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New York · Through 2026-09-11

N.Y. Transportation Law § 35: Resources of fund

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Where this section sits in the code
  1. Transportation Law
  2. Article 2-C. Niagara Thruway Toll Removal Fund

§ 35. Resources of fund. 1. (a) There shall be paid into the fund any

and all moneys received by the state from the federal government in

payment of its share, pursuant to the applicable provisions of title

twenty-three, United States Code, of the cost of construction of said

section as it exists on the sixth day of July, nineteen hundred

sixty-six.

(b) The sum of two million five hundred thousand dollars ($2,500,000),

or so much thereof as may be necessary, is hereby appropriated in the

first instance out of any moneys in the state treasury in the general

fund to the credit of the state purposes fund, not otherwise

appropriated, to the Niagara thruway toll removal fund for the purposes

of this article. No part of the appropriation hereby made shall be

available until a certificate of approval of availability shall have

been issued by the director of the budget and a copy of such certificate

filed with the state comptroller, the chairman of the senate finance

committee and the chairman of the assembly ways and means committee.

Such certificate may be amended from time to time by the director of the

budget and a copy of each such amendment shall be filed with the state

comptroller, the chairman of the senate finance committee and the

chairman of the assembly ways and means committee.

2. The fund shall pay over annually from moneys made available to it

from any source to the New York state thruway authority an amount equal

to an amount sufficient to amortize that portion of the debt service of

the authority allocable to the Niagara section of said thruway

authority; provided, however, an agreement shall be entered into between

the fund, the commissioner of transportation, the thruway authority and

the bureau of public roads of the United States department of

transportation providing: for the aforesaid annual payments by the fund

to the thruway authority; that the federal government make the payments

provided under paragraph (a) of subdivision one of this section; that

such tolls shall be removed as of the time of the first of such payments

to the thruway authority; that such tolls shall not be collected so long

as such annual payments are made; and further that the thruway authority

shall operate and maintain such section in the same manner as on the

sixth day of July, nineteen hundred sixty-six.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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