BILL NUMBER: S715
SPONSOR: RHOADS
 
TITLE OF BILL:
An act to amend the public authorities law and the tax law, in relation
to establishing the Long Island transportation account
 
PURPOSE:
Establishes the Long Island transportation account to provide fare
discounts to residents of Nassau and Suffolk Counties for the Long
Island Railroad.
 
SUMMARY OF PROVISIONS:
Amends the public authorities law to establish the Long Island transpor-
tation account and amends the tax law to direct fifty percent of funds
from the outer borough transportation account into the Long Island
transportation account. This fund will support the operating costs of
the Metropolitan Transportation Authority in Nassau and Suffolk Counties
to improve transportation systems, facilities and equipment, and provide
a toll reduction program.
 
JUSTIFICATION:
Providing fare discounts to Nassau and Suffolk County residents through
the Long Island transportation account aims to encourage motorists to
use public transportation as the Metropolitan Transportation Authority
launches its Congestion Pricing tolling plan this summer.
 
LEGISLATIVE HISTORY:
New Bill.
 
FISCAL IMPLICATIONS:
No impact to the State.
 
EFFECTIVE DATE:
This act shall take effect immediately.

Statutes affected:
S715: 1299-H tax law