N.Y. EXC Law § 182
This is the official text of N.Y. EXC Law § 182, part of New York’s EXC Law — part of the compiled statutory law of New York, published by the state as "EXC Law." Browse the sections below, each linked to its official government source.
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Diversion of funds dedicated to public transportation systems to the general fund of the state or to any other purpose, is prohibited
Official statutory text
§ 182. Diversion of funds dedicated to public transportation systems\nto the general fund of the state or to any other purpose, is prohibited.\n1. For the purposes of this section, the term "public transportation\nsystem" shall mean any public benefit corporation constituting a\ntransportation authority which provides or contracts for the provision\nof, under joint support arrangements, mass transportation services, or a\nsubsidiary thereof, or any county or city which provides or contracts\nfor the provision of, pursuant to section one hundred nineteen-r of the\ngeneral municipal law, mass transportation services.\n 2. The director of the budget shall be prohibited from diverting\nrevenues derived from taxes and fees paid by the public into any fund\ncreated by law including, but not limited to sections eighty-eight-a,\neighty-nine-c and ninety-two-ff of the state finance law and chapter\ntwenty-five of the laws of two thousand nine for the purpose of funding\npublic transportation systems into the general fund of the state or into\nany other fund maintained for the support of another governmental\npurpose. No diversion of funds can occur contrary to this section by an\nadministrative act of the director of the budget or any other person in\nthe executive branch.\n 3. If any diversion of funds occurs by passage of legislation during a\nregular or extraordinary session of the legislature, the director of the\nbudget shall create and include with the budget or legislation diverting\nfunds, a diversion impact statement which shall include the following\ninformation:\n (a) The amount of the diversion from dedicated mass transit funds;\n (b) The amount diverted from each fund;\n (c) The amount diverted expressed as current monthly transit fares;\n (d) The cumulative amount of diversion from dedicated mass transit\nfunds during the preceding five years;\n (e) The date or dates when the diversion is to occur; and\n (f) A detailed estimate of the impact of diversion from dedicated mass\ntransit funds will have on the level of public transportation system\nservice, maintenance, security, and the current capital program.\n
Status: in_force · Read it on the official government site
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