S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         10064
                                 I N  A S S E M B L Y
                                     March 3, 2010
                                      ___________
       Introduced by M. of A. FIELDS -- read once and referred to the Committee
         on Transportation
       AN ACT to amend the vehicle and traffic law, in relation to establishing
         distinctive  "I love NYS parks" license plates; and to amend the state
         finance law, in relation to establishing  the  New  York  state  parks
         revolving fund
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The vehicle and traffic law is  amended  by  adding  a  new
    2  section 404-x to read as follows:
    3    S 404-X. DISTINCTIVE "I LOVE NYS PARKS" LICENSE PLATES. 1.  ANY PERSON
    4  RESIDING  IN  THIS  STATE  SHALL UPON REQUEST BE ISSUED A DISTINCTIVE "I
    5  LOVE NYS PARKS" LICENSE PLATE BEARING THE PHRASE "I LOVE ("LOVE"  DEMON-
    6  STRATED  BY A RED HEART) NYS PARKS". APPLICATION FOR SAID LICENSE PLATES
    7  SHALL BE FILED WITH THE COMMISSIONER IN SUCH  FORM  AND  DETAIL  AS  THE
    8  COMMISSIONER SHALL PRESCRIBE.
    9    2.  ANY  DISTINCTIVE  PLATE  ISSUED  PURSUANT TO THIS SECTION SHALL BE
   10  ISSUED IN THE SAME MANNER AS OTHER NUMBER PLATES UPON THE PAYMENT OF THE
   11  REGULAR REGISTRATION FEE PRESCRIBED BY SECTION FOUR HUNDRED ONE OF  THIS
   12  ARTICLE  PROVIDED,  HOWEVER, THAT AN ADDITIONAL ANNUAL SERVICE CHARGE OF
   13  TWENTY-FIVE DOLLARS SHALL BE CHARGED FOR SUCH PLATE. SUCH ANNUAL SERVICE
   14  CHARGE SHALL BE DEPOSITED PURSUANT TO THE  PROVISIONS  OF  SECTION  FOUR
   15  HUNDRED  FOUR-OO  OF  THIS  ARTICLE  TO THE CREDIT OF THE NEW YORK STATE
   16  PARKS REVOLVING FUND ESTABLISHED BY SECTION NINETY-NINE-T OF  THE  STATE
   17  FINANCE  LAW,  AND  SHALL  BE  USED  FOR NEW YORK STATE PARKS. PROVIDED,
   18  HOWEVER, THAT ONE YEAR AFTER THE EFFECTIVE DATE OF THIS  SECTION,  FUNDS
   19  IN  THE  AMOUNT  OF  FIVE THOUSAND DOLLARS, OR SO MUCH THEREOF AS MAY BE
   20  AVAILABLE SHALL BE ALLOCATED FROM SUCH FUND TO THE DEPARTMENT TO  OFFSET
   21  COSTS ASSOCIATED WITH THE PRODUCTION OF SUCH LICENSE PLATE.
   22    S  2. The state finance law is amended by adding a new section 99-t to
   23  read as follows:
   24    S 99-T. NEW YORK STATE PARKS REVOLVING FUND. 1. THERE IS HEREBY ESTAB-
   25  LISHED IN THE JOINT CUSTODY OF THE COMMISSIONER OF TAXATION AND  FINANCE
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD16097-02-0
       A. 10064                            2
    1  AND  THE  COMPTROLLER, A SPECIAL FUND TO BE KNOWN AS THE "NEW YORK STATE
    2  PARKS REVOLVING FUND".
    3    2.  SUCH  FUND  SHALL CONSIST OF ALL REVENUES RECEIVED PURSUANT TO THE
    4  PROVISIONS OF SECTION FOUR HUNDRED FOUR-X OF THE VEHICLE AND TRAFFIC LAW
    5  AND ALL OTHER MONEYS APPROPRIATED, CREDITED, OR TRANSFERRED THERETO FROM
    6  ANY OTHER FUND OR SOURCE PURSUANT TO  LAW.  NOTHING  CONTAINED  IN  THIS
    7  SECTION SHALL PREVENT THE STATE FROM RECEIVING GRANTS, GIFTS OR BEQUESTS
    8  FOR  THE  PURPOSES OF THE FUND AS DEFINED IN THIS SECTION AND DEPOSITING
    9  THEM INTO THE FUND ACCORDING TO LAW.
   10    3. MONIES OF THE FUND SHALL BE EXPENDED ONLY FOR NEW YORK STATE PARKS.
   11    S 3. This act shall take effect on the one hundred eightieth day after
   12  it shall have become a law. Effective immediately, the addition,  amend-
   13  ment and/or repeal of any rule or regulation necessary for the implemen-
   14  tation  of this act on its effective date is authorized to be made on or
   15  before such effective date.