Section 470. Expenditure of moneys

1. In accordance with the provisions
  of the Transportation Infrastructure Bond Act of  2000  authorizing  the
  creation of general obligation debt in the amount of three billion eight
  hundred  million  dollars  ($3,800,000,000),  the moneys received by the
  state from the sale of bonds and/or notes shall  be  expended  for  uses
  eligible  pursuant to the Transportation Infrastructure Bond Act of 2000
  pursuant to annual appropriations as follows:
    (a) One billion  nine  hundred  million  dollars  ($1,900,000,000)  as
  authorized by paragraph (a) of subdivision two of this section;
    (b)  Three  hundred  million  dollars  ($300,000,000) as authorized by
  paragraph (b) of subdivision two of this section; and
    (c) One  billion  six  hundred  million  dollars  ($1,600,000,000)  as
  authorized by subdivision two of section twelve hundred seventy-e of the
  public authorities law.
    2.  Program  distribution.  The  moneys received by the state from the
  sale of bonds sold pursuant to the  Transportation  Infrastructure  Bond
  Act  of  2000  for  uses  eligible  pursuant  to subdivisions a and b of
  section four of the Transportation Infrastructure Bond Act of 2000 shall
  be expended for  the  following  transportation  programs,  pursuant  to
  annual appropriations:
    (a)  One billion nine hundred million dollars ($1,900,000,000) for the
  construction, reconstruction, replacement, improvement,  reconditioning,
  rehabilitation  and  preservation,  including  engineering, construction
  management, site preparation, clearances, the  preparation  of  designs,
  plans,   specifications,  estimates,  environmental  impact  statements,
  appraisals and  surveys,  and  the  acquisition  of  real  property  and
  interests  therein  required  or  expected  to be required in connection
  therewith, of:  state  highways,  bridges  and  parkways;  highways  and
  bridges off the state highway system necessary or reasonably expected to
  be  necessary as a project component or incidental to projects otherwise
  authorized by this  paragraph  in  relation  to  the  canal  system  and
  appurtenances thereto; border crossing enhancements either on or off the
  state   highway   system;   the   improvement   and/or   elimination  of
  highway-railroad grade crossings either on  or  off  the  state  highway
  system;  pedestrian  and/or  bicycle  trails,  pathways and bridges that
  serve transportation needs; the canal system and appurtenances  thereto,
  including  moveable  bridges  that  cross  over  the canal system, canal
  infrastructure improvement and enhancement projects, and improvement and
  enhancement of canal harbors, service ports, marine terminals and marine
  transportation  facilities  on  the  canal   system.   Recognizing   the
  importance  of  addressing the most urgently needed projects in a timely
  fashion, five hundred million dollars ($500,000,000) shall be  allocated
  for  uses  described  in this paragraph as related to projects involving
  the conversion of Route 17 to I-86, Route 219, and the canal system  and
  its appurtenances.
    (b) Three hundred million dollars ($300,000,000) for the construction,
  reconstruction, replacement, improvement, reconditioning, rehabilitation
  and  preservation,  including engineering, construction management, site
  preparation,   clearances,   the   preparation   of   designs,    plans,
  specifications,  estimates,  environmental impact statements, appraisals
  and surveys, and the acquisition of real property and interests  therein
  required  or  expected  to  be  required  in  connection  therewith, of:
  highways and bridges either on or off the state highway system necessary
  or reasonably expected  to  be  necessary  as  a  project  component  or
  incidental  to projects otherwise authorized by this paragraph involving
  airports and aviation facilities, ports, omnibus,  mass  transit,  rapid
  transit  and  rail projects; airports and aviation facilities, equipment
  and related projects as part of the program which shall be known as  the

  New York Statewide Opportunities for Airport Revitalization ("NY SOARs")
  program,   exclusive   of   those  airports  and  facilities  under  the
  jurisdiction of the port  authority  of  New  York  and  New  Jersey  or
  operated  by  the  state of New York; ports, marine terminals and marine
  transportation facilities exclusive of those under the  jurisdiction  of
  the  port authority of New York and New Jersey or the canal corporation;
  omnibus,  mass  transit  and  rapid  transit  systems,  facilities,  and
  equipment,   including  acquisition,  exclusive  of  those  operated  or
  acquired by or under the jurisdiction of the metropolitan transportation
  authority and its subsidiaries, the New York city transit authority  and
  its  subsidiaries and the Triborough bridge and tunnel authority; urban,
  commuter and intercity passenger  rail,  freight  rail,  and  intermodal
  passenger  and  freight  facilities and equipment, including alterations
  necessary to improve track clearances,  and  also  including  facilities
  used  jointly  by  commuter  railroad  companies  and  freight  railroad
  companies, but otherwise exclusive of those operated  by  or  under  the
  jurisdiction  of  the  metropolitan  transportation  authority  and  its
  subsidiaries, the New York city transit authority and  its  subsidiaries
  and the Triborough bridge and tunnel authority.
    * NB  Not  effective  due  to defeat of the Transportation Bond Act of
  2000