New York S00540 requires legislative approval for any increase in fees, rentals, or charges for the use of the thruway.

New York S00540 amends the public authorities law to require legislative approval for any proposed increases in fees, rentals, or charges for the use of the thruway. The New York State Thruway Authority must submit a report to the legislature at least 180 days before any proposed increase takes effect. The report must include justification for the increase and information about the authority's current financial condition. If the legislature denies a proposal, any resulting revenue shortfall must be covered by the general fund.

New York S00540 requires legislative approval for any increase in fees, rentals, or charges for the use of the thruway.

New York S00540 amends the public authorities law to require legislative approval for any proposed increases in fees, rentals, or charges for the use of the thruway. The New York State Thruway Authority must submit a report to the legislature at least 180 days before any proposed increase takes effect. The report must include justification for the increase and information about the authority's current financial condition. If the legislature denies a proposal, any resulting revenue shortfall must be covered by the general fund.