTIVE LAW, THE AUTHORITY SHALL REVIEW ALL PROPER
   21  PROPOSALS AND MAY PRELIMINARILY ACCEPT AND  ADVANCE  TO  THE  BOARD  FOR
   22  APPROVAL THE PROPOSAL THAT IS DETERMINED BY THE AUTHORITY TO BE THE BEST
   23  VALUE AS DEFINED IN SECTION ONE HUNDRED SIXTY-THREE OF THE STATE FINANCE
   24  LAW CONSIDERING THE FOLLOWING:
   25    (I)  A  PUBLIC  NEED  FOR  THE  PROPOSED TRANSPORTATION INFRASTRUCTURE
   26  PROJECT;
   27    (II) THE REASONABLENESS OF ESTIMATED COSTS, BENEFITS  AND  LIABILITIES
   28  OF THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT;
   29    (III)  THE COMPATIBILITY OF THE PROPOSED TRANSPORTATION INFRASTRUCTURE
   30  PROJECT AND THE SCHEDULING OF ITS DEVELOPMENT OR IMPLEMENTATION AND  ITS
   31  CONNECTIONS  TO OR ROLE WITHIN THE EXISTING AUTHORITY INFRASTRUCTURE AND
   32  THE COMPATIBILITY WITH THE TRANSPORTATION PLANS OF THE AUTHORITY AND  OF
   33  ANY STATE OR LOCAL JURISDICTIONS;
   34    (IV)   THE   FEASIBILITY   OF   THE   FINANCING  OF  THE  DEVELOPMENT,
   35  CONSTRUCTION, IMPLEMENTATION AND/OR OPERATION OF THE PROPOSED  TRANSPOR-
   36  TATION INFRASTRUCTURE PROJECT;
   37    (V)  THE  QUALIFICATIONS,  EXPERIENCE,  AND  FINANCIAL CAPACITY OF THE
   38  PUBLIC AND/OR PRIVATE ENTITY PROVIDING THE TRANSPORTATION INFRASTRUCTURE
   39  PROJECT; AND
   40    (VI) WHETHER THE PROPOSED TRANSPORTATION INFRASTRUCTURE PROJECT SATIS-
   41  FIES ANY OTHER CRITERIA ESTABLISHED IN THE SOLICITATION MADE PURSUANT TO
   42  SECTION NINE HUNDRED THIRTY-ONE OF THE EXECUTIVE LAW.
   43    (B) THE AUTHORITY SHALL NOT ACCEPT OR ADVANCE ANY PROPOSAL UNLESS  THE
   44  AGGREGATE  LIFE  OF  PROJECT  COST FOR THE TRANSPORTATION INFRASTRUCTURE
   45  PROJECT IS LESS THAN THE ESTIMATE PROVIDED IN  THE  COST  ANALYSIS  MADE
   46  PURSUANT TO SUBDIVISION THREE OF THIS SECTION.
   47    6.  (A)  NOTHING  IN  THIS  SECTION  SHALL BE CONSTRUED TO REQUIRE THE
   48  AUTHORITY OR BOARD TO MAKE ANY  SOLICITATION,  ACCEPT  ANY  PROPOSAL  OR
   49  ENTER INTO ANY AGREEMENT WITH ANY PUBLIC AND/OR PRIVATE ENTITY.
   50    (B) NOTHING IN THIS SECTION SHALL BE DEEMED TO: (I) LIMIT THE AUTHORI-
   51  TY'S EXISTING POWERS AND AUTHORITY; (II) REQUIRE THE AUTHORITY TO ACCEPT
   52  ANY  PROJECT  THROUGH  THE PROVISIONS OF THIS SECTION; (III) REQUIRE THE
   53  AUTHORITY TO ENTER INTO ANY AGREEMENTS PURSUANT TO THIS SECTION; OR (IV)
   54  REQUIRE THE AUTHORITY TO TAKE ANY ACTION THAT WOULD CONTRADICT OR IMPAIR
   55  ANY EXISTING AUTHORITY CONTRACT OR AGREEMENT  WITH  ITS  BONDHOLDERS  OR
   56  OTHER ENTITIES.

       A. 8487                            21

    1    (C) NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, THE AUTHORI-
    2  TY  MAY  CONVEY  AN  INTEREST IN PROPERTY, IN WHICH THE AUTHORITY HAS AN
    3  INTEREST TO A PUBLIC AND/OR PRIVATE ENTITY PURSUANT TO THE  TERMS  OF  A
    4  TRANSPORTATION  INFRASTRUCTURE  AGREEMENT, PROVIDED HOWEVER THAT NO SUCH
    5  INTEREST  SHALL BE A FEE SIMPLE ABSOLUTE AND ANY CONVEYANCE OF AN INTER-
    6  EST IN PROPERTY IN EXCESS OF THIRTY-FIVE YEARS SHALL REQUIRE APPROVAL OF
    7  A SUPER-MAJORITY OF THE BOARD PURSUANT TO  ARTICLE  FORTY-THREE  OF  THE
    8  EXECUTIVE LAW.
    9    (D)  THE  AUTHORITY  IS  HEREBY AUTHORIZED TO PROMULGATE ANY RULES AND
   10  REGULATIONS DEEMED NECESSARY OR DESIRABLE FOR THE IMPLEMENTATION OF THIS
   11  SECTION.
   12    (E) PROJECTS UNDERTAKEN BY THE  AUTHORITY  PURSUANT  TO  THIS  ARTICLE
   13  SHALL  BE  SUBJECT  TO THE REQUIREMENTS OF ARTICLE EIGHT OF THE ENVIRON-
   14  MENTAL CONSERVATION LAW, AND, WHERE APPLICABLE, THE REQUIREMENTS OF  THE
   15  NATIONAL ENVIRONMENTAL POLICY ACT.
   16    7.  NOTWITHSTANDING  ANY PROVISION OF LAW TO THE CONTRARY, TRANSPORTA-
   17  TION INFRASTRUCTURE AGREEMENTS ENTERED INTO PURSUANT TO THIS SECTION MAY
   18  PROVIDE FOR:
   19    (A) THE  PLANNING,  ACQUISITION,  DESIGN,  ENGINEERING,  ENVIRONMENTAL
   20  ANALYSIS,  CONSTRUCTION,  RECONSTRUCTION,  RESTORATION,  REHABILITATION,
   21  ESTABLISHMENT, IMPROVEMENT, RENOVATION, EXTENSION,  REPAIR,  MANAGEMENT,
   22  OPERATION,  MAINTENANCE,  DEVELOPMENT AND/OR FINANCING OF TRANSPORTATION
   23  FACILITIES AND THE  PROVISION  OF  TRANSPORTATION  INFRASTRUCTURE  BY  A
   24  SINGLE  PUBLIC  OR  PRIVATE  ENTITY OR COMBINATION OF PUBLIC AND PRIVATE
   25  ENTITIES;
   26    (B) THE ALLOCATION OF RESPONSIBILITY AND TIMING FOR  SPECIFIC  PROJECT
   27  ELEMENTS,  REVENUE-SHARING ARRANGEMENTS, ALLOCATION OF FINANCIAL RESPON-
   28  SIBILITY FOR COST OVERRUNS, ALLOCATION OF DEVELOPMENT  COSTS,  INSURANCE
   29  OR  SURETY  REQUIREMENTS,  LIABILITY  FOR NON-PERFORMANCE, STANDARDS AND
   30  INCENTIVES FOR PERFORMANCE, DEFAULT,  TERMINATION,  BUY-BACK,  RENEGOTI-
   31  ATION  OR  AMENDMENT  CLAUSES,  INSPECTION CLAUSES, FINANCIAL REPORTING,
   32  ACCOUNTING AND AUDITING STANDARDS, ENVIRONMENTAL PERFORMANCE  STANDARDS,
   33  ANY OTHER RIGHTS AND DUTIES;
   34    (C)  THE  IMPOSITION  BY  THE  AUTHORITY,  OR THE ESTABLISHMENT BY THE
   35  PUBLIC AND/OR PRIVATE ENTITY WITH WHICH THE AUTHORITY CONTRACTS PURSUANT
   36  TO THIS SECTION, OF USER FEES AND THE PLEDGE OF ALL OR ANY PORTION THER-
   37  EOF IN CONNECTION WITH ANY FINANCING THEREON CONSISTENT  WITH  PARAGRAPH
   38  (F)  OF SUBDIVISION TWO OF THIS SECTION AND EXISTING CONTRACTS OR RESOL-
   39  UTIONS RELATING THERETO; AND
   40    (D) THE CROSSING OF ANY STREET, HIGHWAY, RAILROAD, CANAL OR  NAVIGABLE
   41  WATER  COURSE  OR RIGHT-OF-WAY, OR OTHER ROADWAY SO LONG AS THE CROSSING
   42  DOES NOT UNREASONABLY INTERFERE WITH THE REASONABLE USE THEREOF.
   43    8. ANY AUTHORITY REVENUES DERIVED FROM ANY LEASE, CONCESSION OR  OTHER
   44  FINANCING  STRUCTURE  PURSUANT TO A TRANSPORTATION INFRASTRUCTURE AGREE-
   45  MENT MAY ONLY BE USED FOR THE PURPOSE OF THE DEVELOPMENT OF  TRANSPORTA-
   46  TION INFRASTRUCTURE.
   47    9. IN THE EVENT A PUBLIC OR PRIVATE ENTITY DEFAULTS ON ITS OBLIGATIONS
   48  UNDER A TRANSPORTATION INFRASTRUCTURE AGREEMENT ENTERED INTO PURSUANT TO
   49  SUBDIVISION  TWO  OF  THIS SECTION, THE AUTHORITY WITH BOARD APPROVAL IS
   50  HEREBY AUTHORIZED BUT NOT REQUIRED TO ACQUIRE ALL OR ANY PORTION OF  ANY
   51  TRANSPORTATION  INFRASTRUCTURE  CONSTRUCTED  OR  UNDER  CONSTRUCTION  OR
   52  DEVELOPMENT BY OR IN CONJUNCTION WITH SUCH  PUBLIC  OR  PRIVATE  ENTITY,
   53  WITH  ANY  DAMAGES SUFFERED TO THE AUTHORITY AS A RESULT OF SUCH DEFAULT
   54  BEING AN OFFSET TO THE COMPENSATION PROVIDED FOR THE ACQUISITION OF  THE
   55  TRANSPORTATION  INFRASTRUCTURE.  THE  AUTHORITY  MAY  ALSO TERMINATE THE
   56  TRANSPORTATION INFRASTRUCTURE AGREEMENT AND EXERCISE ANY OTHER RIGHTS OR

       A. 8487                            22

    1  REMEDIES WHICH MAY BE AVAILABLE TO IT AT LAW OR IN EQUITY. IN THE  EVENT
    2  OF  SUCH  ACQUISITION  AND  NOTWITHSTANDING  ANY PROVISION OF LAW TO THE
    3  CONTRARY, THE AUTHORITY IS HEREBY AUTHORIZED, BUT NOT REQUIRED, TO OPER-
    4  ATE  AND MAINTAIN THE TRANSPORTATION INFRASTRUCTURE, INCLUDING THE IMPO-
    5  SITION AND COLLECTION OF APPLICABLE USER FEES.
    6    10. NOTWITHSTANDING ANY PROVISIONS OF LAW TO THE CONTRARY, THE AUTHOR-
    7  ITY, THROUGH TRANSPORTATION INFRASTRUCTURE AGREEMENTS MAY:
    8    (A) TAKE ANY ACTION TO OBTAIN FEDERAL, STATE OR LOCAL ASSISTANCE FOR A
    9  TRANSPORTATION INFRASTRUCTURE PROJECT THAT SERVES THE PUBLIC PURPOSE  OF
   10  THIS  CHAPTER  AND MAY ENTER INTO ANY CONTRACTS REQUIRED TO RECEIVE SUCH
   11  FEDERAL ASSISTANCE. THE AUTHORITY MAY USE SUCH ASSISTANCE FOR THE IMPLE-
   12  MENTATION OF THE TRANSPORTATION INFRASTRUCTURE AGREEMENTS  ENTERED  INTO
   13  PURSUANT TO SUBDIVISION TWO OF THIS SECTION; AND
   14    (B) AGREE TO MAKE GRANTS OR LOANS OR OTHER FORMS OF ASSISTANCE FOR THE
   15  DEVELOPMENT   AND/OR  OPERATION  OF  THE  TRANSPORTATION  INFRASTRUCTURE
   16  PROJECT FROM TIME TO TIME FROM AMOUNTS RECEIVED FROM THE FEDERAL, STATE,
   17  OR LOCAL GOVERNMENT, OR ANY AGENCY OR INSTRUMENTALITY THEREOF.
   18    11. NOTHING IN THIS SECTION  OR  IN  A  TRANSPORTATION  INFRASTRUCTURE
   19  AGREEMENT  ENTERED  INTO  PURSUANT  TO  THIS  SECTION SHALL BE DEEMED TO
   20  ENLARGE, DIMINISH OR AFFECT THE AUTHORITY, IF ANY,  OTHERWISE  POSSESSED
   21  BY  THE  AUTHORITY TO TAKE ACTION THAT WOULD IMPACT THE DEBT CAPACITY OF
   22  THE STATE OR ANY OTHER PUBLIC ENTITY.
   23    12. NOTWITHSTANDING ANY PROVISIONS OF LAW TO THE CONTRARY:
   24    (A) THE PRIVATE ENTITY SHALL HAVE ALL POWER ALLOWED BY  LAW  GENERALLY
   25  TO  A PRIVATE ENTITY HAVING THE SAME FORM OF ORGANIZATION AS THE PRIVATE
   26  ENTITY AND SHALL HAVE THE POWER TO DEVELOP AND/OR OPERATE THE  TRANSPOR-
   27  TATION  INFRASTRUCTURE AND IMPOSE USER FEES PURSUANT TO A TRANSPORTATION
   28  INFRASTRUCTURE AGREEMENT CONSISTENT WITH PARAGRAPH  (F)  OF  SUBDIVISION
   29  TWO  OF THIS SECTION AND/OR ENTER INTO SERVICE CONTRACTS OR OTHER AGREE-
   30  MENTS IN CONNECTION WITH THE USE THEREOF.
   31    (B) THE PRIVATE ENTITY MAY LEASE OR ACQUIRE ANY OTHER RIGHT TO USE  OR
   32  DEVELOP AND/OR OPERATE THE TRANSPORTATION INFRASTRUCTURE CONSISTENT WITH
   33  PARAGRAPH (C) OF SUBDIVISION SIX OF THIS SECTION; AND
   34    (C) IN OPERATING THE TRANSPORTATION INFRASTRUCTURE, THE PRIVATE ENTITY
   35  MAY  PURSUANT  TO A TRANSPORTATION INFRASTRUCTURE AGREEMENT MAKE CLASSI-
   36  FICATIONS ACCORDING TO REASONABLE CATEGORIES FOR ASSESSMENT OF USER FEES
   37  PROVIDED SUCH PRIVATE ENTITY GETS NECESSARY APPROVAL IN ACCORDANCE  WITH
   38  THE TERMS OF THE TRANSPORTATION INFRASTRUCTURE AGREEMENT.
   39    13.  ANY  REQUEST  FOR  PROPOSAL OR AGREEMENT ENTERED PURSUANT TO THIS
   40  SECTION SHALL MAKE PROVISION FOR THE PROTECTION OF INTERESTS AND  RIGHTS
   41  IN  INTELLECTUAL  PROPERTY  AND  TRADE SECRETS AND INFORMATION OTHERWISE
   42  PROTECTED BY STATE OR FEDERAL LAW.
   43    14. IF ANY CLAUSE OR PROVISION OF THIS SECTION SHALL BE DETERMINED  TO
   44  BE UNCONSTITUTIONAL OR BE INEFFECTIVE IN WHOLE OR IN PART, TO THE EXTENT
   45  THAT  IT  IS  NOT UNCONSTITUTIONAL OR INEFFECTIVE, IT SHALL BE VALID AND
   46  EFFECTIVE AND NO OTHER CLAUSE OR PROVISION SHALL, ON ACCOUNT THEREOF, BE
   47  DEEMED INVALID OR INEFFECTIVE.
   48    S 7. This act shall take effect immediately.