2023 New York Laws › TRA - Transportation › Article 22 - Implementation of the Rebuild and Renew New York Transportation Bond Act of 2005 › 480 - Expenditure of Moneys.

§  480. Expenditure of moneys. 1. In accordance with the provisions of
the rebuild and renew New York transportation bond act of  two  thousand
five  authorizing  the creation of general obligation debt in the amount
of two billion nine hundred million dollars ($2,900,000,000), the moneys
received by the state from the sale  of  bonds  and/or  notes  shall  be
expended  for  uses  eligible pursuant to the rebuild and renew New York
transportation  bond  act  of  two  thousand  five  pursuant  to  annual
appropriations as follows:
(a) One billion four hundred fifty million dollars ($1,450,000,000) as
authorized by subdivision two of this section; and
(b) One billion four hundred fifty million dollars ($1,450,000,000) as
authorized by subdivision two of section twelve hundred seventy-f of the
public authorities law.
2.  Program  distribution.  The  moneys received by the state from the
sale  of  bonds  sold  pursuant  to  the  rebuild  and  renew  New  York
transportation  bond act of two thousand five for uses eligible pursuant
to subdivision a of section four of  the  rebuild  and  renew  New  York
transportation  bond  act of two thousand five shall be expended for the
following transportation programs, pursuant to annual appropriations:
One billion four hundred fifty million  dollars  ($1,450,000,000)  for
the     construction,    reconstruction,    replacement,    improvement,
reconditioning, rehabilitation and preservation, including  engineering,
construction  management,  site preparation, clearances, the preparation
of  designs,  plans,  specifications,  estimates,  environmental  impact
statements, appraisals and surveys, and the acquisition of real property
and  interests therein required or expected to be required in connection
therewith, of:  state  highways,  bridges  and  parkways;  highways  and
bridges off the state highway system necessary or reasonably expected to
be  necessary as a project component or incidental to projects otherwise
authorized by this  paragraph  in  relation  to  the  canal  system  and
appurtenances  thereto;  highways and bridges either on or off the state
highway system necessary or reasonably expected to  be  necessary  as  a
project component or incidental to projects otherwise authorized by this
paragraph  in  relation  to  airports  and  aviation  facilities, ports,
omnibus, mass transit, rapid transit and rail projects; border  crossing
enhancements  either on or off the state highway system; the improvement
and/or elimination of highway-railroad grade crossings either on or  off
the state highway system; pedestrian and/or bicycle trails, pathways and
bridges   that   serve   transportation  needs;  the  canal  system  and
appurtenances thereto, including moveable bridges that  cross  over  the
canal system, canal infrastructure improvement and enhancement projects,
and  improvement and enhancement of canal harbors, service ports, marine
terminals and marine transportation  facilities  on  the  canal  system;
airports  and  aviation  facilities,  equipment  and  related  projects,
exclusive of those airports and facilities under the jurisdiction of the
port authority of New York and New Jersey or operated by  the  state  of
New  York;  ports, marine terminals and marine transportation facilities
exclusive of those under the jurisdiction of the port authority  of  New
York  and  New  Jersey; omnibus, mass transit and rapid transit systems,
facilities, and equipment, including  acquisition,  exclusive  of  those
operated  or  acquired  by or under the jurisdiction of the metropolitan
transportation authority and its subsidiaries, the New York city transit
authority and its subsidiaries and  the  Triborough  bridge  and  tunnel
authority;  urban,  commuter and intercity passenger rail, freight rail,
and intermodal passenger and freight facilities and equipment, including
alterations necessary to improve track clearances,  and  also  including
facilities  used  jointly  by  commuter  railroad  companies and freight
railroad companies, but otherwise exclusive  of  those  operated  by  or

under  the jurisdiction of the metropolitan transportation authority and
its  subsidiaries,  the  New  York  city  transit  authority   and   its
subsidiaries and the Triborough bridge and tunnel authority.