NY State Fin L § 89-B (2021)
2021 New York Laws STF - State Finance Article 6 - Funds of the State 89-B - Dedicated Highway and Bridge Trust Fund.

§  89-b.  Dedicated  highway and bridge trust fund. 1. There is hereby established in the joint  custody  of  the  state  comptroller  and  the commissioner  of  taxation and finance a special fund to be known as the "dedicated highway and bridge trust fund".   2. The dedicated highway and bridge trust fund shall consist of  three accounts:  (a)  the  special obligation reserve and payment account; (b) the highway and bridge capital account; and  (c)  the  aviation  purpose account.  Moneys  in  each  account  shall  be  kept  separate  and  not commingled with any other moneys in the custody of the comptroller.   3. * (a) The special obligation  reserve  and  payment  account  shall consist  (i)  of  all  moneys  required to be deposited in the dedicated highway and bridge trust fund pursuant to the provisions of sections two hundred five, two  hundred  eighty-nine-e,  three  hundred  one-j,  five hundred  fifteen  and eleven hundred sixty-seven of the tax law, section four hundred one and article twelve-d of the vehicle  and  traffic  law, and  section  thirty-one  of  chapter  fifty-six of the laws of nineteen hundred ninety-three, (ii) all fees, fines or penalties collected by the commissioner of transportation and the commissioner  of  motor  vehicles pursuant to section fifty-two, section three hundred twenty-six, section eighty-eight  of  the  highway law, subdivision fifteen of section three hundred eighty-five of the vehicle and traffic law, section two of  part U1  of  chapter sixty-two of the laws of two thousand three, subdivision (d) of section three hundred four-a, paragraph one  of  subdivision  (a) and  subdivision (d) of section three hundred five, subdivision six-a of section four hundred fifteen and subdivision (g) of  section  twenty-one hundred  twenty-five  of the vehicle and traffic law, section fifteen of this chapter, excepting moneys deposited with the state  on  account  of betterments   performed   pursuant   to   subdivision   twenty-seven  or subdivision thirty-five of section ten of the highway law,  and  section one  hundred  forty-five  of  the  transportation  law, (iii) any moneys collected by the department  of  transportation  for  services  provided pursuant   to   agreements  entered  into  in  accordance  with  section ninety-nine-r of the general municipal law, and (iv)  any  other  moneys collected  therefor  or  credited  or transferred thereto from any other fund, account or source.   * NB Effective until April 1, 2022   * (a) The special obligation reserve and payment account shall consist (i) of all moneys required to be deposited in the dedicated highway  and bridge  trust  fund  pursuant  to the provisions of sections two hundred five, two hundred  eighty-nine-e,  three  hundred  one-j,  five  hundred fifteen  and  eleven  hundred  sixty-seven  of the tax law, section four hundred one and article twelve-d of the vehicle  and  traffic  law,  and section  thirty-one of chapter fifty-six of the laws of nineteen hundred ninety-three, (ii)  all  fees,  fines  or  penalties  collected  by  the commissioner  of  transportation  and the commissioner of motor vehicles pursuant to section fifty-two, section three hundred twenty-six, section eighty-eight of the highway law, subdivision fifteen  of  section  three hundred  eighty-five of the vehicle and traffic law, section two of part U1 of chapter sixty-two of the laws of two thousand  three,  subdivision (d)  of  section  three hundred four-a, paragraph one of subdivision (a) and subdivision (d) of section three hundred five, subdivision six-a  of section  four  hundred fifteen and subdivision (g) of section twenty-one hundred twenty-five of the vehicle and traffic law, section  fifteen  of this  chapter,  excepting  moneys deposited with the state on account of betterments  performed   pursuant   to   subdivision   twenty-seven   or subdivision  thirty-five  of section ten of the highway law, and section one hundred forty-five of  the  transportation  law,  (iii)  any  moneys collected  by  the  department  of  transportation for services provided  pursuant  to  agreements  entered  into  in  accordance   with   section ninety-nine-r  of  the  general municipal law, and (iv) any other moneys collected therefor or credited or transferred  thereto  from  any  other fund, account or source.   * NB Separately amended, cannot be put together   * NB Effective April 1, 2022 until June 30, 2025   * (a) The special obligation reserve and payment account shall consist (i)  of all moneys required to be deposited in the dedicated highway and bridge trust fund pursuant to the provisions  of  sections  two  hundred eighty-nine-e,  three  hundred  one-j,  five  hundred fifteen and eleven hundred sixty-seven of the tax law, section  four  hundred  one  of  the vehicle  and traffic law, and section thirty-one of chapter fifty-six of the laws of nineteen hundred  ninety-three,  (ii)  all  fees,  fines  or penalties  collected  by  the  commissioner  of  transportation  and the commissioner of motor vehicles pursuant to  section  fifty-two,  section three  hundred  twenty-six,  section  eighty-eight  of  the highway law, subdivision fifteen of section three hundred eighty-five of the  vehicle and  traffic  law,  section  fifteen  of  this chapter, excepting moneys deposited with the state on account of betterments performed pursuant to subdivision twenty-seven or subdivision thirty-five of  section  ten  of the   highway   law,   and   section   one  hundred  forty-five  of  the transportation law, (iii) any moneys  collected  by  the  department  of transportation for services provided pursuant to agreements entered into in  accordance  with section ninety-nine-r of the general municipal law, and (iv) any other moneys collected therefor or credited or  transferred thereto from any other fund, account or source.   * NB Separately amended, cannot be put together   *NB Effective April 1, 2022 until June 30, 2025   * (a) The special obligation reserve and payment account shall consist (i)  of all moneys required to be deposited in the dedicated highway and bridge trust fund pursuant to the provisions  of  sections  two  hundred eighty-nine-e,  three  hundred  one-j,  five  hundred fifteen and eleven hundred sixty-seven of the tax law, section four hundred one and article twelve-d of the vehicle and  traffic  law,  and  section  thirty-one  of chapter fifty-six of the laws of nineteen hundred ninety-three, (ii) all fees, fines or penalties collected by the commissioner of transportation and  the  commissioner  of motor vehicles pursuant to section fifty-two, section three hundred twenty-six, section eighty-eight  of  the  highway law,  subdivision  fifteen  of  section three hundred eighty-five of the vehicle and traffic law, section  fifteen  of  this  chapter,  excepting moneys  deposited  with  the  state  on account of betterments performed pursuant to  subdivision  twenty-seven  or  subdivision  thirty-five  of section  ten  of  the highway law, and section one hundred forty-five of the transportation law, (iii) any moneys collected by the department  of transportation for services provided pursuant to agreements entered into in  accordance  with section ninety-nine-r of the general municipal law, and (iv) any other moneys collected therefor or credited or  transferred thereto from any other fund, account or source.   * NB Effective June 30, 2025  (b)  Moneys  in  the  special  obligation  reserve and payment account shall, following appropriation  by  the  legislature,  be  used  to  pay amounts due to the New York state thruway authority as dedicated highway and  bridge  trust  fund  cooperative agreement payments pursuant to the provisions of  dedicated  highway  and  bridge  trust  fund  cooperative agreements  entered  into  between  the  authority and the department of transportation pursuant to sections  ten-e,  ten-f,  and  ten-g  of  the highway  law, the provisions of section three hundred eighty-five of the public authorities law, and pursuant to the provisions of this section.  (c) The comptroller is hereby  authorized  and  directed  to  transfer monthly no later than the last day of each month, any moneys, if any, in excess  of  the  aggregate  amounts required to be set aside in order to meet the requirements established in paragraph (d) of this  subdivision, to  the  highway and bridge capital account, provided however that in no event shall such transfers occur unless and until the aggregate  of  all dedicated  highway  and bridge trust fund cooperative agreement payments certified to the comptroller  for  such  fiscal  year  shall  have  been appropriated   in  accordance  with  the  provisions  of  this  section. Additionally, in no event shall the comptroller pay over and  distribute any  revenues  of  the  fund to any person other than the New York state thruway authority if any payment required to be set  aside  pursuant  to paragraph  (b) of this subdivision has not been made to the authority on the date by which it was required to have been  made  pursuant  to  such schedule; provided, however, that no person, including such authority or the  holders  of its bonds or notes shall have any lien on such revenues and such agreement shall  be  executory  only  to  the  extent  of  such revenues available to the state in such fund.  (d)  Upon  receipt by the comptroller of a certificate or certificates from the chairperson of the New York state thruway  authority  submitted pursuant  to section three hundred eighty-five of the public authorities law, that such authority  requires  a  payment  or  payments,  from  the dedicated  highway and bridge trust fund, the comptroller shall pay from such fund pursuant to an appropriation on or before the fifteenth day of any month preceding the payment as the chairperson thereof may direct in any  such  certificate,  the  amount  or  amounts  so   certified.   The chairperson of such authority shall furnish the commissioner of taxation and  finance with copies of such certificates. In order to set aside the moneys necessary to meet the amounts required on  the  payment  date  or dates  herein,  the comptroller shall comply with the provisions of this subdivision.  (e) Except for the purpose of meeting a dedicated highway  and  bridge trust  fund  cooperative  agreement payment required pursuant to section three hundred eighty-five of the public authorities law that is due on a monthly basis or more frequently, prior to transferring any moneys  from the   account  pursuant  to  paragraph  (c)  of  this  subdivision,  the comptroller shall set aside on a monthly basis  all  revenues  deposited pursuant  to  this subdivision as received until the amount set aside is equal to, twenty percent of the interest due on such obligations on  the next succeeding interest payment date multiplied by the number of months from  the  date  of  the  last  such payment and ten percent of the next principal installment due on such obligations multiplied by  the  number of  months  from  the  date of the last such principal installment where principal is due on an annual  basis  or  twenty  percent  of  the  next principal  installment  due on such obligations multiplied by the number of months from the date of the last  such  principal  installment  where principal  is  due  on  a semiannual basis. For the purpose of meeting a required dedicated highway and bridge trust fund  cooperative  agreement payment  that  is  due  on  a  monthly  basis  or  more  frequently, the comptroller  shall  set  aside  all  revenues  deposited   pursuant   to subdivision  two  of  this  section  as received until the amount so set aside is, in the reasonable judgment of the comptroller,  sufficient  to pay  the  required  highway  and bridge trust fund cooperative agreement payment  on  or  before  such  payment  date.  In  no  event  shall  the comptroller  be  held  liable  for  the  failure  to set aside an amount sufficient to pay the required dedicated highway and bridge  trust  fund cooperative agreement payment to the authority.  (f) In the event that the amount set aside by the comptroller pursuant to  paragraph  (e)  of  this  subdivision  is not sufficient to meet the dedicated highway and bridge trust fund cooperative  agreement  payments required  pursuant  to  a  certificate  or certificates submitted by the chairperson  pursuant  to  subdivision  two  of  section  three  hundred eighty-five  of  the  public  authorities  law,  the  comptroller  shall immediately  transfer first from the highway and bridge capital account, and then, if necessary, from the general fund to the special  obligation reserve  and  payment  account,  an amount which, when combined with the amount set aside pursuant to paragraph (e) of this subdivision, shall be sufficient  to  make  the  dedicated  highway  and  bridge  trust   fund cooperative  agreement payments required pursuant to such certificate or certificates.  Following  such  an   event,   the   comptroller   shall, immediately  set aside the amounts required pursuant to paragraph (e) of this subdivision, set aside and pay the  next  moneys  received  by  the special  obligation reserve and payment account to reimburse the general fund for moneys which were transferred to the special obligation reserve and payment account pursuant to this paragraph. Such  amounts  shall  be set  aside  until the full amount of moneys transferred from the general fund shall have been set aside and any such moneys set  aside  shall  be transferred  to  the  general  fund  no  later than the last day of each month.   4. The highway and bridge capital account shall consist of all  moneys transferred  from the special obligation reserve and payment account and any other moneys credited or transferred thereto from  any  other  fund, account or source.   4-a.  (a)  The  aviation  purpose  account shall consist of all moneys required to be deposited by section three hundred twelve of the tax  law and  any  other  moneys  credited  or transferred thereto from any other fund, account or source.  (b) Moneys in the aviation  purpose  account  shall  be  utilized  for airports  and  aviation  facilities  and equipment and related projects, including but not  limited  to  the  acquisition  of  real  or  tangible personal   property,   construction,   reconstruction,   reconditioning, preservation, maintenance or improvement of airport or aviation  capital facilities  and  noise  mitigation  projects,  and any other purpose not prohibited by federal law.   5. * a. Moneys in the dedicated highway and bridge trust  fund  shall, following   appropriation   by   the   legislature,   be  utilized  for: reconstruction, replacement, reconditioning, restoration, rehabilitation and preservation  of  state,  county,  town,  city  and  village  roads, highways,  parkways,  and bridges thereon, to restore such facilities to their intended functions; construction, reconstruction, enhancement  and improvement  of  state, county, town, city, and village roads, highways, parkways, and bridges thereon, to address current and projected capacity problems including costs for  traffic  mitigation  activities;  aviation projects authorized pursuant to section fourteen-j of the transportation law  and  for payments to the general debt service fund of amounts equal to amounts required for service contract payments  related  to  aviation projects  as provided and authorized by section three hundred eighty-six of the public authorities law; programs to assist small and minority and women-owned   firms   engaged   in   transportation   construction   and reconstruction  projects, including a revolving fund for working capital loans, and a bonding guarantee assistance  program  in  accordance  with provisions of this chapter; matching federal grants or apportionments to the  state  for  highway,  parkway  and  bridge  capital  projects;  the acquisition of real property and interests therein required or  expected to  be required in connection with such projects; preventive maintenance  activities necessary to ensure that highways, parkways and bridges  meet or exceed their optimum useful life; expenses of control of snow and ice on  state highways by the department of transportation including but not limited  to personal services, nonpersonal services and fringe benefits, payment of emergency aid for control of snow and ice  in  municipalities pursuant  to  section fifty-five of the highway law, expenses of control of snow and ice on state highways by municipalities pursuant to  section twelve  of  the  highway  law,  and for expenses of arterial maintenance agreements with cities pursuant to section three hundred  forty-nine  of the  highway  law;  personal  services, nonpersonal services, and fringe benefit costs  of  the  department  of  transportation  for  bus  safety inspection  activities,  rail  safety  inspection  activities, and truck safety inspection activities; costs of the department of motor vehicles, including but not limited to personal and nonpersonal services; costs of engineering  and  administrative   services   of   the   department   of transportation,  including  but  not  limited  to  fringe  benefits; the contract services provided by private firms in accordance  with  section fourteen  of  the  transportation law; personal services and nonpersonal services, for activities including but not limited to the preparation of designs, plans, specifications and  estimates;  construction  management and  supervision  activities;  costs of appraisals, surveys, testing and environmental impact statements for transportation projects; expenses in connection with buildings, equipment, materials and facilities  used  or useful  in  connection  with  the  maintenance, operation, and repair of highways,  parkways  and  bridges  thereon;  and  project   costs   for: construction,    reconstruction,    improvement,    reconditioning   and preservation of rail freight facilities  and  intercity  rail  passenger facilities  and  equipment;  construction,  reconstruction, improvement, reconditioning and preservation of state, municipal and privately  owned ports;  construction,  reconstruction,  improvement,  reconditioning and preservation  of  municipal  airports;  privately  owned  airports   and aviation capital facilities, excluding airports operated by the state or operated  by  a  bi-state  municipal corporate instrumentality for which federal funding is not available provided the project is consistent with an approved  airport  layout  plan;  and  construction,  reconstruction, enhancement,   improvement,  replacement,  reconditioning,  restoration, rehabilitation and preservation of state, county, town, city and village roads, highways, parkways and bridges; and construction, reconstruction, improvement, reconditioning and preservation of fixed  ferry  facilities of   municipal  and  privately  owned  ferry  lines  for  transportation purposes, and the payment of debt service required on any  bonds,  notes or  other  obligations and related expenses for highway, parkway, bridge and  project  costs  for:  construction,  reconstruction,   improvement, reconditioning and preservation of rail freight facilities and intercity rail  passenger  facilities and equipment; construction, reconstruction, improvement, reconditioning and preservation  of  state,  municipal  and privately   owned   ports;  construction,  reconstruction,  improvement, reconditioning and preservation of municipal airports;  privately  owned airports and aviation capital facilities, excluding airports operated by the  state or operated by a bi-state municipal corporate instrumentality for which federal funding is  not  available  provided  the  project  is consistent   with   an   approved  airport  layout  plan;  construction, reconstruction, enhancement, improvement,  replacement,  reconditioning, restoration,  rehabilitation  and  preservation  of state, county, town, city  and  village  roads,   highways,   parkways   and   bridges;   and construction,    reconstruction,    improvement,    reconditioning   and preservation of fixed ferry facilities of municipal and privately  owned ferry lines for transportation purposes, purposes authorized on or after  the effective date of this section. Beginning with disbursements made on and  after the first day of April, nineteen hundred ninety-three, moneys in such fund shall be available to  pay  such  costs  or  expenses  made pursuant  to  appropriations  or  reappropriations made during the state fiscal year  which  began  on  the  first  of  April,  nineteen  hundred ninety-two.   Beginning   the  first  day  of  April,  nineteen  hundred ninety-three, moneys in such fund shall also be used  for  transfers  to the  general  debt service fund and the revenue bond tax fund of amounts equal to that respectively required for service contract  and  financing agreement  payments  as provided and authorized by section three hundred eighty of the public authorities law, section eleven  of  chapter  three hundred  twenty-nine  of  the  laws  of  nineteen hundred ninety-one, as amended, and sections sixty-eight-c and sixty-nine-o of this chapter.   * NB Effective until April 1, 2022   * a. Moneys in the dedicated highway  and  bridge  trust  fund  shall, following   appropriation   by   the   legislature,   be  utilized  for: reconstruction, replacement, reconditioning, restoration, rehabilitation and preservation  of  state,  county,  town,  city  and  village  roads, highways,  parkways,  and bridges thereon, to restore such facilities to their intended functions; construction, reconstruction, enhancement  and improvement  of  state, county, town, city, and village roads, highways, parkways, and bridges thereon, to address current and projected capacity problems including costs for  traffic  mitigation  activities;  aviation projects authorized pursuant to section fourteen-j of the transportation law  and  for payments to the general debt service fund of amounts equal to amounts required for service contract payments  related  to  aviation projects  as provided and authorized by section three hundred eighty-six of the public authorities law; programs to assist small and minority and women-owned   firms   engaged   in   transportation   construction   and reconstruction  projects, including a revolving fund for working capital loans, and a bonding guarantee assistance  program  in  accordance  with provisions of this chapter; matching federal grants or apportionments to the  state  for  highway,  parkway  and  bridge  capital  projects;  the acquisition of real property and interests therein required or  expected to  be required in connection with such projects; preventive maintenance activities necessary to ensure that highways, parkways and bridges  meet or exceed their optimum useful life; expenses of control of snow and ice on  state highways by the department of transportation including but not limited to personal services, nonpersonal services and fringe  benefits, payment  of  emergency aid for control of snow and ice in municipalities pursuant to section fifty-five of the highway law, expenses  of  control of  snow and ice on state highways by municipalities pursuant to section twelve of the highway law, and  for  expenses  of  arterial  maintenance agreements  with  cities pursuant to section three hundred forty-nine of the highway law; personal services,  nonpersonal  services,  and  fringe benefit  costs  of  the  department  of  transportation  for  bus safety inspection activities, rail  safety  inspection  activities,  and  truck safety inspection activities; costs of the department of motor vehicles, including but not limited to personal and nonpersonal services; costs of engineering   and   administrative   services   of   the  department  of transportation, including  but  not  limited  to  fringe  benefits;  the contract  services  provided by private firms in accordance with section fourteen of the transportation law; personal  services  and  nonpersonal services, for activities including but not limited to the preparation of designs,  plans,  specifications  and estimates; construction management and supervision activities; costs of appraisals,  surveys,  testing  and environmental impact statements for transportation projects; expenses in connection  with  buildings, equipment, materials and facilities used or  useful in connection with the  maintenance,  operation,  and  repair  of highways,   parkways   and  bridges  thereon;  and  project  costs  for: construction,   reconstruction,    improvement,    reconditioning    and preservation  of  rail  freight  facilities and intercity rail passenger facilities and  equipment;  construction,  reconstruction,  improvement, reconditioning  and preservation of state, municipal and privately owned ports; construction,  reconstruction,  improvement,  reconditioning  and preservation   of  municipal  airports;  privately  owned  airports  and aviation capital facilities, excluding airports operated by the state or operated by a bi-state municipal  corporate  instrumentality  for  which federal funding is not available provided the project is consistent with an  approved  airport  layout  plan;  and  construction, reconstruction, enhancement,  improvement,  replacement,  reconditioning,   restoration, rehabilitation and preservation of state, county, town, city and village roads, highways, parkways and bridges; and construction, reconstruction, improvement,  reconditioning  and preservation of fixed ferry facilities of  municipal  and  privately  owned  ferry  lines  for   transportation purposes,  and  the payment of debt service required on any bonds, notes or other obligations and related expenses for highway,  parkway,  bridge and   project  costs  for:  construction,  reconstruction,  improvement, reconditioning and preservation of rail freight facilities and intercity rail passenger facilities and equipment;  construction,  reconstruction, improvement,  reconditioning  and  preservation  of state, municipal and privately  owned  ports;  construction,   reconstruction,   improvement, reconditioning  and  preservation of municipal airports; privately owned airports and aviation capital facilities, excluding airports operated by the state or operated by a bi-state municipal corporate  instrumentality for  which  federal  funding  is  not  available provided the project is consistent  with  an  approved  airport   layout   plan;   construction, reconstruction,  enhancement,  improvement, replacement, reconditioning, restoration, rehabilitation and preservation  of  state,  county,  town, city   and   village   roads,   highways,   parkways  and  bridges;  and construction,   reconstruction,    improvement,    reconditioning    and preservation  of fixed ferry facilities of municipal and privately owned ferry lines for transportation purposes, purposes authorized on or after the effective date of this section. Beginning with disbursements made on and after the first day of April, nineteen hundred ninety-three,  moneys in  such  fund  shall  be  available  to pay such costs or expenses made pursuant to appropriations or reappropriations  made  during  the  state fiscal  year  which  began  on  the  first  of  April,  nineteen hundred ninety-two.  Beginning  the  first  day  of  April,   nineteen   hundred ninety-three,  moneys  in  such fund shall also be used for transfers to the general debt service fund and the general fund of amounts  equal  to that  respectively required for service contract and financing agreement payments as provided and authorized by section three hundred  eighty  of the  public  authorities  law,  section  eleven of chapter three hundred twenty-nine of the laws of nineteen hundred ninety-one, as amended,  and sections sixty-eight-c and sixty-nine-o of this chapter.   * NB Effective April 1, 2022   b.  Subject  to appropriation therefor and subject to subdivision four of this section, beginning the first  day  of  April,  nineteen  hundred ninety-three,  an  amount  of moneys in the dedicated highway and bridge trust fund, together with any other moneys legally  available  therefor, which  is  equivalent  to  the amount that was historically appropriated from state sources, other than proceeds from  the  accelerated  capacity and  transportation  improvements of the nineties bond act, for highway, parkway and bridge  purposes  as  enumerated  in  paragraph  a  of  this subdivision   shall   be  used  to  fund  highway,  parkway  and  bridge  expenditures that were historically  appropriated  from  state  sources, other  than  proceeds  from  the accelerated capacity and transportation improvements of the nineties bond act, for the  purposes  enumerated  in paragraph a of this subdivision.   6.  All payments of moneys from the dedicated highway and bridge trust fund shall be made on audit and warrant of the  comptroller.  Not  later than twenty days after the end of each calendar quarter, the comptroller shall  submit  to the director of the budget and the chairpersons of the fiscal committees of the legislature a  report  showing  the  amount  of receipts  identified  as  bond  proceeds  and  the  amounts,  separately identified, received from taxes, fees, transfers, or other sources,  and the  amounts  disbursed from the dedicated highway and bridge trust fund for state operations, capital projects and transfers to other funds.   7. There shall be a comprehensive financial report and  plan  for  the dedicated  highway  and  bridge  trust fund. The governor shall annually submit such plan to the legislature and the  comptroller  in  accordance with  paragraph (e) of subdivision three of section twenty-two-c of this chapter.   8. The state comptroller shall  at  the  commencement  of  each  month certify  to  the  director of the budget, the chairpersons of the senate finance and assembly ways and  means  committees,  the  commissioner  of transportation,  and  the  chairman  of the thruway authority the amount disbursed from the dedicated  highway  and  bridge  trust  fund  in  the preceding  month,  the  amounts reimbursed by the thruway authority, the revenues received in the fund, and the  unreimbursed  disbursements,  in accordance with section ten-e of the highway law.   9.  Not  later than sixty days after the end of the state fiscal year, the department of transportation shall provide to the state comptroller, the chairpersons of the senate  finance  and  assembly  ways  and  means committees  and  the  division  of the budget, a detailed description of each capital project let during the completed prior year that is  funded fully  or  partially  from  the dedicated highway and bridge trust fund. Such description  shall  include  a  project  identification  number,  a description of the project in less than thirty words, the work type, the estimated  total  cost of the project and the probable life of each such project.   10. Not later  than  March  first  of  each  state  fiscal  year,  the department of transportation shall provide to the state comptroller, the chairpersons   of  the  senate  finance  and  assembly  ways  and  means committees and the division of the budget,  a  detailed  description  of each  capital  project  anticipated  or  available to be let in the next fiscal year that is planned to be funded fully  or  partially  from  the dedicated  highway and bridge trust fund. Such description shall include a project identification number, a description of the  project  in  less than  thirty  words,  the  work  type,  the  estimated total cost of the project and the probable life of each such project.   11. The department  of  transportation  shall  provide  to  the  state comptroller and the chairpersons of the senate finance and assembly ways and  means  committees,  not  later  than  fourteen  days  subsequent to reimbursement from bond proceeds to the  dedicated  highway  and  bridge trust  fund,  a  cooperative  agreement  schedule  of  all  projects  so reimbursed. Such schedule shall include,  but  not  be  limited  to,  an identifying  project number, the work type, project description, county, total cost, percentage  of  federal  funding,  letting  date,  scheduled completion  date,  life  to date dedicated highway and bridge trust fund disbursements,  prior  amount  of  thruway   authority   bond   proceeds reimbursement, the amount of the current reimbursement, and the probable life of each such project.