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Bill

Bill

A 2117

Relates to use of revenues from tolls collected on the Verrazzano-Narrows bridge

2025 Regular Session Introduced by Charles Fall

Governs the use of Verrazzano-Narrows Bridge toll revenues, directing funds to maintenance, capital projects, or debt service, affecting toll payers and state financing.

REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
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WeVote Research Nonpartisan
Bill Summary · A 2117

Summary of Bill A 2117

Overview

Bill A 2117, introduced on January 15, 2025, is titled “Relates to use of revenues from tolls collected on the Verrazzano-Narrows bridge.” The bill has been referred to the Assembly committee on Corporations, Authorities and Commissions. The sponsor listed is Charles Fall (primary). A related bill from a prior session is A 5732.

Purpose and Scope

  • Based on the title, the bill would address how toll revenues collected from the Verrazzano-Narrows Bridge are used. The exact allocations, restrictions, or governing rules would be specified in the text of the measure itself.
  • The available information does not provide the bill’s precise provisions, definitions, or targeted funding mechanisms. The summary here reflects the purpose suggested by the title and the bill’s placement in the legislative process.

Key Provisions (Details Not Available)

  • The specific provisions, such as how revenues would be allocated (e.g., maintenance, capital projects, debt service, subsidies, operating expenses), any caps or limitations, and oversight or reporting requirements, are not included in the information provided.
  • When the bill text is available, it will specify:
    • Allocation percentages or designated purposes for toll revenues
    • Any restrictions on transfers to other funds or uses
    • Budgetary or statutory oversight (audits, annual reporting)
    • Sunset or renewal provisions, if any
    • Definitions and terms related to toll revenue accounts

Affected Parties and Impacts

  • Toll payers on the Verrazzano-Narrows Bridge (participants in toll collection)
  • State authorities or agencies responsible for the Verrazzano-Narrows Bridge financing and operations
  • Potentially the Port Authority or related authorities if the bill interacts with revenue oversight or funding mechanisms
  • Public and regional transportation funding, depending on how revenues are directed by the bill

Legislative History and Status

  • Introduced: January 15, 2025
  • Current status: Referred to the Committee on Corporations, Authorities and Commissions
  • Legislative actions shown: Two identical referrals on the same date (likely a clerical duplicate)
  • Sponsor: Charles Fall (primary)
  • Related bill: A 5732 (prior-session), indicating similar or related objectives in a prior legislative session

Timeline and Next Steps

  • Next steps for the bill include committee hearings, potential amendments, and floor consideration in the Assembly. If advanced, the bill would move to the Senate (or the relevant next stage) for consideration.
  • Once the text is released, a detailed analysis can identify exact fiscal impacts, governance changes, and implementation timelines.

Notes for Readers

  • The current information does not include the actual text of A 2117. A complete, precise summary of provisions, fiscal impact, and implementation details will require the bill’s full language and any accompanying fiscal notes or committee memos.

Compiled from official sources — confirm details with the bill’s official record.

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