Bill S2472-2013

Requires port authority to acquire economic impact statement prior to increasing bridge and tunnel tolls

Requires the port authority of New York and New Jersey to acquire an economic impact statement by an independent contractor at least 30 days prior to increasing bridge and tunnel tolls.

Details

Actions

  • Jun 10, 2014: referred to corporations, authorities and commissions
  • Jun 10, 2014: DELIVERED TO ASSEMBLY
  • Jun 10, 2014: PASSED SENATE
  • Jun 2, 2014: ADVANCED TO THIRD READING
  • May 29, 2014: 2ND REPORT CAL.
  • May 28, 2014: 1ST REPORT CAL.978
  • Jan 8, 2014: REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
  • Jan 17, 2013: REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Meetings

Calendars

Votes

VOTE: COMMITTEE VOTE: - Corporations, Authorities and Commissions - May 28, 2014
Ayes (6): Ranzenhofer, Flanagan, Larkin, Martins, Perkins, Squadron

Memo

BILL NUMBER:S2472               REVISED 1/29/13

TITLE OF BILL: An act to amend chapter 47 of the laws of 1931 relating to declaring the policy of the states of New York and New Jersey in regard to certain vehicular bridges and tunnels within the port of New York district, in relation to economic impact statements prior to the increase of tolls for the use of bridges and tunnels

PURPOSE OR GENERAL IDEA OF BILL: This legislation requires the Port Authority to acquire an economic impact statement prior to increasing bridge and tunnel tolls.

SUMMARY OF SPECIFIC PROVISIONS: The Port Authority can only increase their tolls of any project operated by the authority within 30 days after the issuance of an economic impact statement on the proposed increase. This statement, conducted by an independent contractor, is to show the effects of the proposed increase in tolls as it relates to the surrounding communities.

JUSTIFICATION: The Port Authority Officials have acknowledged that there is an overall economic impact upon the entire metropolitan region resulting from increases in tolls connecting the bridges and tunnels in New York City and New Jersey. It is important that before any further toll increases are imposed at these facilities, by either MTA or the Port Authority that the people of the State of New York, particularly those living in the metropolitan region, are advised of the detrimental impact that further toll increases would have on the regional economy.

PRIOR LEGISLATIVE HISTORY: 2012: S.6034 - Referred to Corporations/A.0348 - Referred to Corporations 2010: S.1819- Referred to Transportation/A.7155 - Referred to Corporations 2009: S.1819- Referred to Transportation/A.7155- Referred to Corporations 2008: S.3031- Referred to Transportation/A.2504- Referred to Corporation 2007: S.3032- Referred to Transportation/A.2504- Referred to Ways & Mean 2006: S.3446- Referred to Transportation/A.6646- Passed Assembly 2005: S.3446- Referred to Transportation/A.6646- Referred to Corporations 2004: S.1547- Referred to Transportation/A.341S- Referred to Corporations 2003: S.1547- Referred to Transportation/A.3415-Referred to Corporations 2002: S.1432- Referred to Transportation/A.4038-Referred to Corporations 2001: S.1432- Referred to Transportation/A. 4038-Referred to Corporations 2000: S.2148- Referred to Transportation/A. 4443- Referred to Corporations 1999: S.2148- Referred to Transportation/A. 4443- Referred to Corporations 1998: S.6224- Referred to Transportation/A. 9438- Referred to Corporations

FISCAL IMPLICATIONS: None.

EFFECTIVE DATE: This act shall take effect upon the enactment into law by the state of New Jersey of legislation having an identical effect; but if the state of New Jersey shall have already enacted such legislation, then this act shall take effect immediately and provided that the state of New Jersey shall notify the legislative bill drafting commission upon the occurrence of the enactment of the provisions Provided for in this act in order that the commission may maintain an accurate and timely effective data base of the official text of the laws of the state of New York in furtherance of effecting the provisions of section 44 of the legislative law and section 70-b of the public officers law.


Text

STATE OF NEW YORK ________________________________________________________________________ 2472 2013-2014 Regular Sessions IN SENATE January 17, 2013 ___________
Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend chapter 47 of the laws of 1931 relating to declaring the policy of the states of New York and New Jersey in regard to certain vehicular bridges and tunnels within the port of New York district, in relation to economic impact statements prior to the increase of tolls for the use of bridges and tunnels THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of section 11 of chapter 47 of the laws of 1931 relating to declaring the policy of the states of New York and New Jersey in regard to certain vehicular bridges and tunnels within the port of New York district, as amended by chapter 807 of the laws of 1955, is amended to read as follows: The port authority is hereby authorized to make and enforce such rules and regulations and to establish, levy and collect such tolls and other charges in connection with any vehicular bridges and tunnels which it may now or hereafter be authorized to own, construct, operate or control (including the said Holland tunnel and the said Midtown Hudson tunnel), as it may deem necessary, proper or desirable, which said tolls and charges shall be at least sufficient to meet the expenses of the construction, operation and maintenance thereof, and to provide for the payment of, with interest upon, and the amortization and retirement of bonds or other securities or obligations issued or incurred for bridge or tunnel purposes. There shall be allocated to the cost of the construction, operation and maintenance of such bridges and tunnels, such proportion of the general expenses of the port authority as it shall deemed properly chargeable thereto. NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, NO TOLL OR OTHER CHARGE IN CONNECTION WITH ANY VEHICULAR BRIDGE OR TUNNEL SHALL BE INCREASED UNTIL NOT LESS
THAN THIRTY DAYS AFTER THE ISSUANCE OF AN ECONOMIC IMPACT STATEMENT ON THE PROPOSED INCREASE. SUCH ECONOMIC IMPACT STATEMENT SHALL BE ISSUED BY AN INDEPENDENT CONTRACTOR ENGAGED BY THE AUTHORITY BASED ON A STUDY OF THE ECONOMIC IMPACT OF SUCH PROPOSED INCREASE OF THE TOLL OR OTHER CHARGE UPON ALL COMMUNITIES AFFECTED THEREBY. S 2. This act shall take effect upon the enactment into law by the state of New Jersey of legislation having an identical effect; but if the state of New Jersey shall have already enacted such legislation, then this act shall take effect immediately and provided that the state of New Jersey shall notify the legislative bill drafting commission upon the occurrence of the enactment of the provisions provided for in this act in order that the commission may maintain an accurate and timely effective data base of the official text of the laws of the state of New York in furtherance of effecting the provisions of section 44 of the legislative law and section 70-b of the public officers law.

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