Section 450. Expenditure of moneys

1. The moneys received by the state from
  the  sale of bonds and/or notes pursuant to the Accelerated Capacity and
  Transportation Improvements of the Nineties Bond Act shall  be  expended
  pursuant   to   annual   appropriations  for  accelerated  capacity  and
  transportation improvements and municipal bridge improvements as defined
  in this article.
    2.  Regional  distribution.  (a)  Notwithstanding   any   inconsistent
  provisions  of  any  general  or  special  law,  the  aggregate value of
  improvements shall be distributed within the regions of the state in the
  following amounts:
    (i) for the Hudson Valley region, consisting of Westchester, Rockland,
  Putnam, Dutchess, Columbia, Orange and  Ulster  counties:  four  hundred
  twenty-one million dollars ($421,000,000);
    (ii)  for  the  Long  Island  region, consisting of Nassau and Suffolk
  counties: six hundred ninety million dollars ($690,000,000);
    (iii) for New York city, consisting of Richmond,  Kings,  Queens,  New
  York   and   Bronx   counties:   six   hundred  ninety  million  dollars
  ($690,000,000); and
    (iv) for the upstate region, consisting of all counties  of  New  York
  state  not  included  in  subparagraphs  (i),  (ii),  and  (iii) of this
  paragraph:  one  billion,  one  hundred  ninety-nine   million   dollars
  ($1,199,000,000).
    (b)  Disbursements  for  such improvements are to be financed from the
  sale of bonds pursuant to the Accelerated  Capacity  and  Transportation
  Improvements of the Nineties Bond Act.
    3.  Program  distribution.  The  moneys received by the state from the
  sale  of  bonds  sold  pursuant  to   the   Accelerated   Capacity   and
  Transportation  Improvements  of the Nineties Bond Act shall be expended
  pursuant to annual appropriations for the following purposes:
    (a) for reconstruction, replacement, reconditioning  and  preservation
  of  state highways and parkways, and bridges thereon, for the purpose of
  restoring  such  facilities  to  their  intended  functions;   provided,
  however,  that  in  Nassau  and  Suffolk  counties  such reconstruction,
  replacement, reconditioning  and  preservation  of  state  highways  and
  parkways,  and  bridges  thereon,  shall  be  targeted  to high capacity
  roadways to improve traffic flow and  reduce  congestion:  one  billion,
  nine hundred twelve million dollars ($1,912,000,000);
    (b)  for  construction,  reconstruction and improvement of the state's
  highways  and  parkways,  and  bridges  thereon,  for  the  purposes  of
  addressing  current and projected severe capacity problems as identified
  by  the  commissioner:    eight  hundred  thirty-one   million   dollars
  ($831,000,000); and
    (c)   for  construction,  reconstruction,  replacement,  preservation,
  enhancement, restoration and improvement of selected  municipal  bridges
  not on the state highway system: two hundred fifty-seven million dollars
  ($257,000,000).