New York A 2246: Relates to requiring approval by the comptroller for a toll increase by the New York state thruway authority

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A02246 Summary:

BILL NOA02246 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORSantabarbara

&nbsp

COSPNSRSayegh

&nbsp

MLTSPNSR

&nbsp

Amd §354, Pub Auth L

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Relates to requiring approval by the comptroller for a toll increase by the New York state thruway authority.

Go to top A02246 Actions:

BILL NOA02246 

&nbsp

01/15/2025referred to corporations, authorities and commissions

01/07/2026referred to corporations, authorities and commissions

Go to topA02246 Committee&nbspVotes:

Go to topA02246 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA02246 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2246

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 15, 2025
 ___________

 Introduced by M. of A. SANTABARBARA -- read once and referred to the
 Committee on Corporations, Authorities and Commissions

 AN ACT to amend the public authorities law, in relation to requiring
 approval by the comptroller for a toll increase by the New York state
 thruway authority

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 8 of section 354 of the public authorities law,
 2 as amended by section 2 of part TT of chapter 54 of the laws of 2016, is
 3 amended to read as follows:
 4 8. (a) Subject to agreements with noteholders or bondholders, to fix
 5 and collect such fees, rentals and charges for the use of the thruway or
 6 any part thereof necessary or convenient, with an adequate margin of
 7 safety, to produce sufficient revenue to meet the expense of maintenance
 8 and operation and to fulfill the terms of any agreements made with the
 9 holders of its notes or bonds, and to establish the rights and privi-
 10 leges granted upon payment thereof.
 11 (b) Notwithstanding any other law, rule or regulation to the contrary,
 12 prior to any increase in the fees, rentals and charges authorized in
 13 paragraph (a) of this subdivision, the authority shall submit such
 14 proposed increase to the comptroller for review and approval. The comp-
 15 troller shall review any such proposed increase and within sixty days
 16 make public a report of such comptroller's findings and approval or
 17 disapproval. A copy of the comptroller's report shall be sent to the
 18 authority, the governor, the chair of the senate finance committee, the
 19 chair of the assembly ways and means committee and the ranking minority
 20 member of each of such committees.
 21 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05084-01-5

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