Establishes the Niagara parks reinvestment fund and requires fifty percent of parking revenue from state parks in Niagara County to be deposited in.
The bill enacts the "Niagara parks reinvestment act," which establishes the Niagara parks reinvestment fund. It mandates that fifty percent of the parking revenue generated at state parks in Niagara County be deposited into this fund. The fund will finance capital improvements in state parks in Niagara County and create a transportation system linking these parks with other tourist attractions in the county. The fund is managed jointly by the comptroller and the commissioner of taxation and finance.
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